**Rare Inner-City Investment Opportunity in Crescent Heights!**

Nestled just minutes from downtown, this charming 2-bedroom, 3.5-bathroom home in desirable Crescent Heights offers a unique blend of immediate livability, rental income potential, and future development upside. Each spacious bedroom includes its own ensuite, complemented by a bright living room, dining area, and a well-equipped kitchen. The fully developed basement provides added flexibility for tenants or personal use, and the double detached garage adds value and convenience.
Situated on an M-CG zoned lot, this property is ideally suited as a holding property—generating rental income now while appreciating in value for the future. Even more compelling, the **adjacent lot is also available for sale**, combining to form a 50’ x 120’ parcel perfect for higher-density redevelopment (subject to city approval).

Whether you’re a builder, investor, or future homeowner, this is a strategic opportunity to secure a revenue-generating property with strong development potential in one of Calgary’s most vibrant inner-city neighbourhoods

Property Details

Price:
$820,000
MLS #:
A2215699
Status:
Active
Beds:
2
Baths:
4
Address:
316 8 Avenue NE
Type:
Single Family
Subtype:
Detached
Subdivision:
Crescent Heights
City:
Calgary
Listed Date:
Apr 30, 2025
Province:
AB
Finished Sq Ft:
1,471
Postal Code:
209
Lot Size:
3,003 sqft / 0.07 acres (approx)
Year Built:
1994

Schools

Interior

Appliances
Dishwasher, Electric Stove, Garage Control(s), Refrigerator, Washer/ Dryer, Window Coverings
Basement
Finished, Full
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
In Basement

Exterior

Exterior Features
Private Yard
Lot Features
Back Lane, Back Yard, Level, Private
Parking Features
Double Garage Detached
Parking Total
2
Patio And Porch Features
Deck, Front Porch
Roof
Asphalt Shingle

Financial

Map

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316 8 Avenue NE
Calgary, AB