616 34 Avenue NE
Calgary T2E 2K2
MLS® Number: A2313617
$ 699,000
4
BEDROOMS
2 + 0
BATHROOMS
940
SQUARE FEET
1956
YEAR BUILT
PRIME INVESTMENT OPPORTUNITY with LEGAL BASEMENT SUITE. This well-maintained bungalow offers strong income potential and flexibility for investors or homeowners. The MAIN FLOOR is currently rented for $1,750/MONTH, while the LEGAL BASEMENT SUITE has been successfully used as an AIRBNB. Situated on a large 5,768 SQ.FT. RCG ZONED LOT, this property also offers excellent FUTURE REDEVELOPMENT POTENTIAL. The home features approximately 939.58 SQ.FT. ABOVE GRADE with SEPARATE LIVING SPACES, UPDATED MECHANICALS, RENOVATED INTERIORS, and excellent functionality throughout. MAIN FLOOR includes a SPACIOUS KITCHEN, LARGE LIVING AREA, and 3 BEDROOMS. The FULLY DEVELOPED LEGAL BASEMENT SUITE offers additional living space with PRIVATE ACCESS, making it ideal for SHORT-TERM or LONG-TERM RENTAL INCOME. Conveniently located close to DOWNTOWN, TRANSIT, DEERFOOT TRAIL, SCHOOLS, PARKS, SHOPPING, and WINSTON GOLF CLUB. Great opportunity for CASH FLOW, MORTGAGE HELPER POTENTIAL, or FUTURE REDEVELOPMENT.
| COMMUNITY | Winston Heights/Mountview |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1956 |
| SQUARE FOOTAGE | 940 |
| BEDROOMS | 4 |
| BATHROOMS | 2.00 |
| BASEMENT | Full |
| AMENITIES | |
| APPLIANCES | Dryer, Electric Stove, Microwave, Refrigerator, Washer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Linoleum |
| HEATING | Forced Air |
| LAUNDRY | Common Area, In Basement |
| LOT FEATURES | Back Lane, Back Yard, Lawn, Rectangular Lot |
| PARKING | Carport, Single Garage Detached |
| RESTRICTIONS | Restrictive Covenant-Building Design/Size |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | PropZap Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Furnace/Utility Room | 10`4" x 14`11" | Basement |
| Kitchen | 9`3" x 10`11" | Basement |
| 3pc Bathroom | 10`1" x 8`3" | Basement |
| Bedroom | 16`10" x 9`11" | Basement |
| Game Room | 11`11" x 28`0" | Basement |
| Living Room | 11`5" x 17`11" | Main |
| Kitchen | 11`8" x 16`7" | Main |
| Bedroom | 7`8" x 12`0" | Main |
| 4pc Bathroom | 8`2" x 5`2" | Main |
| Bedroom - Primary | 11`6" x 10`11" | Main |
| Bedroom | 11`5" x 8`0" | Main |
