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Attention savvy investors! Here’s your chance to own a truly unique and versatile property in one of Calgary’s most desirable inner-city neighbourhoods. Ideally situated just steps from the vibrant 4th Street Mission district, with its array of trendy shops, acclaimed restaurants, and cozy cafés, this charming two-storey offers incredible income potential. The property features two fully self-contained, legal suites, each with private entrances. The upper unit operates as a licensed Airbnb, delivering consistent short-term rental income, while the main-level unit is currently rented month-to-month, with a strong rental history and high demand. Located on a beautiful, tree-lined street, this property is a magnet for renters and offers exceptional walkability—just minutes from downtown, the Elbow River pathways, and all the urban conveniences your tenants could want. Sitting on a prime 7.6m x 36.6m lot, this site also holds outstanding redevelopment potential, making it ideal for those looking to build new in a high-demand area. Plus, there’s ample parking in the back—an added bonus in this central location. Whether you&#39're looking to grow your rental portfolio or explore future development, this property is fully outfitted, rental-ready, and brimming with possibilities. The exterior was recently painted to refresh the exterior and there is new laminate flooring in the finished basement. Note the basement is accessed through a separate entrance. Don &#39't miss out—schedule your viewing today and discover the value of this incredible Cliff Bungalow gem!
Current real estate data for Single Family in Calgary as of Jul 26, 2025
4,280
Single Family Listed
40
Avg DOM
483
Avg $ / SqFt
$834,938
Avg List Price

Property Details

Price:
$869,000
MLS #:
A2221726
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Detached
Subdivision:
Cliff Bungalow
Listed Date:
May 17, 2025
Finished Sq Ft:
1,539
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1910
Cliff BungalowFinishedFullBack LaneBack YardFront YardRectangular Lot

Schools

Interior

Appliances
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/ Dryer Stacked, Window Coverings
Basement
Finished, Full
Bathrooms Full
2
Laundry Features
Main Level, See Remarks

Exterior

Exterior Features
Balcony, Private Entrance
Lot Features
Back Lane, Back Yard, Front Yard, Rectangular Lot
Parking Features
Off Street, Parking Pad
Parking Total
4
Patio And Porch Features
Balcony(s), Deck
Roof
Asphalt Shingle

Financial

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Subdivisions in Calgary

Property Summary

    Located in the Cliff Bungalow subdivision, 522 21 Avenue SW Calgary AB is a Single Family for sale in Calgary, AB, T2S 0H1. It is listed for $869,000 and features 2 beds, 2 baths, and has approximately 1,539 square feet of living space, and was originally constructed in 1910. The current price per square foot is $565. The average price per square foot for Single Family listings in Calgary is $483. The average listing price for Single Family in Calgary is $834,938. To schedule a showing of MLS#a2221726 at 522 21 Avenue SW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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