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214 Erin Circle Se Calgary, Alberta T3B 3H8

$579,000

MLS® Number: A2235682 Bedrooms: 5 Bathrooms: 4 Square Footage: 1590 sqft Community: Erin Woods
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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, 2026Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026Combined Income: $3,400/month + utilitiesAverage Utility Range: $250–$350/month (summer) and $350–$450/month (winter), split between unitsPROPERTY 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 deckMain level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. placeUpper 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 suitesRecent 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 SEQuick access to Stoney Trail, Deerfoot Trail, and downtown CalgaryMinutes to schools, shopping, parks, and Calgary’s industrial hubRear parking pad for 2 vehicles + ample street parking in frontWhether you're looking to grow your real estate portfolio or house hack with rental support, this property c hecks 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. (id:37074)

Property Features

Style: 4 Level Fireplace: Fireplace Cooling: None Heating: Forced Air

Property Details

MLS® Number A2235682
Property Type Single Family
Neigbourhood Erin Woods
Community Name Erin Woods
Amenities Near By Park, Playground, Schools, Shopping
Features See Remarks
Parking Space Total 2
Plan 9510134
Structure Deck

Parking

Other
Parking Pad

Building

Bathroom Total 4
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Architectural Style 4 Level
Basement Development Finished
Basement Features Separate Entrance, Walk Out, Suite
Basement Type Full (finished)
Constructed Date 1997
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Vinyl Siding
Fireplace Present Yes
Fireplace Total 2
Flooring Type Ceramic Tile, Laminate, Vinyl Plank
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,590 Ft2
Total Finished Area 1589.68 Sqft
Type House

Rooms

Level Type Dimensions
Second Level 4pc Bathroom 7.58 Ft x 5.08 Ft
Second Level 4pc Bathroom 5.25 Ft x 7.67 Ft
Second Level Bedroom 9.58 Ft x 11.25 Ft
Second Level Bedroom 9.50 Ft x 11.33 Ft
Second Level Primary Bedroom 11.25 Ft x 11.67 Ft
Lower Level 3pc Bathroom 7.58 Ft x 5.00 Ft
Lower Level Dining Room 7.33 Ft x 5.92 Ft
Lower Level Family Room 13.75 Ft x 13.83 Ft
Lower Level Kitchen 7.33 Ft x 11.00 Ft
Lower Level 4pc Bathroom 7.17 Ft x 5.00 Ft
Lower Level Bedroom 9.00 Ft x 8.75 Ft
Lower Level Bedroom 11.00 Ft x 15.00 Ft
Lower Level Furnace 7.17 Ft x 5.17 Ft
Main Level Dining Room 9.58 Ft x 8.92 Ft
Main Level Kitchen 11.58 Ft x 11.42 Ft
Main Level Living Room 16.83 Ft x 16.17 Ft

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping
Size Depth 33.49 M
Size Frontage 9.14 M
Size Irregular 306.00
Size Total 306 M2|0-4,050 Sqft
Size Total Text 306 M2|0-4,050 Sqft
Zoning Description R-cg

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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. 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. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.

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