632 55 Street SE, Calgary, Alberta, T2A 3R6

Investor Alert & Family Gem – Live In, Rent Out, or Flip! Welcome to 632 55 St SE—a spacious and versatile 7-bedroom home that checks every box, whether you’re an investor, first-time buyer, large family, or planning a multi-generational setup. This is your chance to secure a high-potential property in a well-connected and established Calgary neighborhood! Step inside to discover a bright open-concept main floor with updated laminate and tile flooring, a modern layout perfect for entertaining, relaxing, and family life. You’ll find 3 spacious bedrooms and 2 full bathrooms upstairs, drenched in natural light and full of cozy charm. But that’s just the beginning… Income Booster: The fully finished basement features a 3-bedroom illegal suite with a separate entrance, previously rented for $1,800/month—an excellent way to offset your mortgage or build your real estate portfolio. Bonus Room with Income History: The attached garage has been converted into a private room with its own entrance (easily used as a 4th bedroom or office), previously rented for $800/month. Prefer a garage? No problem—it’s an easy conversion back! Zoned R-CG = Future Possibilities: Whether you’re dreaming of building more units, a secondary suite, or just enjoying flexible rental options, this zoning opens exciting doors for development. Enjoy a sunny yard, a charming front porch, mature trees, and a convenient back lane with space to build a brand-new detached garage—more value and parking! Located just steps from schools, Penbrooke Plaza, and minutes from larger shopping hubs. Quick access to 17th Ave, Memorial Drive, Stoney Trail, and Deerfoot makes this home perfectly situated for commuting or attracting tenants. 7 total bedrooms. Separate entrance basement suite. Converted garage bedroom (or easily revert). Zoned R-CG for development. Updated flooring throughout. Strong cash flow potential. Family-friendly layout in a quiet neighborhood. Whether you’re buying your first home, growing your family, or building your rental empire—this versatile gem is bursting with potential. Don’t miss out—book your showing today before someone else snatches this opportunity!