pillar/IMG-A2331529_1.jpg
78 days on Market

52 Fay Rd, Calgary, Alberta T2H 1H4

Detached
3 + 3
2
~1240.19 sqft
$699,000
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Detached
3 + 3
2
~1240.19 sqft

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Highlights

Property Estimate

Days on market78 days

Estimated valueNot available

Price/Sqft$563/sqft

Monthly cost

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Description

Excellent investment opportunity in the established community of Fairview! With a reliable tenant already in place on a two-year lease, this extensively updated bungalow offers immediate rental income while providing the security of owning a well-located property with outstanding long-term potential. Offering 6 bedrooms with a private office/flex room and 2 fully renovated bathrooms, this home provides exceptional flexibility for today's investor and future homeowner alike. The updated kitchen features quartz countertops, stainless steel appliances, and ample cabinetry, while luxury vinyl plank flooring and updated tile run throughout the home. The fully developed basement significantly expands the living space, and many of the major improvements have already been completed, including the majority of the windows, updated bathrooms, newer washer and dryer, and a fully redone fence. Outside, you'll appreciate the large fenced backyard with a spacious patio, perfect for enjoying Calgary's summer months. The property also features an attached garage, back lane access, and a generous front parking pad with room for an RV, trailer, or multiple vehicles—offering the kind of flexibility that's increasingly difficult to find in central Calgary. Fairview continues to stand out as one of Calgary's best-value inner-city communities. Just minutes from the Fairview LRT Station, Macleod Trail, Glenmore Trail, Deerfoot Trail, and Blackfoot Trail, commuting anywhere in the city is simple. Everyday conveniences are all within easy reach, including Heritage Meadows, CF Chinook Centre, Costco, grocery stores, restaurants, and popular retailers such as London Drugs, Winners, and HomeSense. Nearby schools, parks, and recreation further enhance the appeal for both tenants and future homeowners. Whether you're looking to add a turnkey rental property to your portfolio, secure a home for future occupancy, or invest in the long-term value of centrally located land, this property offers a rare combination of immediate income, extensive updates, and an exceptional location. As Calgary continues to grow, opportunities to own sizeable lots in established inner-city neighborhoods at an accessible price point are becoming increasingly limited, making this an investment worth considering today and for years to come.


Property Details

StyleBungalow
View-
Age of property1959
SqFt~1240.19 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2331529
Community NameCalgary
Data SourcePILLAR 9
Listing byRE/MAX House of Real Estate

Features

Heating: Forced Air,Natural Gas
Basement: Full,Finished,None

Main Floor

Bedroom - Primary

12`8" x 12`1"

Bedroom

11`4" x 8`1"

Kitchen With Eating Area

12`7" x 12`7"

4pc Bathroom

8`6" x 4`11"


Features

Patio: Deck

Parking

Garage spaces 1

Garage type -

Other parking spaces 1

Total parking spaces 2


Property History

Jul 22, 2026
ListedActive
$699,000
78 days on market
history photo preview35
Listing by pillar 9®
Property listed by RE/MAX House of Real Estate, Brokerage
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Market Data - Calgary

Geo Zone Map ThumbnailCalgary

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2025

38 days

2024

27 days

2023

25 days

New Listings

Past 30 days

1702 listings

Compared to

2025

1879 listings

2024

1782 listings

2023

1504 listings

Units sold

Past 30 days

900 units

Compared to

2025

865 units

2024

941 units

2023

1144 units

Median Sold Price

Past 30 days

$687,500

Compared to

2025

$691,000

2024

$710,000

2023

$650,000


Population and Demographics

Overview

Total population 1296795
Average household income $146,479

Age (%)

0 to 19
24%
20 to 34
21%
35 to 49
23%
50 to 64
19%
65 and plus
14%

Household composition (%)

Single family
65%
Single person
28%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
72%
Others
5%
Punjabi (Panjabi)
3%
Tagalog (Pilipino, Filipino)
3%
Yue (Cantonese)
3%
Mandarin
3%
Spanish
2%
Arabic
2%
French
1%
Urdu
1%

House tenancy (%)

Owners
69%
Renters
31%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget