Data was last updated 2026-10-09 at 13:35:06 GMT
$1,250,000

948 31 Avenue NW   Calgary, Alberta

MLS®: A2351440
URL:    
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.
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.

Listing Information

Prop. Type:
Full Duplex
Property Style:
Attached-Side by Side
Status:
Active
City:
Calgary
Bedrooms:
7
Full Bathrooms:
4
Neighbourhood:
Cambrian Heights
Area:
Calgary
Province:
Alberta
MLS® Number:
A2351440
Listing Price:
$1,250,000

General Information

Year Built:
1958
Total Square Feet:
1898ft2

Additional Information

Basement Dev:
Full
Parking:
Off Street, Parking Pad

VIP-Only Information

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This property is listed by Royal Lepage Benchmark and provided here courtesy of Bryan Logel. For more information or to schedule a viewing please contact Bryan Logel.
Bryan Logel
RE/MAX House of Real Estate
Phone: 403-287-3880
Mobile Phone: 403-803-5740
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.