Property Details

214 Erin Circle SE
Calgary (A2235682)

$579,000
5
4
1,590 ft²
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Interest Rate
Loan Amount
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* Amounts are estimates only. Final payment amounts may vary.

Description

INVESTMENT OPPORTUNITY – CASH-FLOWING LEGAL SUITE + STRONG TENANTS LOCKED IN UNTIL 2026! Welcome to a turnkey investment property in the heart of Erin Woods SE, Calgary – offering over 1500 sqft of functional living space above grade with a legally suited walkout basement and stable rental income of $3,400/month until Spring 2026. Ideal for investors seeking immediate returns, this 4-level split home features 5 spacious bedrooms, 4 full bathrooms, and two separate laundry areas, all with quality finishes and thoughtful updates. Whether you're a seasoned investor or entering the market, this property delivers both performance and peace of mind. TENANT DETAILS & RENTAL INCOME: Main Floor Unit: Rented at $1,900/month + 60% of utilities until March 31, 2026 Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026 Combined Income: $3,400/month + utilities Average Utility Range: $250–$350/month (summer) and $350–$450/month (winter), split between units PROPERTY FEATURES: Fully legalized walkout basement suite (2022) with private entrance, 2 bedrooms, 2 bathrooms, modern kitchen w/ central island, gas fireplace, and a private south-facing deck Main level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. place Upper floor includes a spacious primary suite with a walk-in closet and an ensuite, plus 2 additional bedrooms and another full bath. Separate laundry areas for main and basement suites Recent upgrades include: ? New appliances (2023–2024) ? New furnace and hot water tank (2022) ? Legalization of basement suite (2022) PRIME LOCATION: Quiet street in central Erin Woods SE Quick access to Stoney Trail, Deerfoot Trail, and downtown Calgary Minutes to schools, shopping, parks, and Calgary’s industrial hub Rear parking pad for 2 vehicles + ample street parking in front Whether you're looking to grow your real estate portfolio or house hack with rental support, this property checks all the boxes: legal suite, long-term tenants, low vacancy risk, and strong cash flow. Don’t miss this rare opportunity to secure a high-performing investment property in Calgary’s rental market.

Property details

Basic Info

MLS® #
A2235682
Property Type:
Residential
Subtype:
Detached
Subdivision:
Erin Woods
Price
$579,000
Sale/Lease:
For Sale
Size:
1,590 sq.ft.
Bedrooms:
5
Bathrooms:
4
Year Built:
1997 (28 years old)

Building Info

Structure Type:
House
Building Style:
4 Level Split
Garage:
No
Parking:
Alley Access, Off Street, Parking Pad, Unpaved
Fence:
Fenced
Basement:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grade
Features:
Jetted Tub, Pantry, Separate Entrance, Skylight(s)
Fireplaces:
2
Inclusions:
n/a
Appliances:
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings
Laundry:
Common Area, In Basement, In Unit, Lower Level, Main Level, See Remarks
Exterior Features:
Private Entrance, Private Yard
Patio/Porch Features:
Deck, Front Porch

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.08 acres
Lot Features:
Back Yard, See Remarks
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Vinyl Siding,Wood Frame
Floors:
Ceramic Tile, Laminate, Vinyl Plank
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
30 Days / Neg,Immediate,Negotiable
Days on Market:
51
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Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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