pillar/IMG-A2222598_1.jpg
3 days on Market

31 Rivercrest Way, Calgary, Alberta T2C 4J8

Detached
2 + 2
2
~1009.67 sqft
$599,900
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Detached
2 + 2
2
~1009.67 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$594/sqft

Est. Mortgage$2,576/mo

Tax Amount (2024)$2,857/yr

Days On Market3 days


Description

Exceptional Live-Up, Rent-Down Opportunity in Desirable Riverbend! Welcome to this beautiful and spacious bi-level home, offering a legal secondary suite—the perfect opportunity for homeowners looking to live in comfort upstairs while offsetting mortgage payments with rental income below ($1,700 per month in rental income for the legal suite alone). Whether you're a first-time buyer or a savvy investor, this property checks all the boxes. The upper level features a bright and airy open-concept layout with a generous living room highlighted by large bay windows that flood the space with natural light. The adjoining dining area offers ample space for hosting, while the well-appointed kitchen includes plenty of storage and a convenient separate side entrance. Completing the upper level is a spacious secondary bedroom, a 4-piece bathroom, and a massive primary retreat featuring dual closets and private access to the bathroom ($2,300 per month previously in rental income for the upper level alone). The fully legal basement suite has its own private entrance and is thoughtfully designed with an open concept living space, large windows, and excellent ceiling height, creating a bright and welcoming environment. The modern kitchen boasts upgraded stainless steel appliances, and the legal suite includes two generous bedrooms, a 4-piece bathroom, and shared access to laundry and storage areas. The legal suite is currently fully tenanted, providing immediate, stable income ($1,700 per month). Step outside to your West-facing backyard oasis—a perfect place to unwind, featuring a large concrete patio, fire pit, and green space ideal for entertaining or relaxing. A rear parking pad for two vehicles adds to the home’s functionality and convenience. Located in the well-established and family-friendly community of Riverbend, this property is close to parks, playgrounds, schools, shopping, and offers easy access to major roadways for a smooth commute. Whether you're looking to enter the market with built-in rental support or add a strong performer to your investment portfolio, this is a rare opportunity you don’t want to miss. Book your showing today and discover the financial freedom of live-up, rent-down living.


Property Details

StyleBi-Level
View-
Age of property1993
SqFt~1009.67 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2222598
Community NameRiverbend
Data SourcePILLAR 9
Listing byReal Estate Professionals Inc.

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full,Suite,Walk-Up To Grade

Main Floor

Kitchen

13`8" x 9`4"

Dining Room

12`0" x 11`4"

Living Room

12`5" x 11`9"

Other

19`0" x 11`0"


Features

Patio: Patio

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

May 20, 2025
ListedActive
$599,900
3 days on market
history photo preview38
Listing by pillar 9®
Property listed by Real Estate Professionals Inc., Brokerage
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Market Data - Riverbend

Geo Zone Map ThumbnailRiverbend

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

16 days

Compared to

2024

2 days

2023

12 days

New Listings

Past 30 days

13 listings

Compared to

2024

7 listings

2023

7 listings

Units sold

Past 30 days

13 units

Compared to

2024

4 units

2023

8 units

Median Sold Price

Past 30 days

$615,000

Compared to

2024

$652,500

2023

$655,000


Population and Demographics

Overview

Total population 8300
Average household income $137,554

Age (%)

50 to 64
28%
35 to 49
20%
0 to 19
18%
20 to 34
18%
65 and plus
16%

Household composition (%)

Single family
76%
Single person
18%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
84%
Tagalog (Pilipino, Filipino)
5%
Others
3%
French
1%
Vietnamese
1%
Punjabi (Panjabi)
1%
Spanish
1%

House tenancy (%)

Owners
89%
Renters
11%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget