206 23 Avenue Ne Calgary, Alberta T2E 1V7

3 Bedroom 2 Bathroom 855.96 sqft
Bungalow None Forced Air Landscaped, Lawn


CALLING ALL INVESTORS | Illegal Basement Suite | BUILD PLANS & PERMITS AVAILABLE | 50x119 RC-2 Lot | DETACHED GARAGE | 3 Bed - 2 Bath |Build on it or rent it out top & bottom separately with the illegal basement suite. This home is the perfect rental investment property AND future development property. This stunning bungalow on an expansive 50x119 lot is a rare investment opportunity that cannot be missed. The property has undergone numerous renovations, including installing a newer furnace, hot water tank, windows & doors, deck, and vinyl flooring. The potential for generating substantial income is unmatched, as the property can be leased as a whole or rented out separately from the basement unit.The living room is beautifully designed with vinyl floors that add to the overall elegance of the property. The main floor houses two bedrooms and an updated 4-piece bath. The elegant kitchen has seen updated countertops & cabinets and leads out to a private deck overlooking the vast backyard with a single garage and alley access.The illegal basement unit, which is finished and has a private entrance to a one-bedroom suite, opens to a spacious kitchen fitted with a gas stove and fridge. It also includes a 3-piece bathroom and shared laundry area. Currently, the home is being rented for $2200 plus utilities. There is room for improvement as rents have gone up near 30% since last year. The tenants would love to stay! There are plans available for a modern duplex build. Sleek lines really make these units stand out. This property is surrounded by NEW HOMES! The infills on this street truly uphold the value.This exceptional property is a promising source of revenue with excellent prospects for future development in a serene neighborhood conveniently located near the University of Calgary, SAIT, downtown, and an array of trendy restaurants and amenities. Take advantage of this unique opportunity to acquire a lucrative revenue property with exceptional earning poten tial. (id:41914)

Property Details

MLS® Number A2034963
Property Type Single Family
Community Name Tuxedo Park
Amenities Near By Park, Playground, Recreation Nearby
Features Closet Organizers
Parking Space Total 2
Plan 1367o
Structure Deck


Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Appliances Washer, Refrigerator, Gas Stove(s), Dishwasher, Dryer, Hood Fan, Garage Door Opener
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1949
Construction Material Poured Concrete, Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Concrete, Stucco
Fire Protection Smoke Detectors
Flooring Type Carpeted, Ceramic Tile, Hardwood, Laminate, Vinyl
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 855.96 Sqft
Total Finished Area 855.96 Sqft
Type House


Detached Garage 1


Acreage No
Fence Type Cross Fenced, Fence
Land Amenities Park, Playground, Recreation Nearby
Landscape Features Landscaped, Lawn
Size Depth 36.2 M
Size Frontage 15.25 M
Size Irregular 552.00
Size Total 552 M2|4,051 - 7,250 Sqft
Size Total Text 552 M2|4,051 - 7,250 Sqft
Zoning Description R-c2


Level Type Dimensions
Basement Laundry Room 18.08 Ft x 6.83 Ft
Basement Furnace 14.00 Ft x 6.17 Ft
Basement Kitchen 16.75 Ft x 9.75 Ft
Basement Family Room 14.92 Ft x 11.83 Ft
Basement Bedroom 8.42 Ft x 10.83 Ft
Basement 3pc Bathroom 6.67 Ft x 9.08 Ft
Main Level Kitchen 13.08 Ft x 11.17 Ft
Main Level Living Room 16.83 Ft x 12.33 Ft
Main Level Bedroom 10.25 Ft x 11.33 Ft
Main Level Bedroom 12.00 Ft x 10.08 Ft
Main Level 4pc Bathroom 4.92 Ft x 7.58 Ft



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