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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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