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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&#39're a seasoned investor or entering the market, this property delivers both performance and peace of mind.

TENANT DETAILS &#38' RENTAL INCOME:
Main Floor Unit: Rented at $1,900/month + 60% of utilities until March 31, 2026
Legal Basement Suite: Rented at $1,500/month + 40% of utilities until April 30, 2026
Combined Income: $3,400/month + utilities
Average Utility Range: $250–$350/month (summer) and $350–$450/month (winter), split between units

PROPERTY 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 deck
Main level offers vaulted ceilings, maple cabinets, large windows, skylights, and a cozy living room w/ withiver rock gas fire. place
Upper 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 suites
Recent 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 SE
Quick access to Stoney Trail, Deerfoot Trail, and downtown Calgary
Minutes to schools, shopping, parks, and Calgary’s industrial hub
Rear parking pad for 2 vehicles + ample street parking in front

Whether you&#39're looking to grow your real estate portfolio or house hack with rental support, this property checks 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.
Current real estate data for Single Family in Calgary as of Jul 26, 2025
4,318
Single Family Listed
40
Avg DOM
482
Avg $ / SqFt
$834,200
Avg List Price

Property Details

Price:
$579,000
MLS #:
A2235682
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Erin Woods
Listed Date:
Jul 3, 2025
Finished Sq Ft:
1,589
Lot Size:
3,485 sqft / 0.08 acres (approx)
Year Built:
1997
Erin WoodsSeparate/exterior EntryFinishedFullSuiteWalk-out To GradeBack YardSee Remarks

Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings
Basement
Separate/ Exterior Entry, Finished, Full, Suite, Walk- Out To Grade
Bathrooms Full
4
Laundry Features
Common Area, In Basement, In Unit, Lower Level, Main Level, See Remarks

Exterior

Exterior Features
Private Entrance, Private Yard
Lot Features
Back Yard, See Remarks
Parking Features
Alley Access, Off Street, Parking Pad, Unpaved
Parking Total
2
Patio And Porch Features
Deck, Front Porch
Roof
Asphalt Shingle

Financial

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Subdivisions in Calgary

Property Summary

    Located in the Erin Woods subdivision, 214 Erin Circle SE Calgary AB is a Single Family for sale in Calgary, AB, T3B3H8. It is listed for $579,000 and features 5 beds, 4 baths, and has approximately 1,589 square feet of living space, and was originally constructed in 1997. The current price per square foot is $364. The average price per square foot for Single Family listings in Calgary is $482. The average listing price for Single Family in Calgary is $834,200. To schedule a showing of MLS#a2235682 at 214 Erin Circle SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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