1468 Renfrew Drive NE, Calgary, Alberta, T2E 5J5
1468 Renfrew Drive NE, Calgary, Alberta, T2E 5J5
Renfrew, Calgary
- $725,000
- $725,000
- A2266127
- 3
- 2
- 1232.00
- 0.14
- 1955
Property Description
Seize a rare opportunity with this remarkable 1,260+ sq ft bungalow, perfectly situated on a massive 70 x 100 foot R-CG corner lot in the coveted community of Renfrew. This property is a genuine powerhouse for investors, builders, and savvy homeowners seeking immediate income and explosive future value. Development Potential is Unmatched: This premium R-CG inner-city corner lot allows for diverse and valuable future development. Envision building your dream luxury home, or maximizing return with semi-detached duplexes that offer options for secondary suites (either basement or laneway housing) The rare side alley provides valuable additional privacy and optimal accessibility for future construction. Immediate Income & Classic Charm: Enjoy instant cash flow with a completely self-contained 1-bedroom illegal suite featuring its own separate entrance and 4-piece bath. The main level delivers spacious comfort with two oversized bedrooms and a 4-piece bathroom. The home exudes character with a range of tasteful updates, including rich hardwood floors, slate accents, wainscoting, a cove ceiling, and maple cabinetry. The bright kitchen is functional and inviting, opening onto an outdoor deck through patio doors for seamless entertaining. Turnkey Confidence & Location: Peace of mind comes standard with recent major mechanical updates: a new furnace, hot water tank, basement windows, and shingles. The exterior offers a serene escape, surrounded by mature trees with a private yard and back patio. Ample parking is provided by a single attached garage and a long driveway. Located on a quiet street, you are moments from downtown Calgary, the airport, extensive walking paths, and excellent schools—putting you at the epicenter of city convenience and community living. This is more than a home; it’s a strategic land acquisition offering positive cash flow and incredible leverage in one of Calgary’s most desirable inner-city locations.
Property Details
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Property Type Detached, Residential
-
MLS Number A2266127
-
Property Size 1232.00 sqft
-
Bedrooms 3
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Bathrooms 2
-
Garage 1
-
Year Built 1955
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Property Status Active
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Parking 2
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Brokerage name eXp Realty
Features & Amenities
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