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424 8 Avenue NE, Calgary, Alberta

$765,000

5 Beds
2 Baths
1,084 Square Feet

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. (id:59963)

Listing ID: A2249892
Property Type: Single Family
Year Built: 1941

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Rooms

Level	Type	Dimensions
3pc Bathroom	Basement	5.25 Ft x 7.00 Ft
Bedroom	Basement	11.58 Ft x 9.17 Ft
Kitchen	Basement	13.33 Ft x 13.67 Ft
Living room	Basement	10.67 Ft x 10.08 Ft
Bedroom	Basement	10.58 Ft x 13.25 Ft
4pc Bathroom	Main level	7.92 Ft x 6.00 Ft
Bedroom	Main level	11.17 Ft x 10.00 Ft
Bedroom	Main level	11.25 Ft x 9.92 Ft
Dining room	Main level	13.67 Ft x 9.92 Ft
Foyer	Main level	3.92 Ft x 3.58 Ft
Kitchen	Main level	13.67 Ft x 12.58 Ft
Living room	Main level	13.67 Ft x 12.58 Ft
Bedroom	Main level	11.17 Ft x 10.00 Ft
Other	Main level	11.75 Ft x 4.08 Ft
Sunroom	Main level	8.67 Ft x 9.58 Ft

Details

Architectural Style: Bungalow
Amenities Nearby: Park, Playground, Recreation Nearby, Schools, Shopping
Features: See remarks
Ownership: Freehold
Parking Spaces: 2
Plan: 470P
Structure: Deck
Transaction: For sale
Zoning Description: M-CG d72

Building

Appliances: Washer, Refrigerator, Dryer, Microwave, Window Coverings
Architectural Style: Bungalow
BasementType: Full (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Constructed Date: 1941
Constructed Material: Wood frame
Construction Style Attachment: Detached
Cooling: None
Exterior Finish: Stucco
Fireplace Present: False
Flooring: Ceramic Tile, Hardwood
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1084 sqft
Stories Total: 1
Total Finished Area: 1083.86 sqft
Type: House

Land

Amenities: Park, Playground, Recreation Nearby, Schools, Shopping
Fence: Partially fenced
Size Frontage: 11.43 m
Size Irregular: 418.00
Size Total: 418 m2|4,051 - 7,250 sqft

Listing provided by Century 21 Bravo Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 424 8 Avenue NE in Calgary Ontario. It was last modified on August 21st, 2025. Contact Jobbagy Stephen & Associates Real Estate to schedule a viewing or to discover other Calgary real estate for sale.

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