Seize a rare opportunity with this remarkable 1,260+ sq ft bungalow, perfectly situated on a massive 70 x 100 foot R-CG corner lot in the coveted community of Renfrew. This property is a genuine powerhouse for investors, builders, and savvy homeowners seeking immediate income and explosive future value. Development Potential is Unmatched: This premium R-CG inner-city corner lot allows for diverse and valuable future development. Envision building your dream luxury home, or maximizing return with semi-detached duplexes that offer options for secondary suites (either basement or laneway housing) The rare side alley provides valuable additional privacy and optimal accessibility for future construction. Immediate Income & Classic Charm: Enjoy instant cash flow with a completely self-contained 1-bedroom illegal suite featuring its own separate entrance and 4-piece bath. The main level delivers spacious comfort with two oversized bedrooms and a 4-piece bathroom. The home exudes character with a range of tasteful updates, including rich hardwood floors, slate accents, wainscoting, a cove ceiling, and maple cabinetry. The bright kitchen is functional and inviting, opening onto an outdoor deck through patio doors for seamless entertaining. Turnkey Confidence & Location: Peace of mind comes standard with recent major mechanical updates: a new furnace, hot water tank, basement windows, and shingles. The exterior offers a serene escape, surrounded by mature trees with a private yard and back patio. Ample parking is provided by a single attached garage and a long driveway. Located on a quiet street, you are moments from downtown Calgary, the airport, extensive walking paths, and excellent schools—putting you at the epicenter of city convenience and community living. This is more than a home; it’s a strategic land acquisition offering positive cash flow and incredible leverage in one of Calgary’s most desirable inner-city locations. (id:53676)
| Bathroom Total | 2 | Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 1 | Bedrooms Total | 3 |
| Appliances | Refrigerator, Dishwasher, Stove, Washer & Dryer | Architectural Style | Bungalow |
| Basement Development | Finished | Basement Features | Separate Entrance |
| Basement Type | Full (finished) | Constructed Date | 1955 |
| Construction Material | Wood Frame | Construction Style Attachment | Detached |
| Cooling Type | None | Exterior Finish | Stucco |
| Flooring Type | Carpeted, Hardwood, Stone | Foundation Type | Poured Concrete |
| Heating Type | Forced Air | Stories Total | 1 |
| Size Interior | 1232 Sqft | Total Finished Area | 1232 Sqft |
| Type | House |
| Other | |
| Attached Garage | 1 |
| Acreage | No | Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping | Size Depth | 30.39 M |
| Size Frontage | 21.33 M | Size Irregular | 555.00 |
| Size Total | 555 M2|4,051 - 7,250 Sqft | Size Total Text | 555 M2|4,051 - 7,250 Sqft |
| Zoning Description | Rc-g |
| Level | Type | Dimensions |
|---|---|---|
| Basement | Family Room | 12.00 Ft x 18.00 Ft |
| Basement | Other | 9.33 Ft x 14.00 Ft |
| Basement | Bedroom | 11.75 Ft x 14.00 Ft |
| Basement | 4pc Bathroom | Measurements not available |
| Main Level | Living Room | 18.17 Ft x 19.67 Ft |
| Main Level | Kitchen | 10.17 Ft x 14.17 Ft |
| Main Level | Dining Room | 7.08 Ft x 12.25 Ft |
| Main Level | Primary Bedroom | 12.25 Ft x 12.67 Ft |
| Main Level | Bedroom | 8.33 Ft x 11.67 Ft |
| Main Level | 4pc Bathroom | Measurements not available |
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