Data was last updated 2025-07-21 at 18:00:06 GMT
$579,000

214 Erin Circle SE   Calgary, Alberta

MLS®: A2235682
URL:    
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, 2026 Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026 Combined Income: $3,400/month + utilities Average Utility Range: $250?$350/month (summer) and $350?$450/month (winter), split between units PROPERTY 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 deck Main level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. place Upper 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 suites Recent 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 SE Quick access to Stoney Trail, Deerfoot Trail, and downtown Calgary Minutes to schools, shopping, parks, and Calgary?s industrial hub Rear parking pad for 2 vehicles + ample street parking in front Whether you're looking to grow your real estate portfolio or house hack with rental support, this property checks 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.

Listing Information

Prop. Type:
Detached
Property Style:
4 Level Split
Status:
Active
City:
Calgary
Bedrooms:
5
Full Bathrooms:
4
Neighbourhood:
Erin Woods
Area:
Calgary
Province:
Alberta
MLS® Number:
A2235682
Listing Price:
$579,000

General Information

Year Built:
1997
Total Square Feet:
1590ft2

Additional Information

Basement Dev:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grad
Parking:
Alley Access, Off Street, Parking Pad, Unpaved

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Location


Robert Nawrocki
GRAND REALTY
101, 112 - 16 AVENUE N.W., Calgary, Alberta
Office: 403-870-5221
Mobile: 403-870-5221
Fax: 403-246-5299
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.