For Sale: 3911 1 Street NW, Calgary, AB - REW
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$450,000
3 bd • 2 ba • 801 sf • House
3911 1 Street NW
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$450,000
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3911 1st Street NWCalgary, AB, T2K 0X2

Highland Park
  • 3 Bed
  • 2 Bath
  • 801 Sqft
  • House

About this home

Investment opportunities like this are becoming increasingly difficult to find. Offering immediate rental income, two self-contained living spaces, and the long-term advantages of owning a detached home in the established community of Highland Park, this property is an excellent addition to any real estate portfolio. Located in the desirable inner-city community of Highland Park, investors will appreciate the strong rental appeal created by convenient access to downtown Calgary, Centre Street, Edmonton Trail, Deerfoot Trail, public transit, parks, schools, shopping, restaurants, and nearby amenities. The central location continues to attract tenants seeking affordable housing with excellent access throughout the city, making this a smart long-term investment. The property features two separate living spaces, providing excellent income potential and flexibility. The main floor offers a well-maintained two-bedroom, one-bathroom living space with its own private washer and dryer. Thoughtful updates completed in approximately 2015 provide a move-in-ready living environment that continues to appeal to quality tenants. The lower level features a separate one-bedroom, one-bathroom illegal suite, also complete with its own private washer and dryer. One of the standout advantages of this property is that both are currently occupied under one-year lease agreements, providing immediate rental income from day one and reducing the uncertainty and costs associated with securing new tenants. Outside, the detached single garage further enhances the property's desirability by providing secure parking, additional storage, or flexible space for tenant use. An increasingly valuable feature for rental properties in established inner-city neighbourhoods. Whether you are looking to expand your investment portfolio, enter the Calgary rental market, or secure a property with future redevelopment potential commonly associated with established inner-city communities, this property offers outstanding value. Combining immediate cash flow, a detached home, two income-producing living spaces, a detached garage, and an exceptional Highland Park location, this is an investment opportunity well worth your consideration.
Listed by: Big John Peterson, RE/MAX Realty Professionals

Home facts and features

Price details
List Price
$450,000
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Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
1
Property Type
House
Lot Size
3050 ft²
Frontage
25.00 ft
Year Built
Built in 1959 (67 yrs old)
Style
Bungalow
Heating Type
Forced Air,Natural Gas
Basement Details
Full
Features
Back Lane, Back Yard, Landscaped, Lower Level, Other, Rectangular Lot, See Remarks, Separate Entrance, Upper Level
Appliances
Range Hood, Refrigerator, Stove, Washer/Dryer
Community
Agent details
Primary Agent
Primary Broker
RE/MAX Realty Professionals
Listing details
Days on REW
1 Day
MLS® Number
A2332916
Source
Pillar 9
Board
Calgary Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Buchanan School
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James Fowler High School
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North Middle School Campus
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Highwood School
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Northwest Elementary Campus
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Colonel Irvine School
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Georges P. Vanier School
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École De La Rose Sauvage
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St. Joseph Elementary Junior High School
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Colonel Sanders School
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Big Peterson
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Office:
403-259-4141
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