Jerry Charlton Real Estate
Jerry Charlton, REALTOR®eXp Realty
Call 403 831 0842

52 Fay Road SE, Calgary, AB T2H 1H4

$699,000
Bungalow Detached in Fairview · MLS® A2331529
Size1,240 sq ftAbove grade
Beds3 + 3Above + below grade
Baths2 full
BasementFull, Finished
ParkingAdditional Parking, Alley Access, Garage Faces Rear, On Street, Oversized, Single Garage Attached
Year built1959
Days on market88
Listed by RE/MAX House of Real Estate, who represents the seller, not buyers.

Monthly cost to own

Mortgage payment$3,186/mo$559,200 loan · 4.79% 5-yr fixed · 25 yr
Tax + condo fee$350/mo$350 tax
Total monthly$3,536/mo$139,800 down (20%) · excludes insurance, utilities

Price check

Price / sq ft$564
vs. Fairview detached homes sold2% above ($554/sq ft)
OccupancyTenant

About this property

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'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'll appreciate the large fenced backyard with a spacious patio, perfect for enjoying Calgary'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's increasingly difficult to find in central Calgary. Fairview continues to stand out as one of Calgary'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'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.

Detached homes sold in Fairview, last 12 months

Sold53
Median price$616,000
Median $ / sq ft$554
Median days on market15

Sold prices, trends and days on market: Fairview Calgary real estate.

Own a home in Fairview? Get a free home evaluation based on these sales.

Location