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16 Mckenna Place SE
homes for sale · Calgary · McKenzie Lake
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$649,900

16 Mckenna Place SE

McKenzie Lake, Calgary · MLS® A2352428

531

1,255 sq ft · 418 m² lot · House · Single Family · built 1987 · 4 days on market

listed by Michael Hassel, RE/MAX Complete Realty

realtor's description

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 i n 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!

property details

type
House, Single Family
bedrooms
5
bathrooms
3
living area
1,255 sq ft
lot
418 m²
parking
1
year built
1987
property tax
$4,206 / yr
days on market
4
MLS®
A2352428

features

  • Cul-de-sac
  • See remarks
  • Back lane
  • Golf Course Development
  • Lake Privileges
  • Washer

monthly cost

$3,182/mo
Mortgage $2,832 · Tax $351

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$2,832/ monthly
loan $519,920
25-year amortization
total interest
$329,546
land title fees
$1,270
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$131,250
down + land title fees
total paid
$849,466

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

McKenzie Lake, CalgaryGoogle Maps ↗

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE McKenzie Lake School617 m
  • Middle · CBE McKenzie Highlands School1.6 km
  • Secondary · CBE Joane Cardinal-Schubert High School3.8 km
  • Elementary · Catholic St. John Henry Newman School775 m
  • Secondary · Catholic All Saints School5.4 km

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Michael Hassel
RE/MAX Complete Realty
call Michael · 587-893-7653
Powered by: REALTOR.ca
▶ virtual tour

similar homes nearby

city assessment

$632,500

2026 assessment · market value as of July 1, 2025

  • Up 3.7% from $610,000 in 2025
  • $398,500 in 2016 (59% over ten years)
  • Asking price is 3% above the assessment
  • Built 1987
  • Lot 418 m² (4,495 sq ft)
roll yearassessed
2026$632,500
2025$610,000
2024$523,500
2023$461,500
2022$409,000
2021$374,500
2020$377,500
2019$400,000

From City of Calgary open data (property assessments), matched to 16 MCKENNA PL SE. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $4,206 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $4,206 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

location

McKenzie Lake, CalgaryGoogle Maps ↗
Drive times
  • McKenzie Lake3 min
  • South Health Campus10 min
  • Centennial High10 min
  • St. Mary's University12 min
  • Downtown Calgary27 min
  • YYC airport33 min
33

Walkability 33/100 · Mostly by car

Within a 10 minute walk: 1 place to eat or drink, 7 parks and playgrounds, 1 school, 1 pharmacy, 11 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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