715 5 Street NE Calgary, Alberta T2E 3W7
$1,200,000
Excellent investment opportunity in the established community of Renfrew, just minutes from downtown Calgary. 50 x 120 M-C2 lot with views of downtown. This property features four identical bilevels (A through D). Rare 3-bedroom units are easy to rent! Recent updates include all furnaces in 2018, updated kitchens, and tile and vinyl flooring in most units within the last 10 years. The main floor of each unit features a bright, open layout with vaulted ceilings, a spacious living room with a wood burning fireplace, a separate dining area, and a well-designed kitchen. The lower levels offer 3 bedrooms, a 4 piece bathroom, and a laundry + mechanical room. Vinyl plank flooring and tile provide durability and easy maintenance throughout. This is an excellent opportunity to own a well-located income property close to downtown Calgary with lots of future potential. Gross annual income is $80,400. Projected annual income with increased rents is 90,000. (id:52784)
Property Details
| MLS® Number | A2335405 |
| Property Type | Multi-family |
| Community Name | Renfrew |
| Amenities Near By | Park, Schools, Shopping |
| Features | Back Lane |
| Parking Space Total | 4 |
| Plan | 5386l |
| Structure | Shed |
| Total Buildings | 1 |
Building
| Appliances | Refrigerator, Dishwasher, Stove, Window Coverings, Washer & Dryer |
| Architectural Style | Bi-level |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1971 |
| Construction Material | Wood Frame |
| Cooling Type | None |
| Exterior Finish | Brick, Stucco |
| Fireplace Present | Yes |
| Fireplace Total | 4 |
| Flooring Type | Carpeted, Tile, Vinyl Plank |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,384 Sqft |
| Total Finished Area | 2383.94 Sqft |
| Type | Multi-family |
Parking
| Other | |
| Parking Pad |
Land
| Acreage | No |
| Fence Type | Not Fenced |
| Land Amenities | Park, Schools, Shopping |
| Size Depth | 36.48 M |
| Size Frontage | 15.28 M |
| Size Irregular | 554.00 |
| Size Total | 554 M2|4,051 - 7,250 Sqft |
| Size Total Text | 554 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-c2 |
https://www.realtor.ca/real-estate/30132722/715-5-street-ne-calgary-renfrew
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August 08 2026 06:46:24
Calgary Real Estate Board
Century 21 Masters