PRIME INVESTMENT OPPORTUNITY with LEGAL BASEMENT SUITE. This well-maintained bungalow offers strong income potential and flexibility for investors or homeowners. The MAIN FLOOR is currently rented for $1,750/MONTH, while the LEGAL BASEMENT SUITE has been successfully used as an AIRBNB. Situated on a large 5,768 SQ.FT. RCG ZONED LOT, this property also offers excellent FUTURE REDEVELOPMENT POTENTIAL. The home features approximately 939.58 SQ.FT. ABOVE GRADE with SEPARATE LIVING SPACES, UPDATED MECHANICALS, RENOVATED INTERIORS, and excellent functionality throughout. MAIN FLOOR includes a SPACIOUS KITCHEN, LARGE LIVING AREA, and 3 BEDROOMS. The FULLY DEVELOPED LEGAL BASEMENT SUITE offers additional living space with PRIVATE ACCESS, making it ideal for SHORT-TERM or LONG-TERM RENTAL INCOME. Conveniently located close to DOWNTOWN, TRANSIT, DEERFOOT TRAIL, SCHOOLS, PARKS, SHOPPING, and WINSTON GOLF CLUB. Great opportunity for CASH FLOW, MORTGAGE HELPER POTENTIAL, or FUTURE REDEVELOPMENT.
Address
616 34 Avenue NE
List Price
$699,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Winston Heights/Mountview
Bedrooms
4
Bathrooms
2
Floor Area
940 Sq. Ft.
Lot Size
5768 Sq. Ft.
Year Built
1956
MLS® Number
A2313617
Listing Brokerage
PropZap Realty
Basement Area
Full
Postal Code
T2E 2K2
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Lawn, Schools Nearby, Park, Rectangular Lot