pillar/IMG-A2279476_1.jpg
9 days on Market

5507 & 5505 8 Ave, Calgary, Alberta T2A 0B2

Detached
4 + 4
4
~1892.00 sqft
$900,000
Get pre-qualifiedPowered by nesto
Detached
4 + 4
4
~1892.00 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market9 days

Estimated valueNot available

Price/Sqft$475/sqft

Monthly cost

Open Calculator

Description

Side-by-side duplex on a single title featuring FOUR fully self-contained units, each with its own private entrance, separate appliances, and in-suite laundry—a RARE and efficient multi-family opportunity in SE Calgary. Many of the units have been thoughtfully updated with newer cabinetry, quartz countertops, and modern finishes, creating a clean, contemporary feel for tenants. A new FOUR CAR detached garage adds significant value and is currently rented to two separate business tenants, providing additional income potential. Fence posts have already been installed, offering a head start for a future owner to complete the fencing and further enhance privacy and curb appeal. All existing tenants would like to stay, making this a truly turn-key investment with immediate flow. The location is a major highlight: just 1.1 km to Lucky Supermarket, steps from multiple well-reviewed restaurants, and only a two-minute walk to the nearest playground. The property is also within walking distance to FOUR schools, making it highly attractive to families and long-term tenants. Residents enjoy easy access to parks, established pathway systems, excellent transit, and nearby shopping, with quick connectivity to major routes throughout the city. A strong income property in a proven rental location with excellent walkability and long-term upside. What are you waiting for?


Property Details

StyleAttached-Side by Side,Bungalow
View-
Age of property1971
SqFt~1892.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2279476
Community NamePenbrooke Meadows
Data SourcePILLAR 9
Listing byCIR Realty

Features

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

Main Floor

4pc Bathroom

6`5" x 7`1"

Bedroom

9`11" x 12`0"

Dining Room

9`11" x 8`5"

Kitchen

9`1" x 9`1"


Features

Patio: Other

Parking

Garage spaces 4

Garage type -

Other parking spaces 0

Total parking spaces 4


Property History

Jan 16, 2026
ListedActive
$900,000
9 days on market
history photo preview44
Listing by pillar 9®
Property listed by CIR Realty, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Penbrooke Meadows

Geo Zone Map ThumbnailPenbrooke Meadows

Strong 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

0 day

Compared to

2025

37 days

2024

21 days

2023

23 days

New Listings

Past 30 days

2 listings

Compared to

2025

8 listings

2024

4 listings

2023

3 listings

Units sold

Past 30 days

0 unit

Compared to

2025

10 units

2024

8 units

2023

5 units

Median Sold Price

Past 30 days

$0

Compared to

2025

$512,500

2024

$499,750

2023

$350,000


Population and Demographics

Overview

Total population 5545
Average household income $95,206

Age (%)

0 to 19
24%
20 to 34
19%
35 to 49
21%
50 to 64
22%
65 and plus
14%

Household composition (%)

Single family
62%
Single person
26%
Multi person
11%
Multi family
2%

Mother tongue (%)

English
66%
Vietnamese
8%
Tagalog (Pilipino, Filipino)
7%
Arabic
4%
Yue (Cantonese)
3%
Others
3%
Spanish
3%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget