ActivePrice reduced

$509,900

724 55 Street SEPenbrooke Meadows, Calgary, AB T2A 3R8

  • 4 beds
  • 2 baths
  • 1,115 sq ft
  • Detached

Listing courtesy of RE/MAX Complete Realty · MLS® A2349921

About this home

Welcome to this EXTENSIVELY RENOVATED BUNGALOW WITH A LEGAL BASEMENT SUITE in the established community of Penbrooke Meadows! Thoughtfully updated throughout, this move-in-ready home offers a bright, modern interior featuring BRAND-NEW WINDOWS THROUGHOUT, fresh paint, and new luxury vinyl plank flooring throughout both the main level and basement. The open-concept main floor provides a bright and functional living space filled with natural light. The updated kitchen features contemporary soft-close cabinetry, while the main level is completed by a large primary bedroom, a second generously sized bedroom, and a fully updated 4-piece bathroom with a tub/shower combination and convenient washer/dryer rough-ins. Downstairs, the LEGAL BASEMENT SUITE continues the modern finishes and offers two additional bedrooms, luxury vinyl plank flooring, soft-close cabinetry, a fully updated 4-piece bathroom, and its own washer/dryer rough-ins, providing excellent flexibility for extended family or rental potential. Major updates include a FURNACE (2025) and HOT WATER TANK (2026), providing added peace of mind for the next owner. Outside, the stucco exterior complements a PRIVATE FENCED YARD with a concrete patio and convenient back lane access. Located in an established, family-friendly community, this is a FANTASTIC OPPORTUNITY to own a beautifully updated home with the added value and versatility of a LEGAL BASEMENT SUITE. Some listing photos have been virtually staged with furniture and décor for visualization purposes. Corresponding unstaged photos are included.

Key facts

Type
Detached
Style
Bi-Level
Year built
1972
Living area
1,115 sq ft
Lot
4,994 sq ft
Bedrooms
4 (2 above grade, 2 below)
Bathrooms
2 full
Basement
Full, Finished
Parking
Off Street, 1 spaces total
Price per sq ft
$457
Days on market
8
Listed
October 2, 2026
Community
Penbrooke Meadows
Municipality
Calgary

Features

Interior

Features
Open Floorplan, Quartz Counters, Separate Entrance, Storage
Appliances
Electric Stove, Range Hood, Refrigerator
Flooring
Vinyl Plank
Heating
Forced Air
Fireplaces
1 (Living Room, Stone, Wood Burning)
Laundry
In Basement, Main Level
Basement features
Separate/Exterior Entry
Included
N/A

Suite

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

Building

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

Exterior & lot

Exterior
Lighting, Other, Playground, Private Entrance, Private Yard, Storage
Lot
Back Lane, Back Yard, Few Trees, Front Yard, Fruit Trees/Shrub(s), Lawn, Street Lighting
Patio / porch
Other, Patio
Fencing
Fenced
Front faces
W
Lot size
4,994 sq ft
Zoning
R-CG

Parking

Total parking
1
Details
Off Street, Parking Pad, RV Access/Parking

Condo / HOA

Restrictions
None Known
Ownership
Not a Condo

Land & rural

Title
Fee Simple

Community

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

Rooms

RoomLevelSize
4pc BathroomMain8'11" x 4'11"
BedroomMain12'5" x 9'6"
Dining RoomMain8'11" x 9'6"
KitchenMain14'5" x 11'7"
LaundryMain3'6" x 6'1"
Living RoomMain13'5" x 20'1"
Bedroom - PrimaryMain13'5" x 12'11"
4pc BathroomBasement8'7" x 4'11"
OtherBasement7'7" x 12'9"
BedroomBasement11'8" x 12'4"
BedroomBasement11'11" x 10'10"
Game RoomBasement15'11" x 15'6"
StorageBasement2'11" x 6'1"
Furnace/Utility RoomBasement9'2" x 8'3"

Location

Open in Google Maps ↗

Monthly cost estimate

Estimated monthly payment$2,393
  • Mortgage $2,393

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 $25,990.

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Listing last updated: Oct 8, 2026, 11:45 p.m.