DuplexActive

Cambrian Heights · Calgary

948 31 Avenue NW, Calgary

$1,250,000

Cambrian Heights, Calgary, Alberta T2K 0A5 · MLS® A2351440

7
Bedrooms: 4
Bathrooms: 1,898
Sq ft above grade: $659
Per sq ft

About This Property

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.

View the virtual tour

Secondary suite: 3 legal suites

Location: Suite Attached/Within Primary Dwelling

Basement

Property Details

Interior

Bedrooms: 7
Bathrooms: 4 full
Rooms above grade: 10
Above grade: 1,898 sq ft
Total finished: 1,898 sq ft
Basement: Full · Finished
Laundry: In Basement, Main Level, Multiple Locations

Interior features

Kitchen Island
Quartz Counters
Separate Entrance
Storage
Vinyl Windows

Flooring

Carpet
Ceramic Tile
Vinyl

Building

Property type: Duplex
Structure: Duplex
Style: Attached-Side by Side, Bungalow
Levels: One
Year built: 1958
Front exposure: S
Entry level: 1
Common walls: 1 Common Wall

Construction

Brick
Wood Frame
Wood Siding

Roof

Asphalt

Foundation

Poured Concrete

Heating, cooling & services

Heating: Forced Air
Cooling: None

Parking

Garage: None
Parking: Off Street, Parking Pad
Total parking: 4 spaces

Lot & outdoors

Lot size: 5,995 sq ft
Acreage: 0.14 acres
Frontage: 58.11 ft
Fencing: Fenced, Partial

Lot features

Back Lane
Back Yard
Front Yard
Landscaped
Lawn

Outdoor living

Front Porch
Patio

Exterior features

Private Entrance
Private Yard

In the community

Park
Playground
Schools Nearby
Shopping Nearby
Sidewalks
Walking/Bike Paths

Costs & ownership

Annual property tax: $7,048 (2026)
Title: Fee Simple
Ownership: Private
Zoning: R-C2
Restrictions: None Known

Listing & availability

MLS® number: A2351440
Listed: Oct 9, 2026
Days on market: 0
Possession: Negotiable
Listing office: Royal LePage Benchmark

Included in the sale

Appliances: Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Range Hood, Refrigerator, Washer, Window Coverings

Other inclusions: Shed

Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.

Selling to buy?

Need to sell your current home to buy this one? Stephen will prepare a free evaluation of your current home.

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Estimated Monthly Cost

$6,116.50/mo

Mortgage: $5,529.17
Property tax: $587.33

20% down · 4.49% · 25-yr amortization · estimate only. Excludes insurance, utilities and closing costs.

Contact me for bookings or more information

Questions about this listing, or ready to view it? Stephen will follow up shortly.

Prefer to talk? (403) 827-4943

Listed by Royal LePage Benchmark

Data provided under license by Pillar 9™.

Listing data updated Oct 9, 2026, 7:35 a.m. MT.

Selling

Thinking of listing your home?

Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.

Request a free evaluation