316 8 Avenue Ne Calgary, Alberta T2E 0P9

2 Bedroom 4 Bathroom 1,471 ft2
Fireplace None Forced Air

$820,000

**Rare Inner-City Investment Opportunity in Crescent Heights!**Nestled just minutes from downtown, this charming 2-bedroom, 3.5-bathroom home in desirable Crescent Heights offers a unique blend of immediate livability, rental income potential, and future development upside. Each spacious bedroom includes its own ensuite, complemented by a bright living room, dining area, and a well-equipped kitchen. The fully developed basement provides added flexibility for tenants or personal use, and the double detached garage adds value and convenience.Situated on an M-CG zoned lot, this property is ideally suited as a holding property—generating rental income now while appreciating in value for the future. Even more compelling, the **adjacent lot is also available for sale**, combining to form a 50’ x 120’ parcel perfect for higher-density redevelopment (subject to city approval).Whether you’re a builder, investor, or future homeowner, this is a strategic opportunity to secure a revenue-generating property with strong development potential in one of Calgary’s most vibrant inner-city neighbourhoods (id:57810)

Property Details

MLS® Number A2215699
Property Type Single Family
Neigbourhood Renfrew
Community Name Crescent Heights
Amenities Near By Park, Playground, Schools, Shopping
Features Back Lane, Level
Parking Space Total 2
Plan 470p
Structure Deck

Building

Bathroom Total 4
Bedrooms Above Ground 2
Bedrooms Total 2
Appliances Refrigerator, Dishwasher, Stove, Window Coverings, Garage Door Opener, Washer & Dryer
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1994
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Composite Siding
Fireplace Present Yes
Fireplace Total 1
Flooring Type Carpeted, Hardwood, Tile
Foundation Type Poured Concrete
Half Bath Total 1
Heating Type Forced Air
Stories Total 2
Size Interior 1,471 Ft2
Total Finished Area 1471.25 Sqft
Type House

Parking

Detached Garage 2

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping
Size Depth 36.56 M
Size Frontage 7.62 M
Size Irregular 279.00
Size Total 279 M2|0-4,050 Sqft
Size Total Text 279 M2|0-4,050 Sqft
Zoning Description M-cg

Rooms

Level Type Dimensions
Second Level Primary Bedroom 15.83 Ft x 16.00 Ft
Second Level Bedroom 14.33 Ft x 13.58 Ft
Second Level 4pc Bathroom 11.00 Ft x 8.67 Ft
Second Level 4pc Bathroom 7.75 Ft x 4.08 Ft
Basement Furnace 8.58 Ft x 17.08 Ft
Basement Recreational, Games Room 20.08 Ft x 14.83 Ft
Basement 3pc Bathroom 8.33 Ft x 6.25 Ft
Main Level Living Room 15.75 Ft x 11.67 Ft
Main Level Dining Room 12.42 Ft x 13.92 Ft
Main Level Kitchen 12.83 Ft x 15.92 Ft
Main Level 2pc Bathroom 6.33 Ft x 3.67 Ft
Main Level Foyer 7.33 Ft x 4.25 Ft

https://www.realtor.ca/real-estate/28234056/316-8-avenue-ne-calgary-crescent-heights

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