Property Details

316 8 Avenue NE
Calgary (A2215699)

$820,000
2
3+1
1,471 ft²
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Interest Rate
Loan Amount
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Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

**Rare Inner-City Investment Opportunity in Crescent Heights!** Nestled just minutes from downtown, this charming 2-bedroom, 3.5-bathroom home in desirable Crescent Heights offers a unique blend of immediate livability, rental income potential, and future development upside. Each spacious bedroom includes its own ensuite, complemented by a bright living room, dining area, and a well-equipped kitchen. The fully developed basement provides added flexibility for tenants or personal use, and the double detached garage adds value and convenience. Situated on an M-CG zoned lot, this property is ideally suited as a holding property—generating rental income now while appreciating in value for the future. Even more compelling, the **adjacent lot is also available for sale**, combining to form a 50’ x 120’ parcel perfect for higher-density redevelopment (subject to city approval). Whether you’re a builder, investor, or future homeowner, this is a strategic opportunity to secure a revenue-generating property with strong development potential in one of Calgary’s most vibrant inner-city neighbourhoods

Property details

Basic Info

MLS® #
A2215699
Property Type:
Residential
Subtype:
Detached
Subdivision:
Crescent Heights
Price
$820,000
Sale/Lease:
For Sale
Size:
1,471 sq.ft.
Bedrooms:
2
Bathrooms:
3 full / 1 half
Year Built:
1994 (31 years old)

Building Info

Structure Type:
House
Building Style:
2 Storey
Garage:
Yes
Parking:
Double Garage Detached
Fence:
Fenced
Basement:
Finished, Full
Features:
Bar, Natural Woodwork
Fireplaces:
1
Inclusions:
N/A
Appliances:
Dishwasher, Electric Stove, Garage Control(s), Refrigerator, Washer/Dryer, Window Coverings
Laundry:
In Basement
Exterior Features:
Private Yard
Patio/Porch Features:
Deck, Front Porch

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.07 acres
Lot Features:
Back Lane, Back Yard, Level, Private
Zoning:
M-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Composite Siding,Wood Frame
Floors:
Carpet, Hardwood, Tile
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby

Listing Info

Possession:
30 Days / Neg
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Your Agent
  • Alexander Beatty

    Grassroots Realty Group Grande Prairie, AB
    780-228-4266

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