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Reduced $14,901 (4%) from $399,900
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120 Pennsburg Way SE
Beds
3
Baths
2 full + 1 half
Sqft
962
Year
1972
Type
Single Family
On market
32d
Welcome to this beautifully maintained 3 BEDROOM duplex with NO CONDO FEES, featuring a fully developed basement, DETACHED DOUBLE GARAGE, and an impressive WEST-FACING PIE-SHAPED LOT with no neighbours directly behind.Perfect for first-time buyers, families, or investors, this move-in-ready home offers over 1200 SF of total developed living space and a bright and comfortable main floor that feels welcoming from the moment you step inside. The spacious living room features large front windows that bring in plenty of natural light, while the kitchen offers generous cupboard and counter space, along with a window overlooking the backyard. The layout keeps the heart of the home connected to the outdoor space, making everyday living and entertaining feel easy. A convenient half bathroom completes the main level.Upstairs, you’ll find three well-sized bedrooms and a full 4-piece bathroom, offering comfortable separation from the main living area and flexible space for family, guests, or a home office.The FULLY DEVELOPED BASEMENT adds even more usable living space, whether you need a second living room, games area, movie room, playroom, gym, or home office setup. A large storage and laundry area is tucked neatly behind a hidden door, giving you plenty of room for seasonal items, tools, household extras, and laundry needs while keeping the main basement space open and uncluttered.The backyard is a true standout. Set on a large west-facing pie-shaped lot, this private outdoor space is perfect for summer evenings, gardening, backyard fires, entertaining friends, or simply enjoying a quiet coffee in the sun. With no neighbours directly behind, back alley access, and extra space beside the garage for additional parking or trailer storage, this yard offers space, privacy, and flexibility rarely found at this price point.Additional updates include shingles replaced in 2023 and a hot water tank replaced in 2025.Conveniently located just minutes from Stoney Trail, school s, parks, playgrounds, Elliston Park, Costco, Walmart, Sobeys, shopping, and everyday amenities.Well maintained, move-in ready, and offering the space, updates, double garage and outdoor lifestyle you have been looking for.Seller Says Buy This House, And We’ll Buy Yours*. Homes For Heroes Cashback Program*.(*Terms and conditions apply.) (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 16.83 Ft x 10.83 Ft | |
| Recreational, Games room | 6.58 Ft x 6.25 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 3.42 Ft x 3.33 Ft | |
| Living room | 12.00 Ft x 11.67 Ft | |
| Other | 13.08 Ft x 9.75 Ft | |
| Other | 5.42 Ft x 3.00 Ft | |
| 2pc Bathroom | 4.92 Ft x 4.00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.92 Ft x 9.17 Ft | |
| Bedroom | 8.25 Ft x 8.00 Ft | |
| Bedroom | 9.75 Ft x 9.58 Ft | |
| 4pc Bathroom | 7.25 Ft x 4.92 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.29%
Cap rate
4.81%
GRM
13.4
Break-even rent
$2,419
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.