CalgaryListings Insight 512 Malvern Drive NE is a 3-bedroom home in the community of Marlborough Park, built in 1976, offering 3.5 bathrooms and 1,123 sq ft of living space above grade. Standout details include a fully finished basement with a separate entrance, a triple garage, and tile flooring. Before writing, ask about recent comparable sales, inspection items, permits, basement development, and long-term resale fit. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. MLS® A2343216.
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Complete peace of mind and exceptional revenue potential come together in this newly renovated Marlborough Park investment opportunity. The main floor features a spacious, freshly updated 3-bedroom, 1.5-bathroom layout boasting durable laminate flooring and a bright, functional kitchen complete with granite countertops and stainless steel appliances. Downstairs, the fully legal 2-bedroom, 1-bathroom basement suite shines with modern updates, featuring an independent entrance, newer cabinetry, stylish quartz countertops, and a brand-new 2026 refrigerator. Massive mechanical updates protect your bottom line, including a newly installed 2025 furnace and a 2026 hot water tank. Both units share a common laundry area for ultimate convenience. The exterior provides exceptional parking flexibility, anchored by a rare triple-car garage and an additional parking pad. Whether you are looking to add a turnkey asset to your portfolio, occupy one level while generating rental income, or secure a property with built-in revenue potential, this versatile home checks all the boxes. Book your showing today.
Listing data provided via MLS®. Not intended to solicit buyers or sellers already under contract.
Property History
No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.
What did similar homes here actually sell for?
Calgary Listings Group clients see recent sold prices and sale-to-list ratios for homes just like this one — plus smart matches and one-tap showing requests. Free with your client portal account.
Time on marketOn the market 46 days. Detached homes that sold in Marlborough Park over October 2025 – September 2026 averaged 34 days.
Price per sq ft$533 per sq ft above grade at asking, about 7% above the $499 per sq ft median across 15 comparable active detached homes in Marlborough Park.
Worked out from this MLS® record, our published community data and the other active listings in Marlborough Park. Asking prices only; individual sold prices stay members-only under Alberta VOW rules.
Where this price sits in Marlborough Park
Asking $599,000. That is about 8% above the $552,500 median sale price for detached homes in Marlborough Park over October 2025 – September 2026, across 54 recorded sales. Those sales took 34 days on the market on average. Across all home types, sellers in Marlborough Park got 98.1% of their asking price on average and the community was carrying 3.4 months of supply.
Aggregate MLS® statistics from our own published dataset (community medians, methodology). Medians are not adjusted for size, age or condition, and individual sold prices stay members-only under Alberta VOW rules.
Schools near this home
Marlborough SchoolPublic (CBE) · Elementary · 1.1 km · about 3 mins by carSchool website
Bob Edwards SchoolPublic (CBE) · Elementary/Junior High · 1.4 km · about 4 mins by carSchool website
Lester B. Pearson High SchoolPublic (CBE) · Senior High · 2.3 km · about 6 mins by carSchool website
Father Lacombe High SchoolCatholic (CCSD) · about 7 mins by carSchool website
Distances and drive times are measured from the centre of Marlborough Park, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.
Commute from Marlborough Park
Destination
By car
By transit
Downtown Calgary
16 mins
50 mins
University of Calgary
21 mins
1 hour 16 mins
Foothills Medical Centre
21 mins
1 hour 12 mins
Mount Royal University
21 mins
1 hour 5 mins
Calgary International Airport
16 mins
59 mins
Westside Recreation Centre
27 mins
1 hour 15 mins
Off-peak estimates measured from the centre of Marlborough Park, not from this address. Live traffic varies.
Who lives in Marlborough Park
8,290Population
2.9Average household size
75%Owner-occupied households
$81KMedian household income
18%Residents aged 0–14
2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Marlborough Park census profile →
Questions about this home
Is 512 Malvern Drive NE for sale?
Yes. 512 Malvern Drive NE in Marlborough Park is an active MLS® listing (MLS® A2343216). It has been on the market 46 days. Listing data last updated 2026-10-23.
What is the asking price of 512 Malvern Drive NE?
512 Malvern Drive NE in Marlborough Park is listed at $599,000.
How many bedrooms and bathrooms does 512 Malvern Drive NE have?
512 Malvern Drive NE in Marlborough Park has 3 bedrooms and 3.5 bathrooms. The listing records 1,123 sq ft above grade. It is a detached house.
How does the asking price of 512 Malvern Drive NE compare with the Marlborough Park market?
Its $599,000 asking price is about 8% above the $552,500 median sale price for detached homes in Marlborough Park (October 2025 – September 2026, 54 sales). Medians are not adjusted for size, age or condition.
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