Prime investment opportunity in the heart of Elboya on a 50 ft x 120 ft R-CG lot. This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary’s most desirable inner-city communities, with excellent long-term holding and redevelopment potential. The main floor features two spacious bedrooms, a four-piece bathroom, a bright living room, dining area, and a well-appointed kitchen. The legal lower suite offers two additional bedrooms, a four-piece bathroom, and a full kitchen, with separate private entrances for each unit. Shared spaces include a large utility room with two furnaces, two hot water tanks, and common laundry. Utilities are split between tenants, helping reduce ownership costs. Both leases renew in June, and the tenants have expressed interest in extending their stay, providing immediate and stable cash flow for the next owner. Recent upgrades include new egress windows in the basement bedrooms, updated LVP flooring, hardwired smoke and carbon monoxide detectors, a sprinkler system in common areas, new alarm bells, furnace servicing, and yard improvements. The oversized lot offers a large private yard with mature trees, back alley access, and a parking pad. Combined with the front driveway, there is parking for up to six vehicles. Ideally located minutes from downtown, the C-Train, Chinook Centre, parks, schools, and everyday amenities. Whether you are looking to live upstairs and offset ownership costs by renting the legal suite, or secure a strong investment in a high-demand neighbourhood, this property delivers flexibility, income, and long-term value.
For sale
C$724,900
4617 SE Stanley Rd SW, Calgary, AB T2S 2R1
4beds
1,036sqft
Single Family Residence
Built in 1955
6,098.4 Square Feet Lot
$-- Zestimate®
C$700/sqft
C$-- HOA
What's special
Raised bungalowLegal walk-out suiteTwo spacious bedroomsFour-piece bathroomDining areaWell-appointed kitchenCommon laundry
- 5 days |
- 29 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2026 at 10:05am
Listed by:
Don Wong, Associate,
2% Realty
Source: courtesy of Pillar9 System,MLS®#: A2298778
Originating MLS®#: Calgary
Originating MLS®#: CalgaryFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 14`9" x 11`1"
Bedroom
- Level: Main
- Dimensions: 11`0" x 10`7"
Bedroom
- Level: Basement
- Dimensions: 15`2" x 6`5"
Bedroom
- Level: Basement
- Dimensions: 10`5" x 9`8"
Other
- Level: Main
- Dimensions: 7`4" x 6`9"
Other
- Level: Basement
- Dimensions: 8`4" x 4`10"
Dining room
- Level: Main
- Dimensions: 9`2" x 8`1"
Dining room
- Level: Basement
- Dimensions: 9`2" x 8`1"
Kitchen
- Level: Main
- Dimensions: 10`6" x 9`7"
Kitchen
- Level: Basement
- Dimensions: 10`6" x 9`7"
Living room
- Level: Main
- Dimensions: 17`3" x 13`8"
Living room
- Level: Basement
- Dimensions: 17`3" x 13`8"
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Range Hood, Refrigerator, Stove(s), Washer/Dryer
- Laundry: In Basement
Features
- Kitchen Island, Laminate Counters
- Flooring: Hardwood, Laminate
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 1,036 sqft
Property
Parking
- Total spaces: 4
- Parking features: Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: None
- Exterior features: Private Entrance, Private Yard
- Fencing: Fenced
- Frontage length: 15.06M 49`5"
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 49'5" x 120
- Features: Back Lane, Back Yard
Details
- Parcel number: 101315553
- Zoning: R-CG
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1955
Community & HOA
Community
- Features: Playground, Sidewalks, Street Lights
- Subdivision: Elboya
HOA
- Has HOA: No
Location
- Region: Calgary
Financial & listing details
- Price per square foot: C$700/sqft
- Date on market: 4/2/2026
- Inclusions: Appliances in Basement
Don Wong, Associate
Don Wong, Associate
(403) 903-2888
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Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: Elboya
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
- Alberta
- Division No. 6
- Calgary
- T2S 2R1
- Elboya
- 4617 SE Stanley Rd SW
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