424 8 AVE Northeast new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2E 0R2
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,083 sqft
Price per Sqft $706
Subdivision Renfrew
MLS Listing ID A2249892
Style Bungalow
Bedrooms 5
Full Baths 2
Year Built 1941
Lot Size 4,499 Sqft
Acres 0.1
Property Sub-Type Detached
Property Description
Welcome to 424 8 Ave NE, a rare alley-corner lot (4,500 sq. ft.) in the heart of Renfrew! This prime inner-city location, just steps from Edmonton Trail, Crescent Heights, and minutes to downtown, offers incredible potential for both redevelopment and investment income. The property has been well-maintained and successfully operated as a short-term rental, showcasing its strong revenue-generating ability. In 2024 alone, the main floor achieved an impressive 75% occupancy rate with consistent Airbnb bookings, while the basement suite and garage provided additional rental income. Whether you're looking to hold as an income property, build your dream home, or explore redevelopment opportunities in one of Calgary's most desirable communities, this property offers the perfect balance of location, potential, and value. Don't miss this opportunity to secure a highly versatile lot in a thriving inner-city neighborhood.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-CG d72
Direction S
Rooms
Basement Separate/Exterior Entry,Finished,Full
Interior
Interior Features See Remarks
Heating Forced Air,Natural Gas
Cooling None
Flooring Ceramic Tile,Hardwood
Inclusions Basement unit's Washer/dryer
Appliance Dryer,Microwave,Refrigerator,Washer,Window Coverings
Laundry In Basement
Exterior
Exterior Feature Other
Parking Features Double Garage Detached
Garage Spaces 2.0
Fence Partial
Community Features Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 37.5
Total Parking Spaces 2
Building
Lot Description Corner Lot
Dwelling Type House
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Wood Frame
Others
Restrictions Restrictive Covenant
Tax ID 101471645