NEW CALGARY REAL ESTATE LISTINGS, JUST LISTED CALGARY MLS® LISTINGS
268 Madeira Place NE
$565,000
268 Madeira Place NE
Calgary
T2A 5T1
$565,000
Residential
beds: 5
baths: 2.0
1,019 sq. ft.
built: 1978
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2275628
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 1978
- Photos (29)
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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 Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- Yes
- Num Legal Suites:
- 0
- Num Illegal Suites:
- 1
- Home Style:
- Bungalow
- Total Living Area:
- 1,019 sq. ft.
- Below Grade Finished Area:
- 1,008 sq. ft.
- Acreage:
- No
- Lot Area:
- 4,617 sq. ft.
- Lot Frontage:
- 44'
- Front Exposure:
- West
- Levels:
- One
- Total Rooms Above Grade:
- 7
- Year built:
- 1978 (Age: 47)
- Bedrooms:
- 5 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 2
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 7710672
- Heating:
- Forced Air
- Basement:
- Full, Finished, Separate/Exterior Entry
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame, Wood Siding
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- Yes
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached, Heated Garage, Off Street
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- Multiple Locations
- Marlborough Park
- Dishwasher, Microwave, Refrigerator, Stove(s), Washer/Dryer
- n/a
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 17'7" × 13'11"
- Main Floor
- Kitchen
- 9'6" × 9'6"
- Main Floor
- Dining Room
- 9'10" × 7'10"
- Main Floor
- Laundry
- 7'3" × 3'6"
- Main Floor
- Foyer
- 8'8" × 5'1"
- Main Floor
- Bedroom - Primary
- 13'3" × 11'10"
- Main Floor
- Bedroom
- 12'4" × 7'11"
- Main Floor
- Bedroom
- 9'11" × 7'10"
- Basement
- Family Room
- 16'10" × 12'8"
- Basement
- Furnace/Utility Room
- 14'1" × 7'9"
- Basement
- Kitchen
- 10'2" × 7'10"
- Basement
- Laundry
- 10'9" × 5'10"
- Basement
- Bedroom
- 12'9" × 9'5"
- Basement
- Bedroom
- 12'8" × 9'
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4'11" x 9'7"
- Basement
- No
- 4
- 6' x 7'7"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- Quartz Counters
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- None
- Lot Features:
- Back Lane, Back Yard, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone NE
- Zoning:
- R-CG
- Listed Date:
- Dec 19, 2025
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Listed by The Real Estate District
Data was last updated December 30, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $369,850
- Min list price:
- $180,000
- Max list price:
- $738,888
- Avg days on market:
- 42
- Min days on market:
- 6
- Max days on market:
- 170
- Avg price per sq.ft.:
- $337.91
These statistics are generated based on the current listing's property type
and located in
Marlborough Park. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- RENJU KORATH
- THE REAL ESTATE COMPANY LTD.
- 1 (587) 7035665
- Contact by Email
Renju Korath
The Real Estate Company Ltd.
Let's discuss your next home sale or purchase, with no obligation.
11, 5080 - 12A STREET S.E., Calgary, AB T2G 5K9