1 day on Market

948 31 Ave, Calgary, Alberta T2K 0A5

Detached
4 + 3
4
~1898.00 sqft
$1,250,000
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Detached
4 + 3
4
~1898.00 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$658/sqft

Monthly cost

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Description

Capitalize on a turnkey, revenue-generating INCREDIBLE investment property. This full duplex features 4 fully legal suites that currently collectively generate over $8,000 / month in gross rental income, backed by an exceptional tenant profile & strong leases. Within the last 5 years, the property has undergone nearly $200,000 in comprehensive capital renovations. Major upgrades include two high-end basement legalizations (to make legal suites), updated mechanical systems (3 furnaces & water heater), a newer roof, energy-efficient windows, fresh exterior aesthetics, and optimized outdoor amenities featuring private fenced yards and graded four-car parking. Spanning over 3,300 sq ft across 7 bedrooms and 4 bathrooms, the complex already has excellent tenants in place. Its positioning just one block from Confederation Park & minutes from downtown ensures perpetual high demand and minimal vacancy. With all major heavy lifting completed, this self-managed asset presents a seamless, high-yield expansion opportunity for any real estate portfolio.


Property Details

StyleAttached-Side by Side,Bungalow
View-
Age of property1958
SqFt~1898.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2351440
Community NameCambrian Heights
Data SourcePILLAR 9
Listing byRoyal LePage Benchmark

Features

Heating: Forced Air
Basement: Full,Finished,Separate/Exterior Entry

Main Floor

4pc Bathroom

5`0" x 10`0"

Bedroom

9`2" x 11`6"

Dining Room

10`11" x 9`10"

Kitchen

9`11" x 12`5"


Features

Patio: Front Porch,Patio

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Oct 9, 2026
ListedActive
$1,250,000
1 day on market
history photo preview50
Listing by pillar 9®
Property listed by Royal LePage Benchmark, Brokerage
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Market Data - Cambrian Heights

Geo Zone Map ThumbnailCambrian Heights

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

56 days

Compared to

2025

31 days

2024

113 days

2023

0 day

New Listings

Past 30 days

6 listings

Compared to

2025

6 listings

2024

5 listings

2023

3 listings

Units sold

Past 30 days

4 units

Compared to

2025

3 units

2024

1 unit

2023

0 unit

Median Sold Price

Past 30 days

$927,500

Compared to

2025

$650,000

2024

$685,000


Population and Demographics

Overview

Total population 1360
Average household income $150,626

Age (%)

0 to 19
22%
20 to 34
21%
35 to 49
20%
50 to 64
22%
65 and plus
15%

Household composition (%)

Single family
62%
Single person
29%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
89%
Others
2%
Spanish
2%
Yue (Cantonese)
1%
German
1%
Punjabi (Panjabi)
1%
French
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget