KEY INVESTMENT OPPORTUNITY! This raised bungalow with a LEGAL basement suite is ideally located just steps from International Avenue (17 Ave SE), offering excellent access to transit, restaurants, and local services. Zoned MC-1, the property presents strong rental income today with future redevelopment potential including the opportunity to build up to 8-unit complex, as on similar nearby lots.The main floor features 3 bedrooms, a full bathroom, a spacious living room area, and a functional kitchen. The legal basement suite includes 2 bedrooms, kitchen, living space, and shared laundry. With the raised bungalow design, the lower level gets great light throughout. Both upper and lower units are tenant-occupied, generating immediate income while you plan updates or future permitting. A sunny west-facing backyard and single detached garage, all just minutes from downtown and major routes. A solid buy-and-hold, income-generating property in one of Calgary’s most active investment corridors. (id:51913)
House
5 Bedrooms
2 Bathrooms
1063 sqft| BathroomTotal | 2 | BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 | BedroomsTotal | 5 |
| Appliances | Refrigerator, Dishwasher, Stove, Washer & Dryer | ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished | BasementFeatures | Separate Entrance, Suite |
| BasementType | Full (finished) | ConstructedDate | 1958 |
| ConstructionMaterial | Wood Frame | ConstructionStyleAttachment | Detached |
| CoolingType | None | FlooringType | Ceramic Tile, Hardwood, Laminate |
| FoundationType | Poured Concrete | HalfBathTotal | 1 |
| HeatingType | Forced Air | StoriesTotal | 1 |
| SizeInterior | 1063 Sqft | TotalFinishedArea | 1063.44 Sqft |
| Type | House |
| Parking Pad | |
| Detached Garage | 1 |
| Acreage | No | FenceType | Fence |
| LandAmenities | Park, Schools | LandscapeFeatures | Landscaped |
| SizeDepth | 38.42 M | SizeFrontage | 15.26 M |
| SizeIrregular | 586.30 | SizeTotal | 586.3 M2|4,051 - 7,250 Sqft |
| SizeTotalText | 586.3 M2|4,051 - 7,250 Sqft | ZoningDescription | M-c1 |
| Level | Type | Dimensions |
|---|---|---|
| Basement | Living Room | 13.33 Ft x 19.08 Ft |
| Basement | Kitchen | 13.00 Ft x 9.92 Ft |
| Basement | Bedroom | 13.00 Ft x 13.08 Ft |
| Basement | Bedroom | 13.00 Ft x 7.67 Ft |
| Basement | 2pc Bathroom | 6.42 Ft x 5.08 Ft |
| Main Level | Living Room | 13.33 Ft x 19.67 Ft |
| Main Level | Kitchen | 10.25 Ft x 14.50 Ft |
| Main Level | Bedroom | 10.25 Ft x 10.25 Ft |
| Main Level | Bedroom | 10.25 Ft x 11.92 Ft |
| Main Level | Primary Bedroom | 11.33 Ft x 13.17 Ft |
| Main Level | 4pc Bathroom | 5.00 Ft x 5.67 Ft |
| Main Level | Living Room | 13.33 Ft x 19.67 Ft |
