52 Fay Road SE

About this home

Excellent investment opportunity in the established community of Fairview! With a reliable tenant already in place on a two-year lease, this extensively updated bungalow offers immediate rental income while providing the security of owning a well-located property with outstanding long-term potential. Offering 6 bedrooms with a private office/flex room and 2 fully renovated bathrooms, this home provides exceptional flexibility for today's investor and future homeowner alike. The updated kitchen features quartz countertops, stainless steel appliances, and ample cabinetry, while luxury vinyl plank flooring and updated tile run throughout the home. The fully developed basement significantly expands the living space, and many of the major improvements have already been completed, including the majority of the windows, updated bathrooms, newer washer and dryer, and a fully redone fence. Outside, you'll appreciate the large fenced backyard with a spacious patio, perfect for enjoying Calgary's summer months. The property also features an attached garage, back lane access, and a generous front parking pad with room for an RV, trailer, or multiple vehicles—offering the kind of flexibility that's increasingly difficult to find in central Calgary. Fairview continues to stand out as one of Calgary's best-value inner-city communities. Just minutes from the Fairview LRT Station, Macleod Trail, Glenmore Trail, Deerfoot Trail, and Blackfoot Trail, commuting anywhere in the city is simple. Everyday conveniences are all within easy reach, including Heritage Meadows, CF Chinook Centre, Costco, grocery stores, restaurants, and popular retailers such as London Drugs, Winners, and HomeSense. Nearby schools, parks, and recreation further enhance the appeal for both tenants and future homeowners. Whether you're looking to add a turnkey rental property to your portfolio, secure a home for future occupancy, or invest in the long-term value of centrally located land, this property offers a rar e combination of immediate income, extensive updates, and an exceptional location. As Calgary continues to grow, opportunities to own sizeable lots in established inner-city neighborhoods at an accessible price point are becoming increasingly limited, making this an investment worth considering today and for years to come. (id:66966)

Details

Type

Detached

Style

Bungalow

Size

1240 sq ft

Basement

Finished, Full

Garage

Garage

Property tax

$4,206 (2026)

Neighbourhood

Fairview

Municipality

Calgary

Interior

Bedrooms

3 above ground + 3 below

Fireplace

Yes

Appliances

Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings

Flooring

Ceramic Tile, Vinyl

Heating, cooling and services

Heating

Forced air, Natural gas

Building and exterior

Style

Bungalow

Year built

1959

Exterior

Wood frame

Foundation

Poured Concrete

Outdoor

Vinyl siding

Parking

Total parking

2

Driveway and parking

Attached Garage, Street, Oversize

Rooms

Location

Location is approximate. See nearby homes on the map