ActiveNew

$649,900

16 Mckenna Place SEMcKenzie Lake, Calgary, AB T2Z 1Y7

  • 5 beds
  • 3 baths
  • 1,255 sq ft
  • Detached

Listing courtesy of RE/MAX Complete Realty · MLS® A2352428

Virtual tour

About this home

INCREDIBLE REVENUE PROPERTY IN MCKENZIE LAKE! YES LAKE ACCESS!!Generate $3,800 per month in rental income or live upstairs and rent out the lower level to help pay your mortgage! INVESTORS AND HOMEOWNERS, THIS IS AN OPPORTUNITY YOU DON'T WANT TO MISS!

Welcome to the vibrant, family-friendly community of McKenzie Lake! This spacious, fully developed 5-bedroom bi-level home offers incredible versatility, recent upgrades, and excellent income potential, all situated in a quiet cul-de-sac within walking distance of schools and the lake.

Currently generating $3,800 per month in rental income ($45,600 annually), with the upper level renting for $2,300/month and the lower level for $1,500/month. Both tenants are wonderful, would love to stay, and offer an attractive opportunity for investors seeking an income-producing property.

"Alternatively, move into the upper level and continue renting the basement to help offset your monthly mortgage payments!"

Step inside to discover a bright, spacious floor plan featuring vaulted ceilings, a welcoming living room with a cozy wood-burning fireplace, and a generous dining area. The beautifully updated kitchen showcases granite countertops, newer appliances, and a spacious breakfast nook overlooking the private backyard.

The main level features three generously sized bedrooms, including a primary suite with a private 3-piece ensuite, along with an updated 4-piece main bathroom.

The fully developed lower level offers two additional spacious bedrooms, a large recreation/living area, laundry facilities, ample storage, and a rough-in for a future bathroom, providing plenty of room and flexibility.

Numerous recent improvements include updated flooring, fresh paint, renovated kitchen and bathrooms, granite countertops, newer appliances, updated lighting, and closet doors.

Outside, enjoy a fully fenced and landscaped yard with mature trees for privacy, a raised deck perfect for entertaining, and an oversized heated single garage.

Located in the highly desirable lake community of McKenzie Lake, you'll appreciate nearby schools, parks, pathways, shopping, and easy access to major roadways.

THREE GREAT REASONS TO BUY:

INVEST: Keep both tenants and enjoy $3,800/month in existing rental income.

LIVE & EARN: Make the upper level your home while collecting $1,500/month from the basement.

PLAN FOR THE FUTURE: Secure a spacious 5-bedroom home in an established, sought-after Calgary community.

Great location. Great tenants. Great income potential.

Whether you're an investor looking to grow your portfolio or a homeowner wanting help with your mortgage, this McKenzie Lake property delivers outstanding possibilities.

Don't miss this opportunity — book your private showing today!

Key facts

Type
Detached
Style
Bi-Level
Year built
1987
Living area
1,255 sq ft
Lot
4,499 sq ft
Bedrooms
5 (3 above grade, 2 below)
Bathrooms
3 full
Basement
Full, Finished
Parking
1-car garage
Price per sq ft
$518
Days on market
1
Listed
October 20, 2026
Community
McKenzie Lake
Municipality
Calgary

Features

Interior

Features
See Remarks
Appliances
Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer, Window Coverings
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Forced Air
Fireplaces
1 (Wood Burning)
Laundry
In Basement
Included
None

Suite

Suite
No

Building

Structure
House
Levels
Bi-Level
Construction
Vinyl Siding, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete

Exterior & lot

Lot
Back Lane, Back Yard, Cul-De-Sac
Patio / porch
Deck
Fencing
Fenced
Front faces
SW
Lot size
4,499 sq ft
Zoning
R-C1

Parking

Garage spaces
1
Total parking
1
Details
Single Garage Detached

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Golf, Lake, Park, Playground, Schools Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Rooms

RoomLevelSize
3pc Ensuite bathMain5'0" x 8'0"
4pc BathroomMain5'1" x 8'2"
BedroomMain9'3" x 10'0"
BedroomMain9'2" x 15'4"
Breakfast NookMain15'1" x 7'10"
Dining RoomMain12'0" x 8'7"
KitchenMain12'0" x 9'3"
Living RoomMain11'9" x 16'8"
Bedroom - PrimaryMain12'7" x 16'4"
4pc BathroomBasement8'5" x 6'1"
BedroomBasement11'2" x 10'6"
BedroomBasement8'10" x 13'10"
KitchenBasement10'11" x 16'1"
LaundryBasement16'4" x 13'5"
Game RoomBasement11'2" x 12'0"
StorageBasement7'7" x 8'11"
Furnace/Utility RoomBasement8'8" x 5'6"

Location

Open in Google Maps ↗
Kylian's community guide

McKenzie Lake

An established community between Fish Creek Park and Deerfoot Trail.

Schools, amenities, prices and my take on McKenzie Lake →

Monthly cost estimate

Estimated monthly payment$3,051
  • Mortgage $3,051

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $39,990.

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Listing last updated: Oct 20, 2026, 3:00 p.m.