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2308 4 Avenue NW
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Beds
5
Baths
5 full + 1 half
Sqft
2,802
Year
2014
Type
Single Family
On market
3d
For those who believe home should be the centre of every gathering, this beautifully appointed three-storey duplex offers a rare combination of generous living space, incredible versatility, and an outdoor setting that truly steals the show. The heart of the home is designed for connection, with an open-concept main floor featuring a welcoming living room anchored by a fireplace, a spacious chef-inspired kitchen with granite countertops, gas cooktop, island, beverage fridge, walk-in pantry with statement making stained glass windows, and a bright dining area overlooking the backyard. Whether hosting holiday dinners or casual family breakfasts, every space feels warm, functional, and inviting. What sets this property apart is the spectacular backyard retreat and incredible inclusions ready for the next lucky owner. Thoughtfully designed as an extension of the home, the outdoor oasis features a tiered deck and patio, a fully equipped outdoor kitchen with BBQ, burner and storage, dining space beneath a wood pergola, and a cozy sitting area centred around a gas fireplace. Surrounded by mature landscaping, it's a private urban sanctuary built for entertaining and enjoying Calgary’s best seasons. The second level showcases a well appointed primary bedroom with a walk-in closet and an ensuite designed for relaxation. There are also two additional bedrooms, a bathroom and convenient laundry room on this level. The third floor adds exceptional flexibility with a bonus room complete with a balcony, snack bar with beverage fridge and microwave, plus a fourth bedroom with its own ensuite. This floor is ideal for a teenager seeking independence, long-term guests, a private work-from-home setup, or multi-generational living. The fully developed basement further expands the home's appeal with a theatre room featuring a projector and screen, a gym or fifth bedroom, and in-floor heating for year-round comfort. Complete with air conditioning and a heated double detached garage with e poxy flooring, this home is perfectly positioned in one of Calgary’s most desirable inner-city neighbourhoods, close to excellent schools, downtown, the University of Calgary, Foothills Hospital, Kensington’s shops and restaurants, and the river pathway network. A perfect fit for buyers ready to upsize without compromise, seeking space to grow, room to entertain, and a lifestyle that balances urban convenience with the comforts of home. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 18.33 Ft x 19.25 Ft | |
| Furnace | 9.75 Ft x 8.42 Ft | |
| Bedroom | 11.42 Ft x 19.25 Ft | |
| 4pc Bathroom | 4.83 Ft x 8.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 12.00 Ft x 7.00 Ft | |
| Kitchen | 17.50 Ft x 13.08 Ft | |
| Dining room | 13.50 Ft x 13.08 Ft | |
| Living room | 16.17 Ft x 13.08 Ft | |
| Other | 10.50 Ft x 6.58 Ft | |
| 2pc Bathroom | 5.00 Ft x 6.17 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 17.33 Ft x 13.08 Ft | |
| Other | 9.83 Ft x 8.00 Ft | |
| Bedroom | 11.67 Ft x 11.58 Ft | |
| Bedroom | 11.67 Ft x 10.00 Ft | |
| 5pc Bathroom | 15.25 Ft x 8.33 Ft | |
| 4pc Bathroom | 8.00 Ft x 8.00 Ft | |
| Laundry room | 5.67 Ft x 6.17 Ft |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Bonus Room | 24.08 Ft x 14.08 Ft | |
| Bedroom | 12.08 Ft x 14.08 Ft | |
| 4pc Bathroom | 8.58 Ft x 5.67 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.42%
Cap rate
3.58%
GRM
16.7
Break-even rent
$8,423
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 8, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.