268 Madeira Place NE
Calgary, AB, T2A5T1
$565,000
5 Beds
2 Baths
1,019 SqFt
0.11 Acres
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Fully rented revenue property with recent updates and strong rental demand. The main floor offers 3 bedrooms, while the lower level features a 2-bedroom basement suite with a separate entrance. Recent basement improvements include new egress windows, vinyl plank flooring, new baseboards, and fresh paint, creating a bright and functional living space.

The property is fully leased on a month-to-month basis with current rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the oversized double heated detached garage, providing strong and diversified income.

Additional features include a fenced yard, separate basement access, and a heated garage generating supplemental revenue. Situated on a quiet residential street with convenient access to transit, schools, shopping, and major roadways. A well-maintained, turn-key investment with reliable cash flow already in place.

Property Details

Price:
$565,000
MLS #:
A2275628
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Marlborough Park
Listed Date:
Dec 20, 2025
Finished Sq Ft:
1,019
Lot Size:
4,617 sqft / 0.11 acres (approx)
Year Built:
1978
Marlborough ParkFullBack Lane,back Yard,rectangular Lot

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Schools

Interior

Appliances
Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer
Basement
Full
Bathrooms Full
2
Laundry Features
Multiple Locations

Exterior

Exterior Features
Private Yard
Lot Features
Back Lane, Back Yard, Rectangular Lot
Parking Features
Double Garage Detached, Heated Garage, Off Street
Parking Total
2
Patio And Porch Features
None
Roof
Asphalt Shingle

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Jan 01, 2026
2,450
Single Family Listed
66
Avg DOM
465
Avg $ / SqFt
$806,737
Avg List Price

Property Summary

    Located in the Marlborough Park subdivision, 268 Madeira Place NE Calgary AB is a Single Family for sale in Calgary, AB, T2A5T1. It is listed for $565,000 and features 5 beds, 2 baths, and has approximately 1,019 square feet of living space, and was originally constructed in 1978. The current price per square foot is $554. The average price per square foot for Single Family listings in Calgary is $465. The average listing price for Single Family in Calgary is $806,737. To schedule a showing of MLS#a2275628 at 268 Madeira Place NE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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268 Madeira Place NE
Calgary, AB