5514 54 Street NE
Calgary, AB, T3J1C6
$499,900
4 Beds
3 Baths
1,127 SqFt
0.08 Acres
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Welcome to this fully renovated gem located in the heart of Falconridge, perfect for first-time buyers, investors, or newcomers to the city. Enjoy incredible convenience with Catholic and junior schools just steps away, along with nearby grocery stores, a commercial plaza, and excellent transit connections.

This home has been completely gutted and thoughtfully upgraded throughout. The upper floor features 3 spacious bedrooms and a modern full bathroom, while the main level offers a bright and inviting living room with large windows, dimmable lighting, and a stylish feature wall. The brand-new kitchen is designed to impress with quartz countertops, dual-tone cabinets, and a seamless flow for everyday living and entertaining. A convenient half bath completes the main level.

The property also includes a fully finished illegal basement suite with its own private entrance, 1 bedroom, a full bathroom, separate laundry, and an open living space — ideal for generating additional rental income or hosting extended family. Currently rented for $1000 + 40% Utilities.

Step outside to a newly built deck and manicured backyard, creating the perfect outdoor retreat for summer gatherings and relaxation.

With rental potential of $2,500+ per month and move-in ready condition, this home is a fantastic opportunity in one of Calgary&#39's most connected communities. Whether you&#39're looking to invest or settle in, don’t miss out — this one won’t last long!

Property Details

Price:
$499,900
MLS #:
A2234327
Status:
Active
Beds:
4
Baths:
3
Address:
5514 54 Street NE
Type:
Single Family
Subtype:
Semi Detached (Half Duplex)
Subdivision:
Falconridge
City:
Calgary
Listed Date:
Jun 27, 2025
Province:
AB
Finished Sq Ft:
1,127
Postal Code:
316
Lot Size:
3,509 sqft / 0.08 acres (approx)
Year Built:
1979
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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer, Washer/ Dryer
Basement
Separate/ Exterior Entry, Finished, Full, Suite
Bathrooms Full
2
Bathrooms Half
1
Laundry Features
In Basement, Main Level

Exterior

Exterior Features
Other
Lot Features
Back Lane, Landscaped, Rectangular Lot
Parking Features
Off Street
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

Map

Community

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5514 54 Street NE
Calgary, AB