Twitter
Facebook
Email
|
Prime investment opportunity in the heart of Elboya on a 50 ft x 120 ft R-CG lot. This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary's most desirable inner-city communities, with excellent long-term holding and redevelopment potential. The main floor features two spacious bedrooms, a four-piece bathroom, a bright living room, dining area, and a well-appointed kitchen. The legal lower suite offers two additional bedrooms, a four-piece bathroom, and a full kitchen, with separate private entrances for each unit. Shared spaces include a large utility room with two furnaces, two hot water tanks, and common laundry. Utilities are split between tenants, helping reduce ownership costs. Both leases renew in June, and the tenants have expressed interest in extending their stay, providing immediate and stable cash flow for the next owner. Recent upgrades include new egress windows in the basement bedrooms, updated LVP flooring, hardwired smoke and carbon monoxide detectors, a sprinkler system in common areas, new alarm bells, furnace servicing, and yard improvements. The oversized lot offers a large private yard with mature trees, back alley access, and a parking pad. Combined with the front driveway, there is parking for up to six vehicles. Ideally located minutes from downtown, the C-Train, Chinook Centre, parks, schools, and everyday amenities. Whether you are looking to live upstairs and offset ownership costs by renting the legal suite, or secure a strong investment in a high-demand neighbourhood, this property delivers flexibility, income, and long-term value.
| DAYS ON MARKET | Login to view Days on Market | LAST UPDATED | 4/2/2026 |
|---|---|---|---|
| TRACT | Elboya | YEAR BUILT | 1955 |
| COUNTY | Calgary | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Cooktop, Range Hood, Refrigerator, Washer/Dryer |
| BASEMENT | Exterior Entry, Finished, Full, Yes |
| CONSTRUCTION | Frame |
| EXTERIOR | Private Entrance, Private Yard |
| HEAT | Forced Air |
| INTERIOR | Kitchen Island, Laminate Counters |
| LOT | 6098 sq ft |
| LOT DESCRIPTION | Back Yard |
| LOT DIMENSIONS | 49'5" x 120 |
| STORIES | 1 |
| STYLE | Bungalow |
| SUBDIVISION | Elboya |
| TAXES | 4298 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Doug, Marjorie & Kevin
McKay to contact you even if your name is on a Federal or State
"Do not call List".
Listed with 2% Realty
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System.
Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data last updated 4/18/26 5:10 AM PDT
This IDX solution is (c) Diverse Solutions 2026.
