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MaxWell Capital RealtyMember brokerage · Calgary AB
Jerry ThaiREALTOR®
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Last updated
October 22, 20269:40 p.m. MDT
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  1. Listings
  2. /
  3. Mckenzie Lake
  4. /
  5. 16 Mckenna Place SE, McKenzie Lake

About this home

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!

Tour & video

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Room dimensions

Main

3pc Ensuite bath
5`0" × 8`0"~40 sq ft
4pc Bathroom
5`1" × 8`2"~42 sq ft
Bedroom
9`3" × 10`0"~93 sq ft
Bedroom
9`2" × 15`4"~141 sq ft
Breakfast Nook
15`1" × 7`10"~118 sq ft
Dining Room
12`0" × 8`7"~103 sq ft
Kitchen
12`0" × 9`3"~111 sq ft
Living Room
11`9" × 16`8"~196 sq ft
Bedroom - Primary
12`7" × 16`4"~206 sq ft

Basement

4pc Bathroom
8`5" × 6`1"~51 sq ft
Bedroom
11`2" × 10`6"~117 sq ft
Bedroom
8`10" × 13`10"~122 sq ft
Kitchen
10`11" × 16`1"~176 sq ft
Laundry
16`4" × 13`5"~219 sq ft

Specifications

Year built1987
Lot size4,499 sq ft
HeatingForced Air
StyleBi-Level
Parking1-car garage
BasementFull

Heating & Cooling

Heating
Forced Air
A/C
None

Interior

Flooring
Carpet · Ceramic Tile · Laminate
Fireplaces
1
Basement
Full · Finished · None

Appliances included

Appliances
Dishwasher · Dryer · Electric Stove · Microwave Hood Fan · Refrigerator · Washer · Window Coverings

Location and Community

About Mckenzie Lake →

Median ask
$642,000
Homes for sale
18
Price range
$475,000 – $1,790,000

More in Mckenzie Lake

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    14954 Mt Mckenzie Drive SE

    $585,000

    3 bed · 2 + 2 bath · 1,516 sq ft

  • 237 Mt Aberdeen Circle SE — listing photo

    McKenzie Lake

    237 Mt Aberdeen Circle SE

    $475,000

    3 bed · 1 + 1 bath · 1,175 sq ft

  • 302 Mt Mckenzie Gardens SE — listing photo

    McKenzie Lake

    302 Mt Mckenzie Gardens SE

    $499,900

    2 bed · 2 + 1 bath · 1,368 sq ft

Registered-client data

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Book a viewing
Game Room
11`2" × 12`0"~134 sq ft
Storage
7`7" × 8`11"~68 sq ft
Furnace/Utility Room
8`8" × 5`6"~48 sq ft

Construction

Exterior
Vinyl Siding · Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete

Parking

Garage
1
Parking
1

Outdoor & Extras

Patio
Deck

Zoning

Zoning
R-C1

Lot

Lot size
4,499 sq ft
Acreage
0.1 ac
Frontage
45.08 ft
Lot features
Back Lane · Back Yard · Cul-De-Sac
Legal description
8110325;10;22
Tax lot
22

16 Mckenna Place SE

McKenzie Lake · Calgary · T2Z 1Y7

Beds
3 + 2
Baths
3
Sq ft
1,255
Built
1987
Type
Detached
Style
Bi-Level
$649,900
  • $518 / sq ft
  • $4,206/yr property tax

Est. Mortgage

$3,686/mo

25-yr · 6.2% down · 4.99%

Estimate only — not a mortgage offer.

Open House

  • October 25, 2026 · 2:30 p.m. – 4:30 p.m.
Book a viewing
MLS® A2352428 · Listed October 20, 2026 · 2 days on market · Listed by RE/MAX Complete Realty