316 8 Avenue Ne, Calgary

$820,000

2 Beds
4 Baths
1,471 Sqft
.07 Acres
2 Garages

**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

Essential Information
MLS® #A2215699
Price$820,000
Bedrooms2
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,471
Acres0.07
Year Built1994
TypeResidential
Sub-TypeDetached
Style2 Storey
StatusActive
Community Information
Address316 8 Avenue Ne
SubdivisionCrescent Heights
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2E 0P9
Amenities
Parking Spaces2
ParkingDouble Garage Detached
# of Garages2
Interior
Interior FeaturesBar, Natural Woodwork
HeatingForced Air
CoolingNone
Has BasementYes
BasementFinished, Full
FireplaceYes
# of Fireplaces1
Appliances

Dishwasher, Electric Stove, Garage Control(s), Refrigerator, Washer/Dryer, Window Coverings

Fireplaces

Living Room, Wood Burning, Gas Starter

Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt Shingle
ConstructionComposite Siding, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Level, Private

Additional Information
ZoningM-CG
Listing Details
OfficeRoyal LePage Benchmark
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