"illegal basement suite"
RARE INVESTMENT OPPORTUNITY IN PARKHILL! Situated on an oversized 6,800+ sq ft lot in one of Calgary's most sought after inner city communities, this full duplex offers exceptional holding income today with tremendous future upside.Each side features a spacious 3 bedroom upper suite and a 1 bedroom illegal basement suite, creating four income generating units in total. This property has experienced strong tenant demand with minimal vacancy over the years, making it an attractive opportunity for investors seeking reliable cash flow in a premier inner city location.Whether you're looking to renovate, hold as a long-term investment, or redevelop, the possibilities are endless. Located just minutes from downtown, stampede park, and the amenities along Macleod Trail, this property offers unmatched convenience with easy access to transit, shopping, dining, and major commuter routes.Opportunities like this are rare. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill! (id:65709)
Connect with Dusko Sremac and the REPYYC × Real Broker team — Calgary REALTORS® who specialize in legal secondary suites. We verify registry, permits, and rental potential before you write an offer.
Listing content (MLS® A2318753) is courtesy of REMAX Innovations, provided by the Canadian Real Estate Association (CREA) via the DDF® feed. Information is deemed reliable but not guaranteed. See MLS® / DDF® compliance & disclaimers.
Disclaimer: Listing data and suite classifications are deemed reliable but not guaranteed and should be independently verified. Always confirm the legal status of any secondary suite — including registry, permits, and code compliance — with a licensed REALTOR® (such as Dusko Sremac at REPYYC × Real Broker), the City of Calgary, and qualified professionals before making any purchase or investment decision.