New Listing
1015 Russet Road Ne, Calgary
$890,000 - 4 Beds, 2 Baths, 960 Sf
MLS® # A2250796
eXp Realty
424 8 Avenue Ne, Calgary
$765,000
5 Beds
2 Baths
1,084 Sqft
.1 Acres
2 Garages
Welcome to 424 8 Ave NE, a rare alley-corner lot (4,500 sq. ft.) in the heart of Renfrew! This prime inner-city location, just steps from Edmonton Trail, Crescent Heights, and minutes to downtown, offers incredible potential for both redevelopment and investment income. The property has been well-maintained and successfully operated as a short-term rental, showcasing its strong revenue-generating ability. In 2024 alone, the main floor achieved an impressive 75% occupancy rate with consistent Airbnb bookings, while the basement suite and garage provided additional rental income. Whether you’re looking to hold as an income property, build your dream home, or explore redevelopment opportunities in one of Calgary’s most desirable communities, this property offers the perfect balance of location, potential, and value. Don’t miss this opportunity to secure a highly versatile lot in a thriving inner-city neighborhood.
Essential Information
MLS® #A2249892
Price$765,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,084
Acres0.10
Year Built1941
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address424 8 Avenue Ne
SubdivisionRenfrew
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2E 0R2
Amenities
Parking Spaces2
ParkingDouble Garage Detached
# of Garages2
Interior
Interior FeaturesSee Remarks
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementExterior Entry, Finished, Full
Appliances
Dryer, Microwave, Refrigerator, Washer, Window Coverings
Exterior
Exterior FeaturesOther
Lot DescriptionCorner Lot
RoofAsphalt Shingle
ConstructionStucco, Wood Frame
FoundationPoured Concrete
Additional Information
ZoningM-CG d72
Listing Details
OfficeCentury 21 Bravo Realty
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