pillar/IMG-A2217236_1.jpg
7 days on Market

511 Cedarille Cres, Calgary, Alberta T2W 2H6

Detached
3 + 1
3 + 1
~1306.45 sqft
$730,000
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Detached
3 + 1
3 + 1
~1306.45 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$558/sqft

Est. Mortgage$3,135/mo

Tax Amount (2024)$4,014/yr

Days On Market7 days


Description

Attention investors and landlords! Here’s your chance to own a meticulously maintained and fully renovated bungalow in the desirable community of Cedarbrae—with tenants already in place and happy to stay. This spacious home offers a rare walk-out basement that includes a separate entrance; the lower level features a large bedroom with double closets and an egress window, a 3-piece bathroom, gas fireplace, pot lighting, built-in wall unit, huge storage, dedicated laundry room, and access to the heated garage—all adding tremendous appeal. Upstairs, the open-concept layout is both stylish and functional, with a kitchen island that flows into the dining and living areas, complete with a cozy wood-burning fireplace and a sun-filled bay window. This home is perfect for attracting quality tenants who value modern updates and thoughtful design. The private, low-maintenance backyard is a true draw, offering mature landscaping, new plant beds, fire pit, playset, shed, and interlocking brick courtyard. Additional perks include irrigation front and back, wiring for a future hot tub, and parking for up to three vehicles between the attached garage and driveway. Located just steps from a park and offering a new hot water tank, this is a turnkey investment with solid long-term potential. Whether you're looking to add to your portfolio or dive into your first income property, this home checks all the boxes. Cedarbrae | 4 Bed | 2 Bath | Walk-Out Basement | Heated Garage | Landscaped Yard Inquire today about this rare opportunity with built-in rental stability!


Property Details

StyleBungalow
View-
Age of property1973
SqFt~1306.45 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberA2217236
Community NameCedarbrae
Data SourcePILLAR 9
Listing byRoyal LePage Benchmark

Features

Heating: Fireplace(s),Forced Air
Basement: Separate/Exterior Entry,Finished,Full,Walk-Out To Grade

Main Floor

Kitchen

12`4" x 12`2"

Dining Room

10`11" x 9`0"

Living Room

18`8" x 15`7"

Bedroom - Primary

15`4" x 11`11"


Features

Patio: Patio

Parking

Garage spaces 1

Garage type -

Other parking spaces 2

Total parking spaces 3


Property History

May 2, 2025
ListedActive
$730,000
7 days on market
history photo preview43
Listing by pillar 9®
Property listed by Royal LePage Benchmark, Brokerage
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Market Data - Cedarbrae

Geo Zone Map ThumbnailCedarbrae

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

21 days

Compared to

2024

5 days

2023

16 days

New Listings

Past 30 days

6 listings

Compared to

2024

9 listings

2023

2 listings

Units sold

Past 30 days

2 units

Compared to

2024

8 units

2023

3 units

Median Sold Price

Past 30 days

$803,750

Compared to

2024

$637,944

2023

$517,000


Population and Demographics

Overview

Total population 5091
Average household income $112,357

Age (%)

35 to 49
21%
0 to 19
21%
50 to 64
20%
65 and plus
20%
20 to 34
17%

Household composition (%)

Single family
66%
Single person
28%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
85%
Others
4%
Tagalog (Pilipino, Filipino)
2%
Spanish
2%
Russian
2%
French
1%

House tenancy (%)

Owners
77%
Renters
23%

Schools and amenities

Estimated Budget