1468 Renfrew Drive NE
Calgary T2E 5J5
MLS® Number: A2266127
$ 735,000
3
BEDROOMS
2 + 0
BATHROOMS
1,232
SQUARE FEET
1955
YEAR BUILT
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.
COMMUNITY | Renfrew |
PROPERTY TYPE | Detached |
BUILDING TYPE | House |
STYLE | Bungalow |
YEAR BUILT | 1955 |
SQUARE FOOTAGE | 1,232 |
BEDROOMS | 3 |
BATHROOMS | 2.00 |
BASEMENT | Finished, Full, Separate/Exterior Entry, Suite |
AMENITIES | |
APPLIANCES | Dishwasher, Electric Stove, Refrigerator, Washer/Dryer |
COOLING | None |
FIREPLACE | N/A |
FLOORING | Carpet, Hardwood, Stone |
HEATING | Forced Air |
LAUNDRY | In Basement |
LOT FEATURES | Back Lane, Back Yard, Corner Lot |
PARKING | Off Street, Single Garage Attached |
RESTRICTIONS | None Known |
ROOF | Asphalt Shingle |
TITLE | Fee Simple |
BROKER | eXp Realty |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Family Room | 12`0" x 18`0" | Basement |
Kitchen With Eating Area | 9`4" x 14`0" | Basement |
Bedroom | 11`9" x 14`0" | Basement |
4pc Bathroom | Basement | |
4pc Bathroom | Main | |
Living Room | 18`2" x 19`8" | Main |
Kitchen | 10`2" x 14`2" | Main |
Dining Room | 7`1" x 12`3" | Main |
Bedroom - Primary | 12`3" x 12`8" | Main |
Bedroom | 8`4" x 11`8" | Main |