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

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948 31 AVE NW Calgary, AB T2K 0A5

7 Beds

4 Baths

1,898 SqFt


Key Details

Sold Price -

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,898 sqft

Subdivision Cambrian Heights

MLS® Listing ID A2351440

Sold Date -

Style Attached-Side by Side,Bungalow

Bedrooms 7

Full Baths 4

Year Built 1958

Annual Tax Amount $7,048

Tax Year 2026

Lot Size 5,995 Sqft

Acres 0.14

Property Sub-Type Full Duplex

Source Calgary

Property 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.

Location

State AB

County Calgary

Area Cal Zone Cc

Zoning R-C2

Direction S

Rooms

Basement Full

Interior

Interior Features Kitchen Island, Quartz Counters, Separate Entrance, Storage, Vinyl Windows

Heating Forced Air

Cooling None

Flooring Carpet, Ceramic Tile, Vinyl

Appliance Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Range Hood, Refrigerator, See Remarks, Washer, Window Coverings

Laundry In Basement, Main Level, Multiple Locations

Exterior

Parking Features Off Street, Parking Pad

Fence Fenced, Partial

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths

Roof Type Asphalt

Porch Front Porch, Patio

Lot Frontage 58.11

Total Parking Spaces 4

Building

Lot Description Back Lane, Back Yard, Front Yard, Landscaped, Lawn

Foundation Poured Concrete

Architectural Style Attached-Side by Side, Bungalow

Level or Stories One

Structure Type Brick,Wood Frame,Wood Siding

Others

Restrictions None Known

Tax ID 112104271

Ownership Private

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Listed by Royal LePage Benchmark

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