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268 Madeira Place NE
Calgary
T2A 5T1
$565,000
Residential
beds: 5
baths: 2.0
1,019 sq. ft.
built: 1978
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2275628
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1978
- Photos (29)
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Fully rented revenue property with recent updates and strong rental demand. Recent basement improvements include new egress windows, vinyl plank flooring, new baseboards, and fresh paint, creating a bright and functional lower level.
The property is fully leased on a month-to-month basis with current rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the detached garage.
Features include a separate basement entrance, fenced yard, and an oversized double detached garage generating additional income. Located on a quiet residential street with convenient access to transit, schools, shopping, and major roadways.
A well-maintained, turn-key investment with reliable income already in place.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Yes
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 1
- Home Style:
- Bungalow
- Total Living Area:
- 1,019 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 1,008 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
- Signup
- Acreage:
- No
- Lot Area:
- 4,617 sq. ft.
- Lot Frontage:
- 44'
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- West
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- One
- Total Rooms Above Grade:
- 7
- Year built:
- 1978 (Age: 47)
- Bedrooms:
- 5 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 7710672
- Heating:
- Forced Air
- Basement:
- Full, Finished, Separate/Exterior Entry
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame, Wood Siding
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached, Off Street
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement
- Marlborough Park
- Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer
- n/a
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 17'7" × 13'11"
- Main Floor
- Kitchen
- 9'6" × 9'6"
- Main Floor
- Dining Room
- 9'10" × 7'10"
- Main Floor
- Laundry
- 7'3" × 3'6"
- Main Floor
- Foyer
- 8'8" × 5'1"
- Main Floor
- Bedroom - Primary
- 13'3" × 11'10"
- Main Floor
- Bedroom
- 12'4" × 7'11"
- Main Floor
- Bedroom
- 9'11" × 7'10"
- Basement
- Family Room
- 16'10" × 12'8"
- Basement
- Furnace/Utility Room
- 14'1" × 7'9"
- Basement
- Kitchen
- 10'2" × 7'10"
- Basement
- Laundry
- 10'9" × 5'10"
- Basement
- Bedroom
- 12'9" × 9'5"
- Basement
- Bedroom
- 12'8" × 9'
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'11" x 9'7"
- Basement
- No
- 4
- 6' x 7'7"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Quartz Counters
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Back Yard, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone NE
- Zoning:
- R-CG
- Listed Date:
- Dec 19, 2025
- Days on Mkt:
- Signup
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Listed by The Real Estate District
Data was last updated December 19, 2025 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $369,000
- Min list price:
- $170,000
- Max list price:
- $738,888
- Avg days on market:
- 50
- Min days on market:
- 2
- Max days on market:
- 202
- Avg price per sq.ft.:
- $331.49
These statistics are generated based on the current listing's property type
and located in
A-662. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- WASEEM SIDDIQUI
- 811 MANNING RD NE #201, CALGARY, AB T2E 7L4, CANADA
- 1 (403) 9887456
- Contact by Email
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Waseem Siddiqui
811 Manning Rd NE #201, Calgary, AB T2E 7L4, Canada
Let's discuss your next home sale or purchase, with no obligation.
811 Manning Rd NE #201, Calgary, AB T2E 7L4, Calgary, AB T1X 1A1