$554,900
518 54 Avenue SW
Beds
4
Baths
2
Sqft
—
Year
1966
Type
Single Family
Suite
Illegal suite mentioned
Location nearby
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.
About this home
ACT FAST! 4 BEDS | 2 BATHS | SEPARATE LAUNDRY | SINGLE DETACHED GARAGE. This property is an ideal investment opportunity, currently rented to long-term tenants. It also presents a great option for a first-time home buyer looking to enter the market in a prime location. Situated in the highly sought-after community of Windsor Park, this spacious bungalow offers incredible convenience just minutes from Chinook Centre, downtown Calgary, and excellent transportation options. 7 Mins to Downtown Calgary, less than 5 Mins to Chinook Mall, and less than 10 mins to the nearest TRAIN STATION. Located across from a SCHOOL and PARK, this well-maintained property is filled with natural light. Perfect as an INVESTMENT or a first home, you can live upstairs while renting out the illegal basement SUITE. The main floor features an open-concept living and dining area, two generously sized bedrooms, and its own laundry. The lower level, with a SEPARATE ENTRANCE, includes two additional spacious bedrooms, a large kitchen, living room, and laundry facilities. The property also boasts a fully fenced yard and a single detached garage. This home is an excellent opportunity. Schedule a showing today with your favourite Realtor!! (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- Duplex
- Community
- Windsor Park
- Common interest
- Freehold
- Living area
- 929 square feet
- Lot size
- 2,949.31 square feet
- Lot dimensions
- 2949.31
- Bedrooms
- 2 above grade, 2 below grade
- Parking
- 1 total
- Stories
- 1
- On market
- Mar 17, 2026
- Status changed
- Apr 30, 2026
- Annual tax
- $3,247 (2025)
- Zoning
- R-CG
- Photos
- 13
- MLS#
- A2293717
- Area
- CALGARY_SW
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Construction
Flooring
Foundation
Lot
Cash on cash
-5.65%
Cap rate
3.73%
GRM
15.9
Break-even rent
$3,450
Financing
Operating expenses (monthly)
Estimates 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.
Location nearby
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.