Welcome to 424 8 Ave NE, a rare alley-corner lot (4,500 sq. ft.) in the heart of Renfrew! This prime inner-city location, just steps from Edmonton Trail, Crescent Heights, and minutes to downtown, offers incredible potential for both redevelopment and investment income. The property has been well-maintained and successfully operated as a short-term rental, showcasing its strong revenue-generating ability. In 2024 alone, the main floor achieved an impressive 75% occupancy rate with consistent Airbnb bookings, while the basement suite and garage provided additional rental income. Whether you’re looking to hold as an income property, build your dream home, or explore redevelopment opportunities in one of Calgary’s most desirable communities, this property offers the perfect balance of location, potential, and value. Don’t miss this opportunity to secure a highly versatile lot in a thriving inner-city neighborhood. (id:51913)
Bathroom Total | 2 | Bedrooms Above Ground | 3 |
Bedrooms Below Ground | 2 | Bedrooms Total | 5 |
Appliances | Washer, Refrigerator, Dryer, Microwave, Window Coverings | Architectural Style | Bungalow |
Basement Development | Finished | Basement Features | Separate Entrance |
Basement Type | Full (finished) | Constructed Date | 1941 |
Construction Material | Wood Frame | Construction Style Attachment | Detached |
Cooling Type | None | Exterior Finish | Stucco |
Flooring Type | Ceramic Tile, Hardwood | Foundation Type | Poured Concrete |
Heating Fuel | Natural Gas | Heating Type | Forced Air |
Stories Total | 1 | Size Interior | 1084 Sqft |
Total Finished Area | 1083.86 Sqft | Type | House |
Detached Garage | 2 |
Acreage | No | Fence Type | Partially Fenced |
Land Amenities | Park, Playground, Recreation Nearby, Schools, Shopping | Size Frontage | 11.43 M |
Size Irregular | 418.00 | Size Total | 418 M2|4,051 - 7,250 Sqft |
Size Total Text | 418 M2|4,051 - 7,250 Sqft | Zoning Description | M-cg D72 |
Level | Type | Dimensions |
---|---|---|
Basement | 3pc Bathroom | 5.25 Ft x 7.00 Ft |
Basement | Bedroom | 11.58 Ft x 9.17 Ft |
Basement | Kitchen | 13.33 Ft x 13.67 Ft |
Basement | Living Room | 10.67 Ft x 10.08 Ft |
Basement | Bedroom | 10.58 Ft x 13.25 Ft |
Main Level | 4pc Bathroom | 7.92 Ft x 6.00 Ft |
Main Level | Bedroom | 11.17 Ft x 10.00 Ft |
Main Level | Bedroom | 11.25 Ft x 9.92 Ft |
Main Level | Dining Room | 13.67 Ft x 9.92 Ft |
Main Level | Foyer | 3.92 Ft x 3.58 Ft |
Main Level | Kitchen | 13.67 Ft x 12.58 Ft |
Main Level | Living Room | 13.67 Ft x 12.58 Ft |
Main Level | Bedroom | 11.17 Ft x 10.00 Ft |
Main Level | Other | 11.75 Ft x 4.08 Ft |
Main Level | Sunroom | 8.67 Ft x 9.58 Ft |
We are always ready to provide timely consultation and assist you with any questions you may have.