2658 11 Avenue SE
Calgary, Alberta
MLS® A2352774
$975,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2352774
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1974
Listing description
INVESTMENT ALERT! THREE LEGAL RENTAL SUITES, UPDATED SIDE-BY-SIDE DUPLEX! CORNER REDEVELOPMENT LOT OVERSIZED DOUBLE GARAGE!
Over 3600 sqft of developed space with 8 bedrooms and 2 Dens! Whether you’re looking for a mortgage helper or an income-generatinginvestment property with one side bringing in $3450 and extra income potential for a full additional side! This unique property in Albert Park offers an excellent combination ofrental income potential, extensive recent upgrades, and future redevelopmentpotential.
Situated on an impressive 50’ x 120’ corner lot on a desirable street, the propertyfeatures a double detached garage, separate basement entrances, and three legal living spaces. One side offers a full bi-level home, ideal for an owner-occupant looking to offset theirmortgage with rental income, while the other features an upper-level residence and a legalbasement suite, providing multiple income opportunities. The property has undergone over$100,000 in recent renovations and improvements, offering added value and peace of mind forthe next owner.
The interiors feature modern, refreshed living spaces with contemporaryfinishes throughout all three units. Updates include modern wide-plank luxury vinyl flooring,fresh paint, updated lighting and window coverings, two new high-efficiency furnaces, two newhot water tanks, numerous replacement windows, and added attic insulation. Numerous additional interior improvements further enhance the overall appeal.
Numerous exterior improvements have also been completed, enhance the property’s curb appeal and functionality. Conveniently located with quick access to downtown, major roadways, transit, and everyday amenities, this is an excellent opportunity for investorsseeking rental income, homeowners looking for a mortgage helper, or buyers exploring thelong-term potential of a large corner lot in an established inner-city community. With threelegal rental suites, modern updated interiors, substantial recen t upgrades, and futureredevelopment potential, this property offers exceptional versatility for both investors andowner occupants alike!
Property summary
- MLS® number
- A2352774
- Property type
- Multi-family
- Building type
- Multi-Family
- Size
- 1,932 sq ft
- Title
- Freehold
- Land size
- 558 square meters
- Built in
- 1974
- Annual property taxes
- $5,240.00
- Parking
- 2 spaces · Detached Garage, See Remarks, Shared
- Days on market
- 16 days
Features & details
- Heating
- Forced air
- Cooling
- None
- Basement
- Finished, Separate entrance, See Remarks
- Flooring
- Laminate, Other
- Exterior features
- Concrete, Brick, See Remarks
- Lot features
- See remarks, Other, Back lane
- Architectural style
- Bi-level
What would this home cost you?
Based on the $975,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of The Real Estate District, Calgary.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.