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224 7A Street NE
Bridgeland/Riverside Calgary T2E 4E8

$1,200,000
Residential beds: 8 baths: 4.0 1,988 sq. ft. built: 1970

Main Photo: 224 7A Street NE, Calgary
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Status:
Active
Prop. Type:
Residential
MLS® Num:
A2072356
Bedrooms:
8
Bathrooms:
4
Year Built:
1970
ATTENTION INVESTORS | EXCELLENT REVENUE GENERATING INNER CITY 4 PLEX | AIRBNB POTENTIAL | FOUR UNITS | FULLY RENTED CURRENTLY FOR $54,600 PER YEAR (TENANTS PAY UTILITIES) | CLOSE TO DOWNTOWN & EASY ACCESS TO TRANSIT | This This multi-use offering fourplex is located in one of Calgary’s most sought after inner city communities, Bridgeland, in the heart & centre of Calgary. Resting amongst some of the city’s most prestigious communities such as Crescent Heights, Mount Pleasant, and Rosedale. This opportunity is on a fantastic, quiet residential street with a short walk to public transit, 10 minutes to the Downtown Core, blocks from the iconic Peter’s Drive in, Golfing, Bridgeland Shopping and quick access to Deerfoot Trail, 16th Avenue and Edmonton Trail providing connectivity to all quadrants of the City. All 4 units each have open floor plans with 2 bedrooms, have private entrances and there is a laundry area (washer & dryer), These units could be rented out or leased out for either a short time like Airbnb or a full time rental. Currently the asset contributes $60,000 a year but rents could have the potential to be increased to market level. It is very nicely located for both rental income as well as Airbnb. Call to know more about all the opportunities this property has to offer!
Property Type:
Residential
Property Sub Type:
Full Duplex
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
Bi-Level, Up/Down
Total Living Area:
1,987.76 sq. ft.
Main Level Finished Area:
1,987.76 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
4,897 sq. ft.
Lot Frontage:
44'7"
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
Northwest
Reg. Size:
Reg. Size Includes:
Unit Exposure:
West
Entry Level:
0
Levels:
Bi-Level
End Unit:
No One Above
Total Rooms Above Grade:
7
Year built:
1970 (Age: 53)
Bedrooms:
8 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
6
Bathrooms:
4.0 (Full:4, Half:0)
Plan:
4647V
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Siding
Structure Type:
Duplex
Roof:
Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
0
Parking:
Alley Access, Off Street, Parking Pad
Parking Places:
4.0
Parking Total/Covered:
4 / -
Laundry Features:
In Basement
Bridgeland/Riverside
See Remarks
Refrigerators (4), Dishwashers, Stoves (4) , Hood-fans, Washer, Dryer, Gas Water Heater
Restrictive Covenant
Floor
Type
Size
Other
Main Floor
Kitchen With Eating Area
16'9" × 9'5"
Main Floor
Living Room
16'9" × 11'5"
Main Floor
Storage
6'6" × 5'
Main Floor
Kitchen
11' × 8'
Main Floor
Dining Room
12'1" × 8'11"
Main Floor
Living Room
16'7" × 13'6"
Main Floor
Storage
6'6" × 5'
Main Floor
Bedroom - Primary
13'5" × 10'
Main Floor
Bedroom
10' × 9'
Basement
Laundry
9' × 5'
Basement
Living Room
16' × 15'5"
Basement
Laundry
8'2" × 8'1"
Basement
Kitchen
11'6" × 9'8"
Basement
Furnace/Utility Room
9' × 5'
Basement
Living Room
16' × 15'5"
Basement
Bedroom
11'7" × 9'3"
Basement
Bedroom
11' × 9'2"
Basement
Bedroom
10'9" × 10'8"
Basement
Bedroom
10'7" × 9'5"
Basement
Bedroom
10'9" × 10'8"
Basement
Bedroom
10'7" × 9'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 10'2"
Basement
No
4
5' x 8'7"
Basement
No
4
5' x 10'4"
Basement
No
4
5' x 8'7"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Interior Features:
Separate Entrance, Storage
Exterior Features:
Private Entrance
Patio And Porch Features:
Deck
Lot Features:
Back Lane, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Sep 25, 2023
Days on Mkt:
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Listed by RE/MAX HOUSE OF REAL ESTATE
Data was last updated December 4, 2023 at 08:05 AM (UTC)
Area Statistics
Listings on market:
37
Avg list price:
$599,900
Min list price:
$255,000
Max list price:
$3,499,000
Avg days on market:
38
Min days on market:
2
Max days on market:
130
Avg price per sq.ft.:
$577.12
These statistics are generated based on the current listing's property type and located in Bridgeland/Riverside. Average values are derived using median calculations.
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.