Active

$599,000

512 Malvern Drive NEMarlborough Park, Calgary, AB T2A5J1

  • 5 beds
  • 3 baths
  • 1,124 sq ft
  • Detached

Listing courtesy of TREC The Real Estate Company · MLS® A2343216

About this home

Complete peace of mind and exceptional revenue potential come together in this newly renovated Marlborough Park investment opportunity. The main floor features a spacious, freshly updated 3-bedroom, 1.5-bathroom layout boasting durable laminate flooring and a bright, functional kitchen complete with granite countertops and stainless steel appliances. Downstairs, the fully legal 2-bedroom, 1-bathroom basement suite shines with modern updates, featuring an independent entrance, newer cabinetry, stylish quartz countertops, and a brand-new 2026 refrigerator. Massive mechanical updates protect your bottom line, including a newly installed 2025 furnace and a 2026 hot water tank. Both units share a common laundry area for ultimate convenience. The exterior provides exceptional parking flexibility, anchored by a rare triple-car garage and an additional parking pad. Whether you are looking to add a turnkey asset to your portfolio, occupy one level while generating rental income, or secure a property with built-in revenue potential, this versatile home checks all the boxes. Book your showing today.

Key facts

Type
Detached
Style
Bungalow
Year built
1976
Living area
1,124 sq ft
Lot
4,499 sq ft
Bedrooms
5 (3 above grade, 2 below)
Bathrooms
2 full, 1 half
Basement
Full, Finished
Parking
3-car garage
Price per sq ft
$533
Days on market
46
Listed
September 7, 2026
Community
Marlborough Park
Municipality
Calgary

Features

Interior

Features
Kitchen Island
Appliances
Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Forced Air
Laundry
In Basement, Laundry Room
Basement features
Separate/Exterior Entry
Included
NA

Suite

Suite
Yes
Details
Basement
Location
Suite Attached/Within Primary Dwelling
Legal suites
1

Building

Structure
House
Levels
One
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Unit faces
W

Exterior & lot

Exterior
Other
Lot
Rectangular Lot
Fencing
Fenced
Front faces
W
Lot size
4,499 sq ft
Zoning
R-CG

Parking

Garage spaces
3
Total parking
3
Details
Double Garage Detached, Triple Garage Detached

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Other

Rooms

RoomLevelSize
Living RoomMain15'1" x 13'6"
Bedroom - PrimaryMain13'3" x 11'0"
2pc Ensuite bathMain5'0" x 4'6"
4pc BathroomMain8'2" x 4'11"
BedroomMain10'3" x 9'0"
BedroomMain10'3" x 8'3"
Kitchen w/ Eating AreaMain13'6" x 13'8"
Dining RoomMain10'3" x 9'2"
PantryMain1'6" x 1'2"
EntranceMain4'10" x 3'3"
EntranceMain5'9" x 3'6"
Furnace/Utility RoomBasement6'11" x 5'6"
4pc BathroomBasement8'1" x 6'2"
LaundryBasement9'10" x 6'9"
BedroomBasement12'4" x 8'10"
BedroomBasement11'5" x 8'10"
KitchenBasement11'2" x 6'8"
Living RoomBasement15'2" x 12'7"

Location

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Monthly cost estimate

Estimated monthly payment$2,812
  • Mortgage $2,812

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 $34,900.

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Listing last updated: Oct 23, 2026, 5:05 p.m.