268 Madeira Place NE
Calgary, AB, T2A5T1
$559,000
5 Beds
2 Baths
1,019 SqFt
0.11 Acres
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Well-maintained detached bungalow offering flexible use for investors or future owner-occupants. The main floor features three bedrooms, while the lower level includes a two-bedroom basement suite with a separate entrance. Recent basement updates include new egress windows, vinyl plank flooring, baseboards, and fresh paint.

The property is currently rented month-to-month with rents of $1,700 for the main floor, $1,300 for the basement, and $400 for the oversized heated double garage, providing multiple income streams. Tenants are scheduled to vacate February 15, unless a purchaser wishes to assume them under a new lease.

Additional highlights include a fenced yard, back lane access, heated garage, and a quiet residential location close to transit, schools, shopping, and major roadways. A versatile opportunity offering income today with future flexibility.

Property Details

Price:
$559,000
MLS #:
A2277518
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Marlborough Park
Listed Date:
Jan 7, 2026
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 22, 2026
2,078
Single Family Listed
60
Avg DOM
468
Avg $ / SqFt
$825,453
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 $559,000 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 $549. The average price per square foot for Single Family listings in Calgary is $468. The average listing price for Single Family in Calgary is $825,453. To schedule a showing of MLS#a2277518 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