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.
Listing Information
- Prop. Type:
- Detached
- Property Style:
- Bungalow
- Status:
- Active
- City:
- Calgary
- Bedrooms:
- 5
- Full Bathrooms:
- 2
- Neighbourhood:
- Forest Lawn
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2278020
- Listing Price:
- $625,000
General Information
- Year Built:
- 1958
- Total Square Feet:
- 1063ft2
Additional Information
- Basement Dev:
- Full
- Parking:
- Additional Parking, Alley Access, Parking Pad, Single Garage Detached
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.