948 31 Avenue NW, Calgary, AB T2K 0A5 (MLS # A2351440)

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PRICE $1,250,000 dsIDX morgage calculator
BEDS 7
BATHS 4
HOME SIZE 1,898 sqft
LOT SIZE 6,099 sqft

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.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 10/9/2026
TRACT Cambrian Heights YEAR BUILT 1958
COUNTY Calgary STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Dryer, Electric Range, Range Hood, Refrigerator, Washer
BASEMENT Exterior Entry, Finished, Full, Yes
CONSTRUCTION Brick, Frame, Wood Siding
EXTERIOR Private Entrance, Private Yard
HEAT Forced Air
INTERIOR Kitchen Island, Storage
LOT 6098 sq ft
LOT DESCRIPTION Back Yard, Front Yard, Landscaped
PARKING Off Street
STORIES 1
STYLE Attached-Side by Side, Bungalow
SUBDIVISION Cambrian Heights
TAXES 7048
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CONTACT US ABOUT 948 31 AVENUE NW
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Listed with Royal LePage Benchmark

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 10/9/26 2:28 PM PDT

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