AB > Calgary > Banff Trail
Calgary, AB T2M1Z4,1913 24 AVE NW
Calgary, AB T2M1Z4,1913 24 AVE NW
Calgary, AB T2M1Z4,1913 24 AVE NW
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Josh Hamilton

Josh Hamilton

+1(403) 608-1314
$849,000
Est. payment /mo
6 Beds
3 Baths
1,468 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,468 sqft

Price per Sqft $578

Subdivision Banff Trail

MLS® Listing ID A2254712

Style Bungalow

Bedrooms 6

Full Baths 3

Year Built 1951

Annual Tax Amount $5,287

Tax Year 2025

Lot Size 7,265 Sqft

Acres 0.17

Property Sub-Type Detached

Source Calgary

Property Description

Prime Investor Alert: Cash Flow & Development Potential in Capitol Hill - Instant Cash Flow with unrivaled potential and Unbeatable location!! Secure your stake in Calgary's burgeoning real estate market with this phenomenal bungalow in highly coveted Capitol Hill. This isn't just acquiring a home; it's securing a proven income-generating machine that immediately yields exceptional returns while simultaneously offering massive future upside. Step into immediate profitability! The existing six-bedroom configuration, complete with a finished basement, is currently generating a remarkable $4,000.00 per month in rental revenue—a robust cash flow that covers your costs from day one. The demand for this address is unparalleled; you'll enjoy a steady, high-quality stream of tenants eager for the tranquility of Capitol Hill, all while being just steps away from two of Calgary's most prestigious post-secondary institutions: the University of Calgary (U of C) and SAIT. Crucially, the long-term value is locked in the land. The savvy current owner has already invested in the future by completing three distinct sets of development permit drawings. This preparation allows the next owner to immediately choose their ideal exit strategy, whether it be an infill, duplex, or a fully legalized multi-suite conversion, maximizing the return on investment (all subject to municipal by-laws). This property is perfectly positioned for the investor looking for the rare combination of strong current cash flow and significant future appreciation. This is a Priced to SELL opportunity—a chance to own a true piece of Calgary's future. Don't delay - contact us today to unlock the full development and financial potential this property holds!. 24th Avenue has special zoning and the City will allow 3 storey multi-family buildings/ apartments. Priced to SELL - CALL TODAY!

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning R-CG

Direction N

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s), High Ceilings, Pantry, See Remarks, Separate Entrance, Vinyl Windows, Walk-In Closet(s)

Heating Forced Air, See Remarks

Cooling Central Air

Flooring Ceramic Tile, Hardwood, Vinyl, Vinyl Plank

Inclusions none

Appliance Dishwasher, Electric Stove, Microwave, Microwave Hood Fan, Refrigerator, See Remarks, Stove(s)

Laundry Laundry Room, Lower Level, See Remarks, Upper Level

Exterior

Parking Features Double Garage Detached

Garage Spaces 2.0

Garage Description Double Garage Detached

Fence Fenced

Community Features Golf, Park, Playground, Schools Nearby, Shopping Nearby

Roof Type Asphalt Shingle

Porch Patio

Lot Frontage 50.0

Total Parking Spaces 2

Building

Lot Description Back Lane, Landscaped, Level, Rectangular Lot, Treed

Foundation ICF Block, Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Cement Fiber Board,Concrete,ICFs (Insulated Concrete Forms),See Remarks,Wood Frame

Others

Restrictions None Known

Tax ID 101296135

Ownership Private

Read Less Info
Listed by CIR Realty

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Josh Hamilton

+1(403) 608-1314

josh@joshhamilton.ca

USH00385_Blend3Y_sm

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1913 24 AVE NW