1227 13 Avenue SW Calgary, Alberta T3C 0T2

10 Bedroom 3 Bathroom 1,620 sqft
None Central Heating

$819,000

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:52784)

Property Details

MLS® Number A2308726
Property Type Single Family
Community Name Beltline
Amenities Near By Shopping
Features Back Lane, No Animal Home
Parking Space Total 6
Plan A1

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Below Ground 4
Bedrooms Total 10
Appliances Refrigerator, Dishwasher, Stove
Basement Development Finished
Basement Features Separate Entrance, Walk-up, Suite
Basement Type Full (finished)
Constructed Date 1912
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Flooring Type Hardwood, Linoleum
Foundation Type Poured Concrete
Heating Type Central Heating
Stories Total 2
Size Interior 1,620 Sqft
Total Finished Area 1620 Sqft
Type House

Parking

Parking Pad

Land

Acreage No
Fence Type Fence
Land Amenities Shopping
Size Depth 39.74 M
Size Frontage 7.64 M
Size Irregular 303.00
Size Total 303 M2|0-4,050 Sqft
Size Total Text 303 M2|0-4,050 Sqft
Zoning Description Cc-mh

Rooms

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

https://www.realtor.ca/real-estate/29711914/1227-13-avenue-sw-calgary-beltline

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