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Data was last updated 2025-07-21 at 18:00:06 GMT
$579,000

214 Erin Circle SE   Calgary, Alberta

MLS®: A2235682
URL:    
INVESTMENT OPPORTUNITY ? CASH-FLOWING LEGAL SUITE + STRONG TENANTS LOCKED IN UNTIL 2026! Welcome to a turnkey investment property in the heart of Erin Woods SE, Calgary ? offering over 1500 sqft of functional living space above grade with a legally suited walkout basement and stable rental income of $3,400/month until Spring 2026. Ideal for investors seeking immediate returns, this 4-level split home features 5 spacious bedrooms, 4 full bathrooms, and two separate laundry areas, all with quality finishes and thoughtful updates. Whether you're a seasoned investor or entering the market, this property delivers both performance and peace of mind. TENANT DETAILS & RENTAL INCOME: Main Floor Unit: Rented at $1,900/month + 60% of utilities until March 31, 2026 Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026 Combined Income: $3,400/month + utilities Average Utility Range: $250?$350/month (summer) and $350?$450/month (winter), split between units PROPERTY FEATURES: Fully legalized walkout basement suite (2022) with private entrance, 2 bedrooms, 2 bathrooms, modern kitchen w/ central island, gas fireplace, and a private south-facing deck Main level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. place Upper floor includes a spacious primary suite with a walk-in closet and an ensuite, plus 2 additional bedrooms and another full bath. Separate laundry areas for main and basement suites Recent upgrades include: ? New appliances (2023?2024) ? New furnace and hot water tank (2022) ? Legalization of basement suite (2022) PRIME LOCATION: Quiet street in central Erin Woods SE Quick access to Stoney Trail, Deerfoot Trail, and downtown Calgary Minutes to schools, shopping, parks, and Calgary?s industrial hub Rear parking pad for 2 vehicles + ample street parking in front Whether you're looking to grow your real estate portfolio or house hack with rental support, this property checks all the boxes: legal suite, long-term tenants, low vacancy risk, and strong cash flow. Don?t miss this rare opportunity to secure a high-performing investment property in Calgary?s rental market.
INVESTMENT OPPORTUNITY ? CASH-FLOWING LEGAL SUITE + STRONG TENANTS LOCKED IN UNTIL 2026! Welcome to a turnkey investment property in the heart of Erin Woods SE, Calgary ? offering over 1500 sqft of functional living space above grade with a legally suited walkout basement and stable rental income of $3,400/month until Spring 2026. Ideal for investors seeking immediate returns, this 4-level split home features 5 spacious bedrooms, 4 full bathrooms, and two separate laundry areas, all with quality finishes and thoughtful updates. Whether you're a seasoned investor or entering the market, this property delivers both performance and peace of mind. TENANT DETAILS & RENTAL INCOME: Main Floor Unit: Rented at $1,900/month + 60% of utilities until March 31, 2026 Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026 Combined Income: $3,400/month + utilities Average Utility Range: $250?$350/month (summer) and $350?$450/month (winter), split between units PROPERTY FEATURES: Fully legalized walkout basement suite (2022) with private entrance, 2 bedrooms, 2 bathrooms, modern kitchen w/ central island, gas fireplace, and a private south-facing deck Main level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. place Upper floor includes a spacious primary suite with a walk-in closet and an ensuite, plus 2 additional bedrooms and another full bath. Separate laundry areas for main and basement suites Recent upgrades include: ? New appliances (2023?2024) ? New furnace and hot water tank (2022) ? Legalization of basement suite (2022) PRIME LOCATION: Quiet street in central Erin Woods SE Quick access to Stoney Trail, Deerfoot Trail, and downtown Calgary Minutes to schools, shopping, parks, and Calgary?s industrial hub Rear parking pad for 2 vehicles + ample street parking in front Whether you're looking to grow your real estate portfolio or house hack with rental support, this property checks all the boxes: legal suite, long-term tenants, low vacancy risk, and strong cash flow. Don?t miss this rare opportunity to secure a high-performing investment property in Calgary?s rental market.

Listing Information

Prop. Type:
Detached
Property Style:
4 Level Split
Status:
Active
City:
Calgary
Bedrooms:
5
Full Bathrooms:
4
Neighbourhood:
Erin Woods
Area:
Calgary
Province:
Alberta
MLS® Number:
A2235682
Listing Price:
$579,000

General Information

Year Built:
1997
Total Square Feet:
1590ft2

Additional Information

Basement Dev:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grad
Parking:
Alley Access, Off Street, Parking Pad, Unpaved

VIP-Only Information

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This property is listed by Urban-Realty.ca and provided here courtesy of Sam Baker. For more information or to schedule a viewing please contact Sam Baker.
Sam Baker
Re/Max House of Real Esate
Phone: 403287-3880
Mobile Phone: 403-999-9279
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Sam Baker, licensed REALTOR® in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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