Investor Alert! Discover the endless potential of this solid bungalow on a massive corner lot—complete with a LEGAL secondary basement suite! Whether you&#39're looking to invest, redevelop, or live up and rent down, this property offers the perfect opportunity for the savvy investor.

Step onto the expansive wraparound front and side deck, or enjoy the private covered side patio—perfect for entertaining or relaxing outdoors. Inside the main floor, you&#39'll find updated laminate flooring, a renovated kitchen with ample cabinetry and a built-in dishwasher, fresh paint, new vinyl windows, and an upgraded 4-piece bathroom. Two spacious bedrooms complete the main level.

A new high-efficiency furnace provides independent climate control for the upper suite, ensuring year-round comfort.

Downstairs, the legal basement suite is fully registered with the City of Calgary and built to code, featuring its own dedicated high-efficiency furnace, a bright and open living area with room for a dining table, a generous bedroom with proper egress windows, and another full 4-piece bathroom.

The home is fully landscaped with a huge backyard and a single-car garage. The perfect holding property until you are ready to redevelop, this is one you don’t want to miss.

Property Details

Price:
$699,888
MLS #:
A2231190
Status:
Active
Beds:
3
Baths:
2
Address:
540 17 Avenue NE
Type:
Single Family
Subtype:
Detached
Subdivision:
Winston Heights/Mountview
City:
Calgary
Listed Date:
Jun 14, 2025
Province:
AB
Finished Sq Ft:
811
Postal Code:
211
Lot Size:
6,803 sqft / 0.16 acres (approx)
Year Built:
1948

Schools

Interior

Appliances
Dishwasher, Dryer, Electric Cooktop, Electric Stove, Microwave, Range Hood, Refrigerator, Washer
Basement
Separate/ Exterior Entry, Finished, Full, Suite
Bathrooms Full
2
Laundry Features
Common Area, In Basement, In Unit

Exterior

Exterior Features
Private Entrance, Private Yard
Lot Features
Back Lane, Back Yard, Corner Lot, Front Yard, Irregular Lot, Landscaped, Lawn, Low Maintenance Landscape, Private
Parking Features
Parking Pad, Single Garage Detached
Parking Total
2
Patio And Porch Features
Deck, Front Porch, Side Porch
Roof
Asphalt Shingle

Financial

Map

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540 17 Avenue NE
Calgary, AB