




7 Beds
4 Baths
1,898 sqft
C$1,250,000
948 31 Avenue NW, Calgary Alberta, T2K0A5
Price per sqftC$658.59
Built in1958
Property size1,898 sqft
Property typeMulti-family
Courtesy of Mackenzie Braun with Royal LePage Benchmark
Overview
Active
Listed Oct 9, 2026
Updated 7h ago
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:41202)
Additional information
- MLS® ID
- A2351440
Interior Features
- Bedrooms
- 7
- Bathrooms
- 4
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.14 Acres
Other Property Details
- Taxes
- $7,048
- Tax Frequency
- Annually
Courtesy of Mackenzie Braun with Royal LePage Benchmark
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