316 8 Avenue NE
Calgary T2E 0P9
MLS® Number: A2215699
$ 820,000
2
BEDROOMS
3 + 1
BATHROOMS
1,471
SQUARE FEET
1994
YEAR BUILT
**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
| COMMUNITY | Crescent Heights |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | 2 Storey |
| YEAR BUILT | 1994 |
| SQUARE FOOTAGE | 1,471 |
| BEDROOMS | 2 |
| BATHROOMS | 4.00 |
| BASEMENT | Finished, Full |
| AMENITIES | |
| APPLIANCES | Dishwasher, Electric Stove, Garage Control(s), Refrigerator, Washer/Dryer, Window Coverings |
| COOLING | None |
| FIREPLACE | Gas Starter, Living Room, Wood Burning |
| FLOORING | Carpet, Hardwood, Tile |
| HEATING | Forced Air |
| LAUNDRY | In Basement |
| LOT FEATURES | Back Lane, Back Yard, Level, Private |
| PARKING | Double Garage Detached |
| RESTRICTIONS | None Known |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | Royal LePage Benchmark |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Furnace/Utility Room | 8`7" x 17`1" | Basement |
| Game Room | 20`1" x 14`10" | Basement |
| 3pc Bathroom | 8`4" x 6`3" | Basement |
| Living Room | 15`9" x 11`8" | Main |
| Dining Room | 12`5" x 13`11" | Main |
| Kitchen | 12`10" x 15`11" | Main |
| 2pc Bathroom | 6`4" x 3`8" | Main |
| Foyer | 7`4" x 4`3" | Main |
| Bedroom - Primary | 15`10" x 16`0" | Second |
| Bedroom | 14`4" x 13`7" | Second |
| 4pc Ensuite bath | 11`0" x 8`8" | Second |
| 4pc Ensuite bath | 7`9" x 4`1" | Second |
