Yoki & Jeff Nichol

  • $1,199,000
  • $1,199,000
  • Full Duplex, Residential
  • Property Type
  • A2231158
  • MLS #
  • 5
  • Bedrooms
  • 2
  • Bathrooms
  • 2162.04
  • Sq Ft
  • 1978
  • Year Built

Description

Exceptional Investment Opportunity in Renfrew –FULL Duplex (BOTH SIDES!) on One Title with Endless Potential. Here’s your chance to secure a fully equipped side-by-side FULL duplex (#509 and #511! ) on one title, ideally situated on a generous 50′ x 120′ lot in the sought-after inner-city community of Renfrew. Whether you’re a savvy investor looking for strong, immediate cash flow, or a developer exploring redevelopment options, this property checks all the boxes. Each main unit offers 1,081 sqft above grade and features 3 bedrooms (2 up + 1 den/bedroom), updated flooring, bright and spacious living areas with large windows and cozy fireplaces, and functional kitchens designed for everyday comfort. The basement units are 964 sf and have 2 bedrooms, 1 bathroom, living room + kitchen +laundry + den (storage) or it can also be a bedroom if necessary. Private separate basement entrances open the door to converting this property into four self-contained income-generating suites, dramatically increasing your rental potential. Outside, enjoy the convenience of a double detached garage plus an extended parking pad, offering ample space for tenants. Bonus: Both units 509 and 511 are occupied by long-term tenants (11 and 9 years), who would love to stay—providing you with turnkey rental income of $2,800/month and $2,600/month, respectively. Situated just steps from two parks and minutes from Bridgeland’s vibrant shops and restaurants, top-rated schools, public transit, major roadways, downtown Calgary, the Calgary Zoo, and TELUS Spark—this location is truly unbeatable for both renters and future redevelopment. Whether you hold, renovate, or rebuild, this property is a smart investment in a high-demand location. Opportunities like this are rare—act fast!

Additional Details

  • Property ID A2231158
  • Price $1,199,000
  • Property Size 2162.04 Sq Ft
  • Land Area 0.14 Acres
  • Bedrooms 5
  • Bathrooms 2
  • Garage 1
  • Year Built 1978
  • Property Status Active
  • Property Type Full Duplex, Residential
  • PropertySubType Full Duplex
  • Subdivision Renfrew
  • Interior Features No Smoking Home,See Remarks
  • Exterior Features Private Yard
  • Fireplace Features Living Room,Mantle,Wood Burning
  • Appliances Dishwasher,Electric Stove,Range Hood,Refrigerator,Washer/Dryer
  • Style Attached-Side by Side,Bungalow
  • Heating Forced Air,Natural Gas
  • Cooling None
  • Zone R-CG
  • Basement Type Finished,Full,Suite,Walk-Up To Grade
  • Parking Double Garage Detached,Off Street,Oversized,Parking Pad,See Remarks,Stall
  • Days On Market 11
  • Construction Materials Wood Frame
  • Roof Asphalt Shingle
  • Half Baths 0
  • Flooring Carpet,Laminate,Tile,Vinyl Plank
  • Garage Spaces 2
  • LotSize SquareFeet 6006
  • Lot Features Back Lane,Back Yard,See Remarks
  • Community Features Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
  • PatioAndPorch Features See Remarks
Yoki Nichol
Call 403-852-1992