For Sale: 720 69 Avenue SW, Calgary, AB - REW
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$624,900
4 bd • 2 ba • 787 sf • House
720 69 Avenue SW
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$624,900
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720 69th Avenue SWCalgary, AB, T2V 0P2

Kingsland
  • 4 Bed
  • 2 Bath
  • 787 Sqft
  • House

About this home

Income today. Development potential for tomorrow. Welcome to this exceptional opportunity in the highly sought-after community of Kingsland. Situated on a spacious 50' x 120' H-GO (Housing – Grade Oriented) lot, this property offers immediate rental income potential along with exciting future redevelopment possibilities (subject to City approvals and development permit requirements.) Whether you're an investor looking to expand your portfolio, a builder seeking your next project, or a homeowner wanting the flexibility of mortgage-supporting income, this property delivers outstanding value in a prime inner-city location. This 2 bedroom raised bungalow features a LEGAL 2-bedroom basement suite, creating two fully independent living spaces, each with their own private entrance, laundry facilities, two bedrooms, and a full 4-piece bathroom. This highly desirable setup provides excellent rental appeal and flexibility for multi-generational living. The upper level offers a bright and spacious living room, an updated kitchen complete with granite countertops, ample cabinetry, and a pantry cupboard for additional storage. The primary bedroom features the rare advantage of dual closets, while a second bedroom and full bathroom complete the main floor. Downstairs, the legal suite provides a comfortable and functional layout with its own kitchen, living area, two bedrooms, full bathroom, and separate laundry, making it ideal for tenants or extended family. Outside, the large backyard offers plenty of space for outdoor enjoyment while the generous lot size creates exciting future possibilities. Parking is abundant with space for two vehicles in the front driveway and an additional three parking stalls accessible from the rear of the property. Numerous updates provide added peace of mind, including replacement windows (approximately 2013), a sewer line sleeve installed in 2021, new shingles in 2025, new downspouts in 2025, and a newly installed bathroom fan on the upper level in 2025. Location is everything, and this property delivers. Ideally situated in the established community of Kingsland, you're just minutes from Chinook Centre, schools, parks, transit, the C-Train, MRU and major transportation routes. Residents enjoy quick access to downtown Calgary while benefiting from the convenience of nearby shopping, dining, and everyday amenities. Generate rental income while planning for the future, capitalize on the redevelopment potential of the H-GO zoning, or live in one suite while offsetting your mortgage with rental revenue from the other. Opportunities that combine cash flow, flexibility, and long-term upside in a location like this are increasingly hard to find. This is an investment in both the present and the future.
Listed by: Megan McCourt-Agyei, CIR Realty

Home facts and features

Price details
List Price
$624,900
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Home facts
Bedrooms
4
Full Bathrooms
2
Property Type
House
Lot Size
6099 ft²
Frontage
49.97 ft
Year Built
Built in 1950 (76 yrs old)
Style
Bungalow
Heating Type
Forced Air
Basement Details
Full
Features
Back Lane, Back Yard, Granite Counters, Lower Level, No Smoking Home, Other, Rectangular Lot, Schools Nearby, Separate Entrance, Upper Level
Amenities
Shopping Nearby
Appliances
Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s), Washer/dryer Stacked
Community
Agent details
Primary Agent
Primary Broker
CIR Realty
Listing details
Days on REW
5 Days
MLS® Number
A2316557
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
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Property Insights

St. Augustine Elementary Junior High School
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Canadian Montessori School
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Henry Wise Wood High School
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Chinook Park School
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Calgary Jewish Academy
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Fairview School
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Le Roi Daniels School
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Woodman School
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  • 5 - 9
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Bishop Grandin High School
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West Island College
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Call Agent
Megan McCourt-Agyei
Phone:
403-271-0600
Office:
403-271-0600
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.