$519,900
4704 31 Avenue NE
Beds
5
Baths
3 full + 1 half
Sqft
—
Year
1974
Type
Single Family
Suite
Suite potential
Location nearby
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.
About this home
This suited bungalow represents a great investment and provides incredible cash flow. Rent all three spaces and generate well over $3,000 per month. The property has a great location being walking distance to all three level of schooling, shopping, and LRT. Begin with the three bedroom main floor unit that features a well sized living area and a two piece en suite. Proceed to the illegal two bedroom lower unit which is also well sized. A common space provides a shared laundry and access to mechanicals. Do not forget the 22x24 heated double car garage. Structurally and mechanically, a very solid property. Do not miss this smart investment! (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Community
- Rundle
- Common interest
- Freehold
- Living area
- 1,118 square feet
- Lot size
- 474 square meters
- Lot dimensions
- 474.00
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 2 total
- Stories
- 1
- On market
- Apr 23, 2026
- Status changed
- Apr 30, 2026
- Annual tax
- $3,677 (2025)
- Zoning
- R-CG
- Photos
- 2
- MLS#
- A2304318
- Area
- CALGARY_NE
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Construction
Flooring
Foundation
Lot
Cash on cash
0.69%
Cap rate
5.00%
GRM
13.1
Break-even rent
$3,237
Financing
Operating expenses (monthly)
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.
Location nearby
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.