56 days on Market

214 Erin Cir, Calgary, Alberta T3B3H8

Detached
3 + 2
4
~1589.68 sqft
$579,000
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Detached
3 + 2
4
~1589.68 sqft

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Highlights

Property Estimate

Days on market56 days

Estimated valueNot available

Price/Sqft$364/sqft

Monthly cost

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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

Style4 Level Split
View-
Age of property1997
SqFt~1589.68 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2235682
Community NameErin Woods
Data SourcePILLAR 9
Listing byURBAN-REALTY.ca

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full,Suite,Walk-Out To Grade

Second Floor

Bedroom - Primary

11`3" x 11`8"

4pc Bathroom

7`7" x 5`1"

4pc Ensuite bath

5`3" x 7`8"

Bedroom

9`7" x 11`3"


Features

Patio: Deck,Front Porch

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Jun 30, 2025
ListedActive
$579,000
56 days on market
history photo preview36
Listing by pillar 9®
Property listed by URBAN-REALTY.ca, Brokerage
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Market Data - Erin Woods

Geo Zone Map ThumbnailErin Woods

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

15 days

2023

28 days

2022

15 days

New Listings

Past 30 days

19 listings

Compared to

2024

12 listings

2023

4 listings

2022

15 listings

Units sold

Past 30 days

8 units

Compared to

2024

10 units

2023

4 units

2022

11 units

Median Sold Price

Past 30 days

$451,250

Compared to

2024

$485,440

2023

$432,500

2022

$348,900


Population and Demographics

Overview

Total population 3378
Average household income $104,103

Age (%)

0 to 19
26%
20 to 34
19%
35 to 49
22%
50 to 64
24%
65 and plus
9%

Household composition (%)

Single family
70%
Single person
20%
Multi person
8%
Multi family
2%

Mother tongue (%)

English
66%
Vietnamese
11%
Tagalog (Pilipino, Filipino)
9%
Spanish
3%
Arabic
1%
French
1%
Yue (Cantonese)
1%
Others
1%
Ilocano
1%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget