948 31 Avenue NW
Calgary, AB, T2K 0A5
$1,250,000
7 Beds
4 Baths
1,898 SqFt
0.14 Acres
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MLS #A2351440 image #0
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.

Property Details

Price:
$1,250,000
MLS #:
A2351440
Status:
Active
Beds:
7
Baths:
4
Type:
Single Family
Subtype:
Full Duplex
Subdivision:
Cambrian Heights
Listed Date:
Oct 9, 2026
Finished Sq Ft:
1,898
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
1958
Cambrian HeightsFullBack Lane,back Yard,front Yard,landscaped,lawn

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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Range Hood, Refrigerator, See Remarks, Washer, Window Coverings
Basement
Full
Bathrooms Full
4
Laundry Features
In Basement, Main Level, Multiple Locations

Exterior

Exterior Features
Private Entrance, Private Yard
Lot Features
Back Lane, Back Yard, Front Yard, Landscaped, Lawn
Parking Features
Off Street, Parking Pad
Parking Total
4
Patio And Porch Features
Front Porch, Patio
Roof
Asphalt

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Single Family in Calgary as of Oct 10, 2026
3,605
Single Family Listed
45
Avg DOM
490
Avg $ / SqFt
$868,121
Avg List Price

Property Summary

    Located in the Cambrian Heights subdivision, 948 31 Avenue NW Calgary AB is a Single Family for sale in Calgary, AB, T2K 0A5. It is listed for $1,250,000 and features 7 beds, 4 baths, and has approximately 1,898 square feet of living space, and was originally constructed in 1958. The current price per square foot is $659. The average price per square foot for Single Family listings in Calgary is $490. The average listing price for Single Family in Calgary is $868,121. To schedule a showing of MLS#a2351440 at 948 31 Avenue NW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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948 31 Avenue NW
Calgary, AB