pillar/IMG-A2279476_1.jpg
26 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 market26 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
26 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

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

49 days

Compared to

2025

25 days

2024

12 days

2023

29 days

New Listings

Past 30 days

5 listings

Compared to

2025

3 listings

2024

7 listings

2023

6 listings

Units sold

Past 30 days

3 units

Compared to

2025

5 units

2024

4 units

2023

7 units

Median Sold Price

Past 30 days

$560,000

Compared to

2025

$612,000

2024

$569,000

2023

$447,000


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