For Sale: 948 31 Avenue NW, Calgary, AB - REW
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$1,250,000
7 bd • 4 ba • 1898 sf • Duplex
948 31 Avenue NW
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$1,250,000
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948 Nw 31st AvenueCalgary, AB, T2K 0A5

Cambrian Heights
  • 7 Bed
  • 4 Bath
  • 1898 Sqft
  • Duplex

About this home

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.
Listed by: Mackenzie Braun, Royal LePage Benchmark

Home facts and features

Price details
List Price
$1,250,000
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Home facts
Bedrooms
7
Full Bathrooms
4
Parking Spaces
4
Property Type
Duplex
Lot Size
5995 ft²
Frontage
58.11 sqft
Year Built
Built in 1958 (68 yrs old)
Style
Attached-Side by Side,Bungalow
Exterior Finish
Brick, Wood Frame, Wood Siding
Heating Type
Forced Air
Basement Details
Full
Features
Front Porch, In Basement, Kitchen Island, Main Level, Multiple Locations, Park, Patio, Playground, Quartz Counters, Schools Nearby, Separate Entrance, Shopping Nearby, Sidewalks, Storage, Vinyl Windows, Walking/bike Paths
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
Royal LePage Benchmark
Listing details
Days on REW
1 Day
MLS® Number
A2351440
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
Interest Rate
3.99%

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Property Insights

Cambrian Heights School
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Rosemont School
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Asasa Academy
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St. Joseph Elementary Junior High School
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Project Trust
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St. Margaret School
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École De La Rose Sauvage
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James Fowler High School
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King George School
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Colonel Irvine School
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Call Agent
Mackenzie Braun
Phone:
(587) 892-6489
Cell:
587-892-6489
Office:
403-253-1901
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