7002 54 Avenue Nw, Calgary

$520,000

5 Beds
3 Baths
976 Sqft
.08 Acres
0 Garages

Vacant and ready for your next tenant—or two! This half-duplex in Silver Springs is a rare find for investors looking for immediate upside and strong rental potential. With a flexible layout and existing separation via a private entrance, this property offers the ability to generate up to $3,300/month in rental income. Upstairs includes three bedrooms and a full bathroom, while the basement features two large private rooms, each with their own ensuite. Turn this into a live up and rent down home! The rear bedroom area is already plumbed and set up to function as a nearly self-contained unit—just one wall away from being fully independent.

With 976 sq ft on the main level and another 800 sq ft in the developed basement, there’s ample space for tenants and excellent utility as a long-term or short-term rental property. Investors will appreciate that the heavy lifting is already done. Live in one unit and rent the other, or set up two separate tenancies with shared laundry—this is a versatile income property that gives you options.

Located on a quiet street in established Silver Springs, this property is just minutes to the community outdoor pool, shopping at Crowfoot Crossing, transit, parks, and pathways along the Bow River. Crowchild Trail and Stoney Trail are easily accessible, offering quick connections across the city or out to the mountains. Whether you’re building your portfolio or entering the market with your first investment, this opportunity checks the boxes for location, layout, and potential.

Essential Information
MLS® #A2219703
Price$520,000
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage976
Acres0.08
Year Built1975
TypeResidential
Sub-TypeSemi Detached
StyleSide by Side, Bi-Level
StatusActive
Community Information
Address7002 54 Avenue Nw
SubdivisionSilver Springs
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3B 4C3
Amenities
Parking Spaces1
ParkingOff Street, Parking Pad
Interior
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFinished, Full, Suite
FireplaceYes
# of Fireplaces1
FireplacesWood Burning
Interior Features

No Animal Home, No Smoking Home

Appliances

Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer

Exterior
Exterior FeaturesPrivate Yard
RoofTar/Gravel
ConstructionStucco
FoundationPoured Concrete
Lot Description

Back Yard, Corner Lot, Low Maintenance Landscape

Additional Information
ZoningR-CG
Office

RE/MAX Real Estate (Mountain View)

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