1527 23 Street NW Calgary, AB T2N 2P6
Listing Courtesy of: PILLAR 9 - IDX / Cp Realty Calgary Pros

  1527 23 Street NW Calgary, AB T2N 2P6

Active (1 Days)
$899,900
4
BED
3
BATH
1,348
SQFT

Description

Prime Investment Opportunity in the Heart of Calgary – 1527 23 Street NW

Situated in a highly desirable area with significant development potential, this property offers an exceptional investment opportunity. Whether you're looking to generate immediate rental income or hold for future growth, this property checks all the boxes.

Key Features:

6 Bedrooms & 3 Bathrooms: This spacious home boasts a total of 6 bedrooms and 3 bathrooms, providing ample space for tenants or future redevelopment. The layout is designed to maximize living space, making it perfect for families or individuals seeking room to grow.

Upper Suite with $2,500 Rent: The upper suite offers a generous living space with excellent natural light, a functional kitchen, and a comfortable layout. With a rental income of $2,500 per month, it provides consistent cash flow.

Lower Illegal Suite with $1,500 Rent: The lower illegal suite is a fantastic addition, offering a fully functional living space that generates an additional $1,500 per month in rental income. Although an illegal suite, it provides great potential for future upgrades or legalization.

Luxurious Area for Development: Located in an area poised for future growth and development, this property sits in a neighborhood with a mix of established homes and new developments. Take advantage of the potential for appreciation and redevelopment in the near future.

Close to LRT: Conveniently located near the LRT station, this property offers excellent access to public transportation, making it highly attractive to renters and future buyers. Enjoy the ease of commuting to downtown Calgary and surrounding areas.

Detached Double Garage: The property features a detached double garage, offering both parking and extra storage space for tenants or the future homeowner.

This is a fantastic holding investment, providing solid rental income today while positioning you for potential future gains as the area continues to develop. Whether you're an investor looking for a reliable rental property or someone looking to capitalize on a growing neighborhood, this is the opportunity you've been waiting for.

Don’t miss your chance to own a piece of Calgary’s prime real estate! Book your showing today!

MLS®:
A2200355
Lot Size
5,887 SQFT
Type
Single-Family Home
Year Built
1961
Style
4 Level Split

Listed By

Allen Liao, Cp Realty Calgary Pros
Source
PILLAR 9 - IDX
Last checked Mar 12 2025 at 7:52 AM EDT
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Appliances : Garage Control(s)
  • Appliances : Window Coverings
  • Laundry/Utility Room : Laundry Room
  • Appliances : Electric Cooktop
  • Appliances : Dishwasher
  • Appliances : Microwave
  • Open Floorplan
  • Appliances : Washer/Dryer
  • Kitchen Island
Subdivision
  • Hounsfield Heights/Briar Hill
Lot Information
  • Sloped
  • Rectangular Lot
  • Back Yard
Property Features
  • Fireplace: Total Fireplace(s) : 1 Wood Burning
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Suite
  • Separate/Exterior Entry
  • Finished
  • Full
  • Walk-Out to Grade
Flooring
  • Carpet
  • Hardwood
  • Ceramic Tile
Exterior Features
  • Roof: Asphalt Shingle
Garage
  • Double Garage Detached
Parking
  • Parking Space(s) : 4
Stories
  • 4
Living Area
  • 1,348 sqft
Powered by Walk Score®
Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.