616 34 Ne Avenue, Calgary, Alberta T2E 2K2

$699,000

About This Property

PRIME INVESTMENT OPPORTUNITY with LEGAL BASEMENT SUITE. This well-maintained bungalow offers strong income potential and flexibility for investors or homeowners. The MAIN FLOOR is currently rented for $1,750/MONTH, while the LEGAL BASEMENT SUITE has been successfully used as an AIRBNB. Situated on a large 5,768 SQ.FT. RCG ZONED LOT, this property also offers excellent FUTURE REDEVELOPMENT POTENTIAL. The home features approximately 939.58 SQ.FT. ABOVE GRADE with SEPARATE LIVING SPACES, UPDATED MECHANICALS, RENOVATED INTERIORS, and excellent functionality throughout. MAIN FLOOR includes a SPACIOUS KITCHEN, LARGE LIVING AREA, and 3 BEDROOMS. The FULLY DEVELOPED LEGAL BASEMENT SUITE offers additional living space with PRIVATE ACCESS, making it ideal for SHORT-TERM or LONG-TERM RENTAL INCOME. Conveniently located close to DOWNTOWN, TRANSIT, DEERFOOT TRAIL, SCHOOLS, PARKS, SHOPPING, and WINSTON GOLF CLUB. Great opportunity for CASH FLOW, MORTGAGE HELPER POTENTIAL, or FUTURE REDEVELOPMENT.

Location