Active

$699,000

52 Fay Road SEFairview, Calgary, AB T2H 1H4

  • 6 beds
  • 2 baths
  • 1,240 sq ft
  • Detached

Listing courtesy of RE/MAX House of Real Estate · MLS® A2331529

About this home

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.

Key facts

Type
Detached
Style
Bungalow
Year built
1959
Living area
1,240 sq ft
Lot
5,005 sq ft
Bedrooms
6 (3 above grade, 3 below)
Bathrooms
2 full
Basement
Full, Finished
Parking
1-car garage, 2 spaces total
Price per sq ft
$564
Days on market
91
Listed
July 22, 2026
Community
Fairview
Municipality
Calgary

Features

Interior

Features
No Animal Home, No Smoking Home
Appliances
Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer, Window Coverings
Flooring
Ceramic Tile, Vinyl
Heating
Forced Air, Natural Gas
Fireplaces
1
Laundry
In Basement
Included
N/A

Suite

Suite
No

Building

Structure
House
Levels
One
Construction
Vinyl Siding, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete

Exterior & lot

Exterior
Private Entrance, Private Yard
Lot
Back Lane, Back Yard, Rectangular Lot
Patio / porch
Deck
Fencing
Fenced
Front faces
W
Lot size
5,005 sq ft
Zoning
R-CG

Parking

Garage spaces
1
Total parking
2
Details
Additional Parking, Alley Access, Garage Faces Rear, On Street, Oversized, Single Garage Attached

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

Features
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Rooms

RoomLevelSize
Bedroom - PrimaryMain12'8" x 12'1"
BedroomMain11'4" x 8'1"
Kitchen w/ Eating AreaMain12'7" x 12'7"
4pc BathroomMain8'6" x 4'11"
BedroomMain7'9" x 11'2"
DenMain8'9" x 8'3"
OfficeMain11'9" x 13'5"
BedroomBasement9'11" x 12'5"
LaundryBasement8'5" x 6'11"
BedroomBasement12'9" x 8'10"
BedroomBasement12'10" x 10'0"
4pc BathroomBasement6'7" x 5'9"

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$3,281
  • Mortgage $3,281

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 $44,900.

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Listing last updated: Oct 23, 2026, 7:30 p.m.