214 Erin Circle SE new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T3B3H8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,590 sqft
Price per Sqft $364
Subdivision Erin Woods
MLS Listing ID A2235682
Style 4 Level
Bedrooms 5
Year Built 1997
Lot Size 3,293 Sqft
Acres 0.075614244
Property Sub-Type Freehold
Source Calgary Real Estate Board
Property 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, 2026Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026Combined Income: $3,400/month + utilitiesAverage Utility Range: $250–$350/month (summer) and $350–$450/month (winter), split between unitsPROPERTY 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 deckMain level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. placeUpper 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 suitesRecent 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 SEQuick access to Stoney Trail, Deerfoot Trail, and downtown CalgaryMinutes to schools, shopping, parks, and Calgary's industrial hubRear parking pad for 2 vehicles + ample street parking in frontWhether you're looking to grow your real estate portfolio or house hack with rental support, this property c hecks 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. (id:24570)
Location
Province AB
Rooms
Kitchen 2.0
Extra Room 1 Second level 7.58 Ft x 5.08 Ft 4pc Bathroom
Extra Room 2 Second level 5.25 Ft x 7.67 Ft 4pc Bathroom
Extra Room 3 Second level 9.58 Ft x 11.25 Ft Bedroom
Extra Room 4 Second level 9.50 Ft x 11.33 Ft Bedroom
Extra Room 5 Second level 11.25 Ft x 11.67 Ft Primary Bedroom
Extra Room 6 Lower level 7.58 Ft x 5.00 Ft 3pc Bathroom
Interior
Heating Forced air,
Cooling None
Flooring Ceramic Tile,Laminate,Vinyl Plank
Fireplaces Number 2
Exterior
Parking Features No
Fence Fence
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Architectural Style 4 Level
Others
Ownership Freehold
Virtual Tour https://iguideradix.com/ajc3t_214_erin_cir_se_calgary_ab/