948 31 Avenue NW Calgary, Alberta T2K 0A5
$1,250,000
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:57810)
Property Details
| MLS® Number | A2351440 |
| Property Type | Multi-family |
| Community Name | Cambrian Heights |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Back Lane, Pvc Window |
| Parking Space Total | 4 |
| Plan | 0111031 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 7 |
| Appliances | Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave Range Hood Combo, Hood Fan, See Remarks, Window Coverings |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1958 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Wood Siding |
| Flooring Type | Carpeted, Ceramic Tile, Vinyl |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,898 Sqft |
| Total Finished Area | 1898 Sqft |
Parking
| Other | |
| Parking Pad |
Land
| Acreage | No |
| Fence Type | Fence, Partially Fenced |
| Land Amenities | Park, Playground, Schools, Shopping |
| Landscape Features | Landscaped, Lawn |
| Size Depth | 31.65 M |
| Size Frontage | 17.71 M |
| Size Irregular | 557.00 |
| Size Total | 557 M2|4,051 - 7,250 Sqft |
| Size Total Text | 557 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-c2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Laundry Room | 10.75 Ft x 13.83 Ft | ||
| Basement | Recreational, Games Room | 14.42 Ft x 14.42 Ft | ||
| Basement | 4pc Bathroom | 7.33 Ft x 9.33 Ft | ||
| Basement | Bedroom | 10.50 Ft x 18.25 Ft | ||
| Basement | Kitchen | 14.08 Ft x 15.50 Ft | ||
| Basement | Storage | 7.50 Ft x 3.67 Ft | ||
| Basement | Furnace | 4.08 Ft x 12.42 Ft | ||
| Basement | 3pc Bathroom | 7.42 Ft x 9.00 Ft | ||
| Basement | Bedroom | 10.33 Ft x 9.42 Ft | ||
| Basement | Bedroom | 11.75 Ft x 10.67 Ft | ||
| Basement | Living Room | 10.50 Ft x 14.33 Ft | ||
| Basement | Kitchen | 7.58 Ft x 13.58 Ft | ||
| Basement | Laundry Room | 6.25 Ft x 6.67 Ft | ||
| Basement | Furnace | 4.08 Ft x 14.17 Ft | ||
| Main Level | 4pc Bathroom | 5.00 Ft x 10.00 Ft | ||
| Main Level | Bedroom | 9.17 Ft x 11.50 Ft | ||
| Main Level | Dining Room | 10.92 Ft x 9.83 Ft | ||
| Main Level | Kitchen | 9.92 Ft x 12.42 Ft | ||
| Main Level | Living Room | 15.08 Ft x 13.58 Ft | ||
| Main Level | Primary Bedroom | 9.92 Ft x 15.08 Ft | ||
| Main Level | 4pc Bathroom | 4.92 Ft x 10.08 Ft | ||
| Main Level | Bedroom | 9.00 Ft x 11.42 Ft | ||
| Main Level | Dining Room | 9.00 Ft x 8.42 Ft | ||
| Main Level | Kitchen | 9.92 Ft x 12.42 Ft | ||
| Main Level | Living Room | 15.08 Ft x 13.50 Ft | ||
| Main Level | Primary Bedroom | 9.92 Ft x 15.08 Ft |
https://www.realtor.ca/real-estate/30387481/948-31-avenue-nw-calgary-cambrian-heights
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 09 2026 07:58:51
Calgary Real Estate Board
Royal LePage Benchmark