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Elizabeth Chi

eli@elichi.ca +1(778) 715-9988

$ 1,199,000

Est. payment -/mo

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509 & 511 13 Avenue NE Calgary, AB T2E1C5

5 Beds

2 Baths

2,162 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,162 sqft

Price per Sqft $554

Subdivision Renfrew

MLS® Listing ID A2208196

Style Bungalow

Bedrooms 5

Originating Board Calgary Real Estate Board

Year Built 1978

Lot Size 6,006 Sqft

Acres 6006.262

Property Sub-Type Freehold

Property Description

Exceptional Investment Opportunity in Renfrew –FULL Duplex (BOTH SIDES!) on One Title with Endless Potential. Here's your chance to secure a fully equipped side-by-side FULL duplex (#509 and #511! ) on one title, ideally situated on a generous 50' x 120' lot in the sought-after inner-city community of Renfrew. Whether you're a savvy investor looking for strong, immediate cash flow, or a developer exploring redevelopment options, this property checks all the boxes. Each main unit offers 1,081 sqft above grade and features 3 bedrooms (2 up + 1 den/bedroom), updated flooring, bright and spacious living areas with large windows and cozy fireplaces, and functional kitchens designed for everyday comfort. The basement units are 964 sf and have 2 bedrooms, 1 bathroom, living room + kitchen +laundry + den (storage) or it can also be a bedroom if necessary. Private separate basement entrances open the door to converting this property into four self-contained income-generating suites, dramatically increasing your rental potential. Outside, enjoy the convenience of a double detached garage plus an extended parking pad, offering ample space for tenants. Bonus: Both units 509 and 511 are occupied by long-term tenants (11 and 9 years), who would love to stay—providing you with turnkey rental income of $2,800/month and $2,600/month, respectively. Situated just steps from two parks and minutes from Bridgeland's vibrant shops and restaurants, top-rated schools, public transit, major roadways, downtown Calgary, the Calgary Zoo, and TELUS Spark—this location is truly unbeatable for both renters and future redevelopment. Whether you hold, renovate, or rebuild, this property is a smart investment in a high-demand location. Opportunities like this are rare—act fast! (id:24570)

Location

State AB

Rooms

Kitchen 2.0

Extra Room 1 Basement 10.08 Ft x 9.75 Ft Kitchen

Extra Room 2 Basement 18.58 Ft x 10.50 Ft Living room/Dining room

Extra Room 3 Basement 17.00 Ft x 4.33 Ft Furnace

Extra Room 4 Basement 11.67 Ft x 8.33 Ft Bedroom

Extra Room 5 Basement 12.42 Ft x 9.75 Ft Bedroom

Extra Room 6 Basement 10.17 Ft x 6.92 Ft Other

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Laminate, Tile, Vinyl Plank

Fireplaces Number 2

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Listed by CIR Realty

Elizabeth Chi

+1(778) 715-9988

Elizabeth Chi

509 & 511 13 Avenue NE Calgary, AB T2E1C5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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509 & 511 13 Avenue NE