1913 24 Avenue NW, CALGARY

2025-09-05
 

Quick Summary

Location
1913 24 Avenue NW, CALGARY, Alberta T2M1Z4
Price
$849,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1468 sqft
Bedrooms:
3 bed +3
Bathrooms:
3
Year of Construction:
1951

MLS®#A2254712

Property Description

Prime Investor Alert: Cash Flow & Development Potential in Capitol Hill - Instant Cash Flow with unrivaled potential and Unbeatable location!! Secure your stake in Calgary's burgeoning real estate market with this phenomenal bungalow in highly coveted Capitol Hill. This isn't just acquiring a home; it's securing a proven income-generating machine that immediately yields exceptional returns while simultaneously offering massive future upside. Step into immediate profitability! The existing six-bedroom configuration, complete with a finished basement, is currently generating a remarkable $4,000.00 per month in rental revenue—a robust cash flow that covers your costs from day one. The demand for this address is unparalleled; you'll enjoy a steady, high-quality stream of tenants eager for the tranquility of Capitol Hill, all while being just steps away from two of Calgary's most prestigious post-secondary institutions: the University of Calgary (U of C) and SAIT. Crucially, the long-term value is locked in the land. The savvy current owner has already invested in the future by completing three distinct sets of development permit drawings. This preparation allows the next owner to immediately choose their ideal exit strategy, whether it be an infill, duplex, or a fully legalized multi-suite conversion, maximizing the return on investment (all subject to municipal by-laws). This property is perfectly positioned for the investor looking for the rare combination of strong current cash flow and significant future appreciation. This is a Priced to SELL opportunity—a chance to own a true piece of Calgary's future. Don't delay - contact us today to unlock the full development and financial potential this property holds!. 24th Avenue has special zoning and the City will allow 3 storey multi-family buildings/ apartments. Priced to SELL - CALL TODAY! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Course, Park, Playground, Schools, Shopping

Building

  • Appliances: Refrigerator, Dishwasher, Stove, Microwave, Microwave Range Hood Combo, See remarks
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Concrete, See Remarks
  • Fireplace: No
  • Flooring Type: Ceramic Tile, Hardwood, Vinyl, Vinyl Plank
  • Interior Size: 1468 sqft
  • Building Type: House
  • Stories: 1

Features

  • Feature: Treed, See remarks, Back lane, PVC window, Level

Land

  • Land Size: 675 m2|7,251 - 10,889 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R-CG

Information entered by CIR Realty
Listing information last updated on: 2025-11-03 21:49:27


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Are your listings on MLS® and realtor.ca?

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April Isaac Associate

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Email:
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homesbydabs@gmail.com
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