MLS #A2331529 image #0
Excellent investment opportunity in the established community of Fairview! With a reliable tenant already in place on a two-year lease, this extensively updated bungalow offers immediate rental income while providing the security of owning a well-located property with outstanding long-term potential. Offering 6 bedrooms with a private office/flex room and 2 fully renovated bathrooms, this home provides exceptional flexibility for today&#39's investor and future homeowner alike. The updated kitchen features quartz countertops, stainless steel appliances, and ample cabinetry, while luxury vinyl plank flooring and updated tile run throughout the home. The fully developed basement significantly expands the living space, and many of the major improvements have already been completed, including the majority of the windows, updated bathrooms, newer washer and dryer, and a fully redone fence. Outside, you&#39'll appreciate the large fenced backyard with a spacious patio, perfect for enjoying Calgary&#39's summer months. The property also features an attached garage, back lane access, and a generous front parking pad with room for an RV, trailer, or multiple vehicles—offering the kind of flexibility that&#39's increasingly difficult to find in central Calgary. Fairview continues to stand out as one of Calgary&#39's best-value inner-city communities. Just minutes from the Fairview LRT Station, Macleod Trail, Glenmore Trail, Deerfoot Trail, and Blackfoot Trail, commuting anywhere in the city is simple. Everyday conveniences are all within easy reach, including Heritage Meadows, CF Chinook Centre, Costco, grocery stores, restaurants, and popular retailers such as London Drugs, Winners, and HomeSense. Nearby schools, parks, and recreation further enhance the appeal for both tenants and future homeowners. Whether you&#39're looking to add a turnkey rental property to your portfolio, secure a home for future occupancy, or invest in the long-term value of centrally located land, this property offers a rare combination of immediate income, extensive updates, and an exceptional location. As Calgary continues to grow, opportunities to own sizeable lots in established inner-city neighborhoods at an accessible price point are becoming increasingly limited, making this an investment worth considering today and for years to come.
Current real estate data for Single Family in Calgary as of Sep 10, 2026
3,587
Single Family Listed
47
Avg DOM
489
Avg $ / SqFt
$863,691
Avg List Price

Property Details

Price:
$699,000
MLS #:
A2331529
Status:
Active
Beds:
6
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Fairview
Listed Date:
Jul 22, 2026
Finished Sq Ft:
1,240
Lot Size:
5,005 sqft / 0.11 acres (approx)
Year Built:
1959
GarageFairviewFullBack Lane,back Yard,rectangular Lot

Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer, Window Coverings
Basement
Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
Private Entrance, Private Yard
Lot Features
Back Lane, Back Yard, Rectangular Lot
Parking Features
Additional Parking, Alley Access, Garage Faces Rear, On Street, Oversized, Single Garage Attached
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

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Property Summary

    Located in the Fairview subdivision, 52 Fay Road SE Calgary AB is a Single Family for sale in Calgary, AB, T2H 1H4. It is listed for $699,000 and features 6 beds, 2 baths, and has approximately 1,240 square feet of living space, and was originally constructed in 1959. The current price per square foot is $564. The average price per square foot for Single Family listings in Calgary is $489. The average listing price for Single Family in Calgary is $863,691. To schedule a showing of MLS#a2331529 at 52 Fay Road SE in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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