214 Erin Circle SE, Calgary, Alberta, T3B3H8
214 Erin Circle SE, Calgary, Alberta, T3B3H8
Erin Woods, Calgary
- $579,000
- $579,000
- A2235682
- 5
- 4
- 1589.68
- 0.08
- 1997
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.
Property Details
-
Property Type Detached, Residential
-
MLS Number A2235682
-
Property Size 1589.68 sqft
-
Bedrooms 5
-
Bathrooms 4
-
Year Built 1997
-
Property Status Active
-
Parking 2
-
Brokerage name URBAN-REALTY.ca
Features & Amenities
- 4 Level Split
- Alley Access
- Asphalt Shingle
- Deck
- Dishwasher
- Dryer
- Electric Stove
- Finished
- Forced Air
- Front Porch
- Full
- Gas
- Jetted Tub
- Natural Gas
- Off Street
- Pantry
- Park
- Parking Pad
- Playground
- Private Entrance
- Private Yard
- Range Hood
- Refrigerator
- Schools Nearby
- Separate Entrance
- Separate Exterior Entry
- Shopping Nearby
- Skylight s
- Suite
- Unpaved
- Walk-Out To Grade
- Washer
- Window Coverings
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