948 31 Avenue Nw, Calgary, AB, T2K 0A5
$1,250,000
7
Beds
4
Baths
1,898
Square feet
0.14
Acres
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 of 948 31 Avenue Nw, Calgary
| MLS® # | A2351440 |
|---|---|
| Price | $1,250,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 1,898 |
| Acres | 0.14 |
| Year Built | 1958 |
| Type | Residential |
| Sub-Type | Full Duplex |
| Style | Attached-Side by Side, Bungalow |
| Status | Active |
| Address | 948 31 Avenue Nw |
|---|---|
| Subdivision | Cambrian Heights |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2K 0A5 |
| Zone | Zone CC |
Amenities at 948 31 Avenue Nw, Calgary, AB
| Parking Spaces | 4 |
|---|---|
| Parking | Off Street, Parking Pad |
| Is Waterfront | No |
| Has Pool | No |
| Suite | Yes |
| Interior Features | Kitchen Island, Quartz Counters, Separate Entrance, Storage, Vinyl Windows |
|---|---|
| Appliances | Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Range Hood, Refrigerator, See Remarks, Washer, Window Coverings |
| Heating | Forced Air |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
| Exterior Features | Private Entrance, Private Yard |
|---|---|
| Lot Description | Back Lane, Back Yard, Front Yard, Landscaped, Lawn |
| Roof | Asphalt |
| Construction | Brick, Wood Frame, Wood Siding |
| Foundation | Poured Concrete |
| Date Listed | October 9th, 2026 |
|---|---|
| Zoning | R-C2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
948 31 Avenue Nw, Calgary Listing Details
| Office | Royal LePage Benchmark |
|---|---|
| Website | To see this home contact Chamberlain Real Estate Group to Schedule your tour. |
More About 948 31 Avenue Nw, Calgary, AB
948 31 Avenue Nw Calgary is located in the neighbourhood of Cambrian Heights. The community of Cambrian Heights has 8 available properties. Cambrian Heights makes up 0.12% of the 6,897 total properties listed in Calgary. Homes in Cambrian Heights are listed for an average price of $1,106,099. That is 58.86% higher than the average asking price of $696,291 found across all Calgary properties for sale. If you would like to see other homes like 948 31 Avenue Nw Calgary please reach out to us 403-879-4145. Properties like 948 31 Avenue Nw can come and go quickly and it's a big reason why having a personalized strategy and search set up for you is key. Let us know how we can help so we don't miss out on 948 31 Avenue Nw Calgary or another home like it in the future. Get directions to 948 31 Avenue Nw Calgary.