Investor Alert! This fantastic 4 level split offers a basement suite fully LEGALIZED through the City of Calgary! It now has it’s own address, 4504R 49 Avenue SW! The current owners participated in the Registered Secondary Suite Program so the suite is now “Grandfathered” as a legalized suite with the City. To legalize the suite, the following work was completed with the appropriate inspections and applicable permits; new smoke tight drywalled ceiling, upgraded new electrical panel, smoke and carbon monoxide detectors interconnected and permanently wired through the electrical panel, furnace room sprinkler system, and parking space requirements met. Located close to Mt Royal, Glenmore Trail, and Signal Hill shopping centre this home is ideal for students and those looking for a quick commute. Nestled on a quiet street, this corner lot home offers 2.5 baths and a total of 5 bedrooms. The upstairs suite includes a bright and sunny living room with beautiful hardwood floors and a wood burning fireplace. The dining room includes views of the yard and flows effortlessly into the kitchen making entertaining a snap. The kitchen includes white cabinets, a white appliance package, including a gas stove, and loads of cabinet space. Just up the stairs you will find three generously sized bedrooms and a 4-pc bath. The primary suite includes a 2-pc bath and plenty of room for extra furniture. The lower suite, freshly painted, includes 1 bedrooms plus den. The den is located on the 3rd level and the bedroom is in the basement. The lower kitchen includes a white appliance package, newly installed hood fan, a pantry for additional storage, and space for a dining table and chairs. The carpeted living room offers a quiet place to unwind after a long day. A 3-pc bath includes handy built-in shelves for additional storage, and a new shower. Shared laundry facilities and a single attached garage can be found on the 3rd level. The partially fenced back yard includes plenty of well-established trees, shrubs and other landscaping. In addition, there is a patio for the basement tenants and a large front deck and patio for the upstairs tenants. Currently both units are rented. Excellent tenants who would like to stay. This home is perfect for those looking to get into the revenue property market!