For SaleFor sale
948 31 Avenue NW
948 31 Avenue NW
$1,250,000
MLS® A2351440
7
Bedrooms
4
Bathrooms
1,898
Area (sqft)
1958
Year Built
4
Parking
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
- Kitchen Island
- Quartz Counters
- Separate Entrance
- Storage
- Vinyl Windows
- Private Entrance
- Private Yard
- Dishwasher
- Dryer
- Electric Range
- Microwave Hood Fan
- Range Hood
- Refrigerator
- See Remarks
- Washer
- Window Coverings
- Carpet
- Ceramic Tile
- Vinyl
- Forced Air
- None
- Off Street
Essential Information
- MLS® #
- A2351440
- Property Type
- Residential
- Property Sub Type
- Full Duplex
- Style
- Attached-Side by Side, Bungalow
- Levels
- One
- Year Built
- 1958
- Full Bathrooms
- 4
- Title
- Fee Simple
Community
- Community
- Cambrian Heights
- District
- CAL Zone CC
- Postal Code
- T2K 0A5
- County
- Calgary
- Community Features
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Services & Amenities
Location
Mortgage estimate
Estimates only. Actual rates and payments may vary based on lender, credit, and property type.
Similar properties
Listed by Mackenzie Braun, Royal LePage Benchmark · MLS® A2351440. Listing data provided by Pillar 9™. Information deemed reliable but not guaranteed.



