Calgary, AB T2E 0R2,424 8 AVE Northeast
Calgary, AB T2E 0R2,424 8 AVE Northeast
Calgary, AB T2E 0R2,424 8 AVE Northeast
Calgary, AB T2E 0R2,424 8 AVE Northeast
Calgary, AB T2E 0R2,424 8 AVE Northeast
Calgary, AB T2E 0R2,424 8 AVE Northeast
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$ 765,000
Est. payment | /mo

5 Beds

2 Baths

1,083 SqFt


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$ 765,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,083 SqFt

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

Listed by Century 21 Bravo Realty
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