203 Penbrooke Close SE, Calgary, Alberta, T2A 3N9

Exceptional investment opportunity in Penbrooke Meadows! This fully developed totalling living space of 1,675 square feet Bi-Level Semi-Detached at 203 Penbrooke Close NE is tenant occupied, generating $2,600/month plus utilities in rental income, with a lease secured until June 2026. The main level rents for $1,600/month plus utilities, and the illegal basement suite rents for $1,000/month plus utilities, offering strong and stable cash flow. Situated on a massive pie-shaped lot, the property features an expansive backyard—ideal for future development, gardening, or outdoor enjoyment. The main floor includes 3 spacious bedrooms, a bright living room, and a functional kitchen layout. The separate entrance leads to a fully finished illegal basement with its own kitchen, living area, and one bedroom—perfect for extended family or rental flexibility. Recent upgrades include a hot water tank (2023) and a high-efficiency furnace (2022). Upgrading a panel box from 60-amp to 100-amp service provides more electrical capacity for modern appliances like air conditioners, hot tubs, and EV chargers. Located on a quiet street close to schools, parks, public transit, and shopping amenities. Don’t miss this opportunity – excellent value for the area. Schedule your showing today!