316 8 Avenue NE
Calgary
T2E 0P9
$820,000
Residential
beds: 2
baths: 4.0
1,471 sq. ft.
built: 1994
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2215699
- Bedrooms:
- 2
- Bathrooms:
- 4
- Year Built:
- 1994
- Photos (35)
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**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
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- 30 Days / Neg
- Suite:
- No
- Home Style:
- 2 Storey
- Total Living Area:
- 1,471.25 sq. ft.
- Main Level Finished Area:
- 744.08 sq. ft.
- Upper Level Finished Area:
- 727.17 sq. ft.
- Taxes:
- $4,319 / 2024
- Tax Assessed Value:
- 666000.0
- Lot Area:
- 3,003 sq. ft.
- Lot Frontage:
- 25'
- Front Exposure:
- South
- Levels:
- Two
- Total Rooms Above Grade:
- 6
- Year built:
- 1994 (Age: 31)
- Bedrooms:
- 2 (Above Grd: 2)
- Bedrooms Above Grade:
- 2
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 4.0 (Full:3, Half:1)
- Plan:
- 470P
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Composite Siding, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- Yes
- Flooring:
- Carpet, Hardwood, Tile
- Cooling:
- None
- Fireplaces:
- 1
- Fireplace Details:
- Gas Starter, Living Room, Wood Burning
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached
- Parking Places:
- 2
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement
- Crescent Heights
- Dishwasher, Electric Stove, Garage Control(s), Refrigerator, Washer/Dryer, Window Coverings
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 15'9" × 11'8"
- Main Floor
- Dining Room
- 13'11" × 12'5"
- Main Floor
- Kitchen
- 15'11" × 12'10"
- Main Floor
- Foyer
- 7'4" × 4'3"
- 2nd Floor
- Bedroom - Primary
- 16' × 15'10"
- 2nd Floor
- Bedroom
- 14'4" × 13'7"
- Basement
- Furnace/Utility Room
- 17'1" × 8'7"
- Basement
- Game Room
- 20'1" × 14'10"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 3'8" x 6'4"
- 2nd Floor
- Yes
- 4
- 8'8" x 11'
- 2nd Floor
- Yes
- 4
- 4'1" x 7'9"
- Basement
- No
- 3
- 6'3" x 8'4"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby
- Interior Features:
- Bar, Natural Woodwork
- Exterior Features:
- Private Yard
- Patio And Porch Features:
- Deck, Front Porch
- Lot Features:
- Back Lane, Back Yard, Level, Private
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-CG
- Listed Date:
- Apr 29, 2025
- Days on Mkt:
- 24
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Virtual Tour
Listed by Royal LePage Benchmark
Data was last updated May 23, 2025 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 42
- Avg list price:
- $392,000
- Min list price:
- $219,900
- Max list price:
- $2,390,000
- Avg days on market:
- 39
- Min days on market:
- 3
- Max days on market:
- 223
- Avg price per sq.ft.:
- $507.28
These statistics are generated based on the current listing's property type
and located in
Crescent Heights. Average values are
derived using median calculations.
- PATRICK MURPHY
- ROYAL LEPAGE BENCHMARK
- 1 (403) 7086276
- Contact by Email
Patrick Murphy
110, 7220 Fisher St., SE, Calgary, AB T2H 2H8