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MLS® A2351440
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Multi-family
$1,250,000

948 31 Avenue NW

Cambrian Heights, Calgary

  • 7bedrooms
  • 4bathrooms
  • 1,898sq ft
  • 1958year built

About this home

Capitalize on a turnkey, revenue-generating INCREDIBLE investment property. This full duplex features 4 fully legal suites that currently collectively generate over $8,000 / month in gross rental income, backed by an exceptional tenant profile & strong leases. Within the last 5 years, the property has undergone nearly $200,000 in comprehensive capital renovations. Major upgrades include two high-end basement legalizations (to make legal suites), updated mechanical systems (3 furnaces & water heater), a newer roof, energy-efficient windows, fresh exterior aesthetics, and optimized outdoor amenities featuring private fenced yards and graded four-car parking. Spanning over 3,300 sq ft across 7 bedrooms and 4 bathrooms, the complex already has excellent tenants in place. Its positioning just one block from Confederation Park & minutes from downtown ensures perpetual high demand and minimal vacancy. With all major heavy lifting completed, this self-managed asset presents a seamless, high-yield expansion opportunity for any real estate portfolio. (id:67336)

Details

MLS® number
A2351440
Community
Cambrian Heights
Property type
Multi-family
Ownership
Freehold
Year built
1958
Storeys
1
Basement
Finished, Full, Separate entrance, Suite
Heating
Forced air
Cooling
None
Parking
Parking Pad, Other
Parking spaces
4
Flooring
Carpeted, Ceramic Tile, Vinyl
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave Range Hood Combo, Hood Fan, See remarks, Window Coverings
Lot size
557.00
Zoning
R-C2
Property taxes
$7,048 (2026)

Rooms

RoomLevelSize
4pc BathroomMain level10.00 Ft x 5.00 Ft
BedroomMain level11.50 Ft x 9.17 Ft
Dining roomMain level9.83 Ft x 10.92 Ft
Laundry roomBasement13.83 Ft x 10.75 Ft
Recreational, Games roomBasement14.42 Ft x 14.42 Ft
KitchenMain level12.42 Ft x 9.92 Ft
Living roomMain level13.58 Ft x 15.08 Ft
Primary BedroomMain level15.08 Ft x 9.92 Ft
4pc BathroomBasement9.33 Ft x 7.33 Ft
BedroomBasement18.25 Ft x 10.50 Ft
KitchenBasement15.50 Ft x 14.08 Ft
StorageBasement3.67 Ft x 7.50 Ft
FurnaceBasement12.42 Ft x 4.08 Ft
4pc BathroomMain level10.08 Ft x 4.92 Ft
BedroomMain level11.42 Ft x 9.00 Ft
Dining roomMain level8.42 Ft x 9.00 Ft
KitchenMain level12.42 Ft x 9.92 Ft
Living roomMain level13.50 Ft x 15.08 Ft
Primary BedroomMain level15.08 Ft x 9.92 Ft
3pc BathroomBasement9.00 Ft x 7.42 Ft
BedroomBasement9.42 Ft x 10.33 Ft
BedroomBasement10.67 Ft x 11.75 Ft
Living roomBasement14.33 Ft x 10.50 Ft
KitchenBasement13.58 Ft x 7.58 Ft
Laundry roomBasement6.67 Ft x 6.25 Ft
FurnaceBasement14.17 Ft x 4.08 Ft

Location

Listed byRoyal LePage Benchmark
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