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Investment signal

$636,800

450 34 Avenue NW

Save this home

Beds

3

Baths

2

Sqft

Year

1950

Type

Single Family

Suite

Suite potential

Location and nearby

Start with mosques, schools, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.

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HAL

Halal grocery

  1. Samar Market

    2215 Centre St NW, Calgary, AB T2E 2T4, Canada

    4.9 rating · 8 reviews

    1.4 km

    est. 2 min

  2. Tebyan Supermarket & Halal Meat

    908 Edmonton Trl #3, Calgary, AB T2E 3K1, Canada

    4.6 rating · 143 reviews

    2.9 km

    est. 5 min

  3. FreshCo Brentwood

    3630 Brentwood Rd NW Unit 100, Calgary, AB T2L 1K8, Canada

    4.2 rating · 646 reviews

    3.7 km

    est. 6 min

MSQ

Mosque

  1. Islamic Information Society of Calgary (IISC)

    4128 6 St NE, Calgary, AB T2E 8C8, Canada

    4.8 rating · 248 reviews

    1.8 km

    est. 3 min

  2. IISC Youth Centre

    4134 6 St NE, Calgary, AB T2E 8C8, Canada

    4.9 rating · 19 reviews

    1.8 km

    est. 3 min

  3. Masjid Bilal Da'wa Center

    4527 6a St NE, Calgary, AB T2E 4B2, Canada

    4.8 rating · 63 reviews

    1.9 km

    est. 3 min

EL

Elementary

  1. King George School | Calgary Board of Education

    2108 10 St NW, Calgary, AB T2M 3M4, Canada

    1.7 km

    est. 3 min

  2. North Haven School | Calgary Board of Education

    4922 N Haven Dr, Calgary, AB T2K 2K2, Canada

    1.9 km

    est. 3 min

  3. Collingwood School | Calgary Board of Education

    3826 Collingwood Dr NW, Calgary, AB T2L 0R6, Canada

    2.3 km

    est. 4 min

TRN

Transit

  1. SAIT / AUArts / Jubilee

    Calgary, AB T2N 1M4, Canada

    4.3 rating · 14 reviews

    2.7 km

    est. 4 min

  2. Jubilee station

    Calgary, AB T2N 1M4, Canada

    3.8 rating · 4 reviews

    2.7 km

    est. 4 min

  3. Lions Park

    Calgary, AB T2N 1L3, Canada

    3.8 rating · 37 reviews

    3.1 km

    est. 5 min

About this home

Located in the heart of Highland Park, this beautifully maintained bungalow offers timeless character, strong income potential, and outstanding redevelopment value. Situated on a generous 45 x 120 ft lot, the property presents a rare opportunity for investors, developers, or buyers seeking long-term upside in an established inner-city community.The main floor features a bright and inviting 2-bedroom layout with original charm, hardwood flooring, and well-preserved finishes throughout. The legal lower-level 1-bedroom suite provides excellent mortgage-helper or rental income potential, making this home ideal for multi-generational living or investment.Additional highlights include a large heated double detached garage, an oversized storage shed, and a property that has been thoughtfully cared for over the years. Whether you choose to hold, rent, renovate, or redevelop, the possibilities are endless.Conveniently located close to transit, schools, parks, and amenities, with just minutes to downtown Calgary and the vibrant shops, restaurants, and river pathways of Kensington.A rare inner-city opportunity combining character, cash flow, and future potential. Call now to book your tour. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Highland Park
Common interest
Freehold
Living area
829 square feet
Lot size
501 square meters
Lot dimensions
501.00
Bedrooms
2 above grade, 1 below grade
Parking
2 total
Stories
1
On market
Jan 23, 2026
Status changed
Apr 13, 2026
Annual tax
$3,859 (2025)
Zoning
R-CG
Photos
23
MLS#
A2278193
Area
CALGARY_NW

Features and systems

Parking

Detached Garage

Basement

FinishedFullSuite

Appliances

WasherRefrigeratorStoveDryerGarage door opener

Heating

Forced air

Cooling

None

Exterior

Stucco

Construction

Wood frame

Flooring

HardwoodLaminateLinoleum

Foundation

Poured Concrete

Lot

Back laneLevel
Negative cash flow ~$733/mo at these assumptions

Cash on cash

-6.91%

Cap rate

3.48%

GRM

16.7

Break-even rent

$3,946

Financing

Down payment$127,360
Loan amount$509,440
Mortgage$2,581/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$292
Insurance$80
Maintenance$531
CapEx reserve$265
Vacancy loss$159

Estimates 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.

Mortgage estimate

Estimated $2,581/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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