New Listing
$649,900
 $3,489 est/mo Sourced by Back At You

16 Mckenna Place SE,Calgary, AB T2Z1Y7

Calgary, AB T2Z1Y7

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Description

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 i n 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! (id:13843)

Details

MLS #A2352428
Listing TypeFor Sale
StyleHouse
StatusActive
Year1987
Days On Site6
Listing Provided ByRE/MAX Complete Realty | Michael Hassel

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet1,255
Garage1
BasementY
ZoningR-C1
Acreage0.10
Golf CourseYes

Interior

CoolingNone
HeatingForced air
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

Lot FeaturesCul-de-sac, See remarks, Back lane
Construction MaterialsWood frame
Foundation DetailsPoured Concrete
FencingFence

Parking

Parking FeaturesDetached Garage
Parking Total1

Taxes

Tax Annual Amount4206
Tax Block10
Tax Lot22
Tax Year2026

Area Information

ProvinceAB
CityCalgary
Postal CodeT2Z1Y7
Community NameMcKenzie Lake
Listing VS Median (in McKenzie Lake)
Price:
$649,900
low | high
Med:
$599,900
57.693491306355% of Average
sqft:
1,255
low | high
Med:
1,502
30.318725099602% of Average
$ / sqft:
$518
low | high
Med:
$399
72.873056983672% of Average
On site:
6
low | high
Med:
129
4.651162790698% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityCalgary
Postal CodeT2Z1Y7
Community NameMcKenzie Lake
Listing VS Median (in McKenzie Lake)
Price:
$649,900
low | high
Med:
$599,900
57.693491306355% of Average
sqft:
1,255
low | high
Med:
1,502
30.318725099602% of Average
$ / sqft:
$518
low | high
Med:
$399
72.873056983672% of Average
On site:
6
low | high
Med:
129
4.651162790698% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $487K - $812K
sqft: 941 - 1,500
Nearby Listings Property ImageNearby Listings Details
20 McKinley Road SE Property Photo 1
$549,900
20 Mckinley Road Se
Calgary, AB T2Z1T6
Listing Updated: October 26, 2026 at 12:42:15 AM PDT