Calgary, AB T2E0P9 316 8 Avenue NE
$820,000



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Presented By: Royal LePage Benchmark
Home Details
**Rare Inner-City Investment Opportunity in Crescent Heights!**Nestled just minutes from downtown, this charming 2-bedroom, 3.5-bathroom home in desirable Crescent Heights offers a unique blend of immediate livability, rental income potential, and future development upside. Each spacious bedroom includes its own ensuite, complemented by a bright living room, dining area, and a well-equipped kitchen. The fully developed basement provides added flexibility for tenants or personal use, and the double detached garage adds value and convenience.Situated on an M-CG zoned lot, this property is ideally suited as a holding property—generating rental income now while appreciating in value for the future. Even more compelling, the **adjacent lot is also available for sale**, combining to form a 50’ x 120’ parcel perfect for higher-density redevelopment (subject to city approval).Whether you’re a builder, investor, or future homeowner, this is a strategic opportunity to secure a revenue-generating property with strong development potential in one of Calgary’s most vibrant inner-city neighbourhoods (id:7434)
Presented By: Royal LePage Benchmark
Interior Features for 316 8 Avenue NE
Other Interior Features
Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentTrue
Building Fireplace Total1
Building Heating TypeForced air
Construction MaterialWood frame
Construction Style AttachmentDetached
Flooring TypeCarpeted, Hardwood, Tile
General for 316 8 Avenue NE
AmenitiesPark, Playground, Schools, Shopping
Building AppliancesRefrigerator, Dishwasher, Stove, Window Coverings, Garage door opener, Washer & Dryer
Building Cooling TypeNone
Building TypeHouse
Building.StoriesTotal2
CommunityNameCrescent Heights
FeaturesBack lane, Level
Foundation TypePoured Concrete
Ownership TypeFreehold
Parking Space Total2
Property TypeSingle Family
Zoning DescriptionM-CG
Exterior for 316 8 Avenue NE
Exterior FinishComposite Siding
Fence TypeFence
Land Amenities Park, Playground, Schools, Shopping
StructureDeck
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty