33
424 8 Avenue NE
$765,000 Sale
Listed 1 day
· 5
· 2
· 2
· 1083.86
Key Facts
Key facts for 424 8 Avenue NE
Property Type
House, Bungalow
Parking
Double Garage Detached , Double Garage Detached 2 parking
MLS #
A2249892
Size
1083.86 sqft
Basement
Separate/Exterior Entry,Finished,Full
Listed on
-
Lot size
-
Days on Market
-
Year Built
1941
Maintenance Fee
-
Description
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-ma...intained 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.
Similar Properties (No results)
Room Types
3pc Bathroom
5`3" x 7`0"
Dimensions -
0 sqft
Bedroom
11`7" x 9`2"
Dimensions -
0 sqft
Kitchen
13`4" x 13`8"
Dimensions -
0 sqft
Courtesy of: Century 21 Bravo Realty
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