522 21 Avenue SW
Calgary, AB, T2S 0H1
$869,000
2 Beds
2 Baths
1,539 SqFt
0.07 Acres
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Attention savvy investors! Here’s your chance to own a truly unique and versatile property in one of Calgary’s most desirable inner-city neighbourhoods. Ideally situated just steps from the vibrant 4th Street Mission district, with its array of trendy shops, acclaimed restaurants, and cozy cafés, this charming two-storey offers incredible income potential. The property features two fully self-contained, legal suites, each with private entrances. The upper unit operates as a licensed Airbnb, delivering consistent short-term rental income, while the main-level unit is currently rented month-to-month, with a strong rental history and high demand. Located on a beautiful, tree-lined street, this property is a magnet for renters and offers exceptional walkability—just minutes from downtown, the Elbow River pathways, and all the urban conveniences your tenants could want. Sitting on a prime 7.6m x 36.6m lot, this site also holds outstanding redevelopment potential, making it ideal for those looking to build new in a high-demand area. Plus, there’s ample parking in the back—an added bonus in this central location. Whether you&#39're looking to grow your rental portfolio or explore future development, this property is fully outfitted, rental-ready, and brimming with possibilities. The exterior was recently painted to refresh the exterior and there is new laminate flooring in the finished basement. Note the basement is accessed through a separate entrance. Don &#39't miss out—schedule your viewing today and discover the value of this incredible Cliff Bungalow gem!

Property Details

Price:
$869,000
MLS #:
A2221726
Status:
Active
Beds:
2
Baths:
2
Address:
522 21 Avenue SW
Type:
Single Family
Subtype:
Detached
Subdivision:
Cliff Bungalow
City:
Calgary
Listed Date:
May 17, 2025
Province:
AB
Finished Sq Ft:
1,539
Postal Code:
201
Lot Size:
3,013 sqft / 0.07 acres (approx)
Year Built:
1910
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Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.

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Schools

Interior

Appliances
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/ Dryer Stacked, Window Coverings
Basement
Finished, Full
Bathrooms Full
2
Laundry Features
Main Level, See Remarks

Exterior

Exterior Features
Balcony, Private Entrance
Lot Features
Back Lane, Back Yard, Front Yard, Rectangular Lot
Parking Features
Off Street, Parking Pad
Parking Total
4
Patio And Porch Features
Balcony(s), Deck
Roof
Asphalt Shingle

Financial

Map

Community

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522 21 Avenue SW
Calgary, AB