214 Erin CIR SE new

Calgary,AB T3B3H8

$ 579000

5 Beds

4 Baths

1589 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1589.68

Square Footage 1,589 sqft

Price per Sqft $364

Subdivision Erin Woods

MLS Listing ID A2235682

Style 4 Level Split

Bedrooms 5

Full Baths 4

Year Built 1997

Lot Size 3,484 Sqft

Property Sub-Type Detached

Property Description

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.

Location

Province AB

County 0046

Community Park,Playground,Schools Nearby,Shopping Nearby

Zoning R-CG

Interior

Heating Forced Air,Natural Gas

Cooling None

Flooring Ceramic Tile,Laminate,Vinyl Plank

Fireplaces Number 2

Fireplaces Type Gas

Laundry Common Area,In Basement,In Unit,Lower Level,Main Level,See Remarks

Exterior

Exterior Feature Private Entrance,Private Yard

Parking Features Alley Access,Off Street,Parking Pad,Unpaved

Fence Fenced

Community Features Park,Playground,Schools Nearby,Shopping Nearby

Roof Type Asphalt Shingle

Building

Lot Description Back Yard,See Remarks

Dwelling Type House

Foundation Poured Concrete

New Construction No

Others

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