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3811 14 Avenue NE
Beds
8
Baths
3 full + 1 half
Sqft
1,003
Year
1972
Type
Single Family
On market
4d
Rare Income Property in Marlborough — 8 Bedrooms, Fully Refreshed, and Built for Cash Flow. Opportunities like this don't come around often. Situated in the established northeast community of Marlborough, this fully updated property is purpose-built for savvy investors or owner-operators looking to maximize monthly income from day one. The home offers eight legal-sized bedrooms across two full baths and a half bath — currently operating as a successful room rental configuration with great tenants already in place. Every bedroom features egress windows and is built to standard building code, giving you the peace of mind that comes with doing things right. A brand new furnace installed in 2025, along with a full property refresh, means you're inheriting a turnkey asset — not a project. The large lot gives residents room to breathe, with a double detached garage adding both practical value and additional appeal for tenants who need it. The location works hard for you too. Marlborough C-Train Station is minutes away, connecting residents directly to downtown and the rest of the city without a car. Major bus routes crisscross the area, making this one of northeast Calgary's most transit-accessible addresses. Day-to-day life is equally convenient — Marlborough Mall, Walmart, Safeway, and a diverse mix of restaurants and cafés are all within reach. Village Square Leisure Centre, with its twin arenas, wave pool, and fitness facilities, is just to the north. Pacific Place, T&T Supermarket, Canadian Tire, and Real Canadian Superstore are minutes away on the other side of 16th Avenue. Whether you're an experienced investor scaling a portfolio or stepping into your first income property, this one offers immediate returns in a location tenants want to be. Call today to review financials and book your private showing. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 1.09 M x 2.16 M | |
| Bedroom | 2.69 M x 4.01 M | |
| Bedroom | 3.05 M x 3.12 M | |
| Laundry room | 1.93 M x 2.44 M | |
| 3pc Bathroom | 2.69 M x 1.47 M | |
| Bedroom | 3.12 M x 3.48 M | |
| Bedroom | 5.11 M x 2.64 M | |
| Furnace | 2.01 M x 1.30 M |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 1.50 M x 2.64 M | |
| Bedroom | 4.09 M x 2.95 M | |
| Kitchen | 3.33 M x 3.79 M | |
| Bedroom | 3.07 M x 3.71 M | |
| Bedroom | 3.35 M x 3.71 M | |
| Primary Bedroom | 3.07 M x 4.24 M |
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
-1.83%
Cap rate
4.50%
GRM
14.1
Break-even rent
$3,480
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 5, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.