pillar/IMG-A2275628_1.jpg
5 days on Market

268 Madeira Pl, Calgary, Alberta T2A5T1

Detached
3 + 2
2
~1019.00 sqft
$565,000
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Detached
3 + 2
2
~1019.00 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$554/sqft

Monthly cost

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Description

Fully rented revenue property with recent updates and strong rental demand. The main floor offers 3 bedrooms, while the lower level features a 2-bedroom basement suite with a separate entrance. Recent basement improvements include new egress windows, vinyl plank flooring, new baseboards, and fresh paint, creating a bright and functional living space. The property is fully leased on a month-to-month basis with current rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the oversized double heated detached garage, providing strong and diversified income. Additional features include a fenced yard, separate basement access, and a heated garage generating supplemental revenue. Situated on a quiet residential street with convenient access to transit, schools, shopping, and major roadways. A well-maintained, turn-key investment with reliable cash flow already in place.


Property Details

StyleBungalow
View-
Age of property1978
SqFt~1019.00 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2275628
Community NameMarlborough Park
Data SourcePILLAR 9
Listing byThe Real Estate District

Features

Heating: Forced Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

Living Room

17`7" x 13`11"

Kitchen

9`6" x 9`6"

Dining Room

9`10" x 7`10"

Laundry

7`3" x 3`6"


Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Property History

Dec 19, 2025
ListedActive
$565,000
5 days on market
history photo preview29
Listing by pillar 9®
Property listed by The Real Estate District, Brokerage
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Market Data - Marlborough Park

Geo Zone Map ThumbnailMarlborough Park

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

34 days

Compared to

2024

26 days

2023

20 days

2022

47 days

New Listings

Past 30 days

3 listings

Compared to

2024

2 listings

2023

6 listings

2022

3 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

4 units

2022

4 units

Median Sold Price

Past 30 days

$567,500

Compared to

2024

$535,000

2023

$535,000

2022

$397,500


Population and Demographics

Overview

Total population 7085
Average household income $98,669

Age (%)

0 to 19
25%
20 to 34
19%
35 to 49
21%
50 to 64
21%
65 and plus
15%

Household composition (%)

Single family
68%
Single person
23%
Multi person
8%
Multi family
2%

Mother tongue (%)

English
66%
Arabic
8%
Tagalog (Pilipino, Filipino)
7%
Vietnamese
3%
Tigrigna
3%
Others
2%
Spanish
2%
Yue (Cantonese)
2%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget