52 Fay Road SE, Calgary, AB T2H 1H4 (MLS # A2323234)

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PRICE $699,000 dsIDX morgage calculator
BEDS 6
BATHS 2
HOME SIZE 1,240 sqft
LOT SIZE 4,792 sqft

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 rare 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.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 6/26/2026
TRACT Fairview YEAR BUILT 1959
GARAGE SPACES 1.0 COUNTY Calgary
STATUS Active PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
BASEMENT Finished, Full, Yes
CONSTRUCTION Frame, Vinyl Siding
EXTERIOR Private Entrance, Private Yard
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Forced Air, Natural Gas
LOT 4792 sq ft
LOT DESCRIPTION Private
PARKING Off Street, Attached, Garage
STORIES 1
STYLE Bungalow
SUBDIVISION Fairview
TAXES 4206
MORTGAGE CALCULATOR
   

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Listed with RE/MAX First

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Data last updated 6/26/26 7:23 PM PDT

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