948 31 Avenue NW — photo 1
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Duplex

$1,250,000

948 31 Avenue NW, Cambrian Heights, Calgary, Alberta

7
Beds
4
Baths
1,898 sqft
Floor area
Oct 9, 2026
Listed
Property Description

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.

Features & Amenities
Kitchen Island
Quartz Counters
Separate Entrance
Storage
Vinyl Windows
Private Entrance
Private Yard
Additional Information
MLS®
A2351440
Type
Duplex
Status
Active
Year built
1958
Neighbourhood
Cambrian Heights
Lot size
—
Days on market
0 days
Brokerage
Royal LePage Benchmark
Location

948 31 Avenue NW, Calgary, Alberta T2K 0A5

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