Diane Richardson

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703 64 Ave SE #130
Calgary, AB T2H 2C3

Cell: 403.397.3706

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724 55 Street SE
Penbrooke Meadows Calgary T2A 3R8

$519,900
Residential beds: 4 baths: 2.0 1,115 sq. ft. built: 1972

Main Photo: 724 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2344840
Photo 1: 724 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2344840
Photo 2: 724 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2344840
Photo 3: 724 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2344840
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Photo 5: 724 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2344840
Photo 6: 724 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2344840
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Photo 50: 724 55 Street SE in Calgary: Penbrooke Meadows Detached for sale : MLS®# A2344840
Status:
Active
Prop. Type:
Residential
MLS® Num:
A2344840
Bedrooms:
4
Bathrooms:
2
Year Built:
1972
Welcome to this EXTENSIVELY RENOVATED BUNGALOW WITH A LEGAL BASEMENT SUITE in the established community of Penbrooke Meadows! Thoughtfully updated throughout, this move-in-ready home offers a bright, modern interior featuring BRAND-NEW WINDOWS THROUGHOUT, fresh paint, and new luxury vinyl plank flooring throughout both the main level and basement. The open-concept main floor provides a bright and functional living space filled with natural light. The updated kitchen features contemporary soft-close cabinetry, while the main level is completed by a large primary bedroom, a second generously sized bedroom, and a fully updated 4-piece bathroom with a tub/shower combination and convenient washer/dryer rough-ins. Downstairs, the LEGAL BASEMENT SUITE continues the modern finishes and offers two additional bedrooms, luxury vinyl plank flooring, soft-close cabinetry, a fully updated 4-piece bathroom, and its own washer/dryer rough-ins, providing excellent flexibility for extended family or rental potential. Major updates include a FURNACE (2025) and HOT WATER TANK (2026), providing added peace of mind for the next owner. Outside, the stucco exterior complements a PRIVATE FENCED YARD with a concrete patio and convenient back lane access. Located in an established, family-friendly community, this is a FANTASTIC OPPORTUNITY to own a beautifully updated home with the added value and versatility of a LEGAL BASEMENT SUITE. Some listing photos have been virtually staged with furniture and décor for visualization purposes. Corresponding unstaged photos are included.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Yes
Num Legal Suites:
1
Num Illegal Suites:
0
Home Style:
Bi-Level
Total Living Area:
1,115.07 sq. ft.
Acreage:
No
Lot Area:
4,994 sq. ft.
Lot Frontage:
50'1½"
Front Exposure:
West
Levels:
Bi-Level
Total Rooms Above Grade:
5
Year built:
1972 (Age: 54)
Bedrooms:
4 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms On Main:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0 (Full:2, Half:0)
Num Ensuite Baths:
0
Plan:
41LK
Heating:
Forced Air
Basement:
Full, Finished, Separate/Exterior Entry
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame, Wood Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Vinyl Plank
Cooling:
None
Fireplaces:
1
Fireplace Details:
Living Room, Stone, Wood Burning
Garage:
No
Parking:
Off Street, Parking Pad, RV Access/Parking
Parking Places:
1
Parking Total/Covered:
1 / -
Laundry Features:
In Basement, Main Level
Southeast
Penbrooke Meadows
Electric Stove, Range Hood, Refrigerator
N/A
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
12'5" × 9'6"
Main Floor
Dining Room
9'6" × 8'11"
Main Floor
Kitchen
14'5" × 11'7"
Main Floor
Laundry
6'1" × 3'6"
Main Floor
Living Room
20'1" × 13'5"
Main Floor
Bedroom - Primary
13'5" × 12'11"
Basement
Other
12'9" × 7'7"
Basement
Bedroom
12'4" × 11'8"
Basement
Bedroom
11'11" × 10'10"
Basement
Game Room
15'11" × 15'6"
Basement
Storage
6'1" × 2'11"
Basement
Furnace/Utility Room
9'2" × 8'3"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4'11" x 8'11"
Basement
No
4
4'11" x 8'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Open Floorplan, Quartz Counters, Separate Entrance, Storage
Exterior Features:
Lighting, Other, Playground, Private Entrance, Private Yard, Storage
Patio And Porch Features:
Other, Patio
Lot Features:
Back Lane, Back Yard, Few Trees, Front Yard, Fruit Trees/Shrub(s), Lawn, Street Lighting
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone E
Zoning:
R-CG
Listed Date:
Sep 12, 2026
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Listed by RE/MAX Complete Realty
Data was last updated September 12, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$448,950
Min list price:
$199,000
Max list price:
$624,900
Avg days on market:
49
Min days on market:
2
Max days on market:
415
Avg price per sq.ft.:
$465.52
These statistics are generated based on the current listing's property type and located in Penbrooke Meadows. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON

Buying or Selling with Calgary MLS® Listings

Calgary MLS® listings may include detached homes, condos, townhomes, semi-detached properties, villas and new-construction homes across a wide range of communities and price points.

Searching current Calgary MLS® listings is an important first step, but each property should also be evaluated for its location, ownership structure, condition, monthly costs, title information and suitability for your plans.

Diane Richardson can help arrange private viewings, gather available property information and assist you in comparing listings based on your preferred communities, budget, property type and possession requirements.

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Reviewing Calgary Homes for Sale

Detached and freehold attached homes should be assessed for their lot, exterior condition, foundation, roofing, windows, mechanical systems and interior improvements. Buyers should review the title, easements, restrictive covenants, property boundaries and real property report where available.

Renovations, additions, decks, garages and basement development should be checked for applicable permits. Basement bedrooms should have appropriate windows or exits, and a separate entrance or additional kitchen does not establish that a secondary suite is legal or approved.

  • Compare the asking price with similar active listings and recent sales.
  • Distinguish above-grade living space from basement development.
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  • Consider an appropriate professional inspection before removing applicable conditions.

Reviewing Calgary Condos and Townhomes

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A low condominium fee does not necessarily indicate lower long-term ownership costs. Buyers should also examine reserve funding, deferred maintenance, building insurance and planned capital work.

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New-home pricing should be reviewed carefully to determine what is included in the advertised amount. The final cost may be affected by the lot, upgrades, appliances, window coverings, landscaping, fencing, decks, legal fees and possession adjustments.

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