316 8 Avenue NE, Calgary, Alberta
$820,000
- 2 Beds
- 4 Baths
- 1,471 Square Feet
**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:23309)
- Listing ID: A2215699
- Property Type: Single Family
- Year Built: 1994
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 316 8 Avenue NE in Calgary Ontario. It was last modified on April 30th, 2025. Contact the Farell Partners Realty Group to schedule a viewing or to discover other Calgary real estate for sale.