Cambrian Heights
LIST PRICE
$1,250,000
948 31 Avenue NW, Calgary · T2K 0A5
7 BEDROOMS · 4 BATHROOMS · 1,898 SQFT · BUILT 1958
MLS A2351440 · 0 DAYS ON MARKET
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JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.
RE/MAX Complete Realty · Calgary
What this home — and yours — is really worth right now.
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.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
INTERIOR
- BEDROOMS
- 7
- FULL BATHS
- 4
- HALF BATHS
- 0
- LIVING AREA (SQFT)
- 1,898
- FEATURES
- Kitchen Island · Quartz Counters · Separate Entrance · Storage · Vinyl Windows
- APPLIANCES
- Dishwasher · Dryer · Electric Range · Microwave Hood Fan · Range Hood · Refrigerator · See Remarks · Washer · Window Coverings
- FLOORING
- Carpet · Ceramic Tile · Vinyl
- BASEMENT
- Full
- BASEMENT DEVELOPMENT
- Finished
BUILDING
- TYPE
- Full Duplex
- STYLE
- Attached-Side by Side · Bungalow
- YEAR BUILT
- 1958
- NEW CONSTRUCTION
- No
- CONSTRUCTION
- Brick · Wood Frame · Wood Siding
- ROOF
- Asphalt
- FOUNDATION
- Poured Concrete
PARKING
- TOTAL PARKING
- 4
- PARKING
- Off Street · Parking Pad
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 5,995
- LOT SIZE (ACRES)
- 0.14
- LOT
- Back Lane · Back Yard · Front Yard · Landscaped · Lawn
- EXTERIOR
- Private Entrance · Private Yard
- PATIO & PORCH
- Front Porch · Patio
- FENCING
- Fenced · Partial
COMMUNITY
- COMMUNITY
- Cambrian Heights
- COMMUNITY FEATURES
- Park · Playground · Schools Nearby · Shopping Nearby · Sidewalks · Walking/Bike Paths
- ZONING
- R-C2
- POSTAL CODE
- T2K 0A5
UTILITIES & COSTS
- HEATING
- Forced Air
- COOLING
- None
- ANNUAL TAXES
- $7,048