JN REAL ESTATE GROUP

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

Interested in this home?

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

LISTING COURTESY OF MACKENZIE BRAUN · ROYAL LEPAGE BENCHMARK

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.