INCREDIBLE REVENUE PROPERTY IN MCKENZIE LAKE! YES LAKE ACCESS!!Generate $3,800 per month in rental income or live upstairs and rent out the lower level to help pay your mortgage! INVESTORS AND HOMEOWNERS, THIS IS AN OPPORTUNITY YOU DON'T WANT TO MISS!
Welcome to the vibrant, family-friendly community of McKenzie Lake! This spacious, fully developed 5-bedroom bi-level home offers incredible versatility, recent upgrades, and excellent income potential, all situated in a quiet cul-de-sac within walking distance of schools and the lake.
Currently generating $3,800 per month in rental income ($45,600 annually), with the upper level renting for $2,300/month and the lower level for $1,500/month. Both tenants are wonderful, would love to stay, and offer an attractive opportunity for investors seeking an income-producing property.
"Alternatively, move into the upper level and continue renting the basement to help offset your monthly mortgage payments!"
Step inside to discover a bright, spacious floor plan featuring vaulted ceilings, a welcoming living room with a cozy wood-burning fireplace, and a generous dining area. The beautifully updated kitchen showcases granite countertops, newer appliances, and a spacious breakfast nook overlooking the private backyard.
The main level features three generously sized bedrooms, including a primary suite with a private 3-piece ensuite, along with an updated 4-piece main bathroom.
The fully developed lower level offers two additional spacious bedrooms, a large recreation/living area, laundry facilities, ample storage, and a rough-in for a future bathroom, providing plenty of room and flexibility.
Numerous recent improvements include updated flooring, fresh paint, renovated kitchen and bathrooms, granite countertops, newer appliances, updated lighting, and closet doors.
Outside, enjoy a fully fenced and landscaped yard with mature trees for privacy, a raised deck perfect for entertaining, and an oversized heated single garage.
Located in the highly desirable lake community of McKenzie Lake, you'll appreciate nearby schools, parks, pathways, shopping, and easy access to major roadways.
THREE GREAT REASONS TO BUY:
INVEST: Keep both tenants and enjoy $3,800/month in existing rental income.
LIVE & EARN: Make the upper level your home while collecting $1,500/month from the basement.
PLAN FOR THE FUTURE: Secure a spacious 5-bedroom home in an established, sought-after Calgary community.
Great location. Great tenants. Great income potential.
Whether you're an investor looking to grow your portfolio or a homeowner wanting help with your mortgage, this McKenzie Lake property delivers outstanding possibilities.
Don't miss this opportunity — book your private showing today!
Data was last updated October 20, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$604,900
Min list price:
$440,000
Max list price:
$1,790,000
Avg days on market:
33
Min days on market:
5
Max days on market:
123
Avg price per sq.ft.:
$443.25
These statistics are generated based on the current listing's property type
and located in
McKenzie Lake. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.