1227 13 Avenue SW

+24

$819,000

1227 13 Avenue SW
Calgary, Alberta T3C0T2

MLS® Number: A2308726

Description

INVESTORS! This is a rare opportunity to acquire a centrally located, income-generating property in Calgary’s Beltline with significant upside for future redevelopment. Zoned CC-MH (Centre City Multi-Residential High-Rise District) under Land Use Bylaw 1P2007, the property is designated for high-density multi-residential development, positioning it as a strategic long-term investment in one of the city’s most active growth areas.Currently operating as a well-maintained rooming house, the property is configured to maximize rental income with ten private rooms, each individually leasable. This setup supports consistent cash flow and strong occupancy potential, driven by ongoing demand for affordable inner-city housing. Its proximity to downtown, transit, employment hubs, and everyday amenities further strengthens its appeal to tenants and contributes to stable rental performance.Each floor is equipped with a shared kitchen and washroom, and the building has been upgraded to meet City bylaws, offering a compliant and turnkey operation for investors. The efficient layout and established rental model allow for immediate revenue generation with minimal operational barriers.This property is ideally suited for investors seeking dependable income today while holding a high-value redevelopment asset for the future. With CC-MH zoning and a prime Beltline location, it presents a compelling combination of cash flow and long-term appreciation potential in Calgary’s urban core.An exceptional opportunity to secure a high-yield asset with redevelopment flexibility in one of Calgary’s most in-demand rental markets. (id:21083)

Property Summary

Property Type
Single Family
Square Footage
1620 sqft
Land Size
303
Annual Property Taxes
$ 6,427
Time on REALTOR.ca
2 days
Building Type
House
Community Name
Beltline
Subdivision Name
Beltline
Title
Freehold
Stories
2
Parking Type
Parking Pad

Building

Bedrooms

Above Grade

Bathrooms

Total

Interior Features

Appliances Included
Refrigerator, Dishwasher, Stove
Flooring
Hardwood, Linoleum
Basement Type
Finished, Full, Separate entrance, Walk-up, Suite

Building Features

Features
Back lane, No Animal Home
Foundation Type
Poured Concrete
Style
Detached
Construction Material
Wood frame
Square Footage
1620 sqft
Total Finished Area
1620 sqft

Heating & Cooling

Cooling
None
Heating
Central heating

Parking

Parking Type
Parking Pad
Total Parking Spaces
6

Rooms

Main level	Other	7.42 Ft x 18.75 Ft
	Bedroom	15.17 Ft x 11.67 Ft
	4pc Bathroom	7.33 Ft x 4.92 Ft
	Bedroom	10.58 Ft x 10.92 Ft
	Bedroom	13.00 Ft x 9.67 Ft
	Other	8.58 Ft x 14.25 Ft
Upper Level	Bedroom	12.83 Ft x 8.92 Ft
	4pc Bathroom	8.25 Ft x 5.83 Ft
	Bedroom	12.25 Ft x 9.42 Ft
	Other	15.67 Ft x 9.00 Ft
	Primary Bedroom	10.00 Ft x 18.33 Ft
	Other	7.58 Ft x 7.33 Ft
Lower level	Other	4.83 Ft x 7.08 Ft
	4pc Bathroom	11.92 Ft x 4.33 Ft
	Bedroom	9.75 Ft x 9.17 Ft
	Bedroom	10.83 Ft x 7.42 Ft
	Bedroom	8.25 Ft x 9.50 Ft
	Bedroom	13.25 Ft x 9.33 Ft

Land

Other Property Information

Zoning Description
CC-MH