948 31 Avenue NW, Calgary Calgary, AB, T2K 0A5

Listing Price
$1,250,000
house
7 beds
4 baths
1898 sqft
Property Details
Property Type
house
Year Built
1958
Parking Spaces
4
Heating
FORA
Cooling
NONE
Lot Size
0.14 sqft
Basement
FULL
Construction
Brick, WDFRM, WDSDG
Roof
ASH
Foundation
FOCON
Zoning
R-C2
Subdivision
496
MLS Number
A2351440
Listed Date
Oct 10, 2026
Days on Market
0
Description
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.
Features & Amenities
Appliances
DISHDRYERNGMWVHFRNGHREFRSRMKWASHWINCO
Interior
KITIQURTZCSPENTSTORIFVWIN
Exterior
PRVEPRVY
Architectural Style
SBSBUNG
Location
948 31 Avenue NW, Calgary, AB, T2K 0A5
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Monthly Payment Calculator
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Estimated Monthly Payment
$0
Principal & interest on a $0 mortgage at 5.25% for 25 years
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