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Reduced $74,100 (12%) from $599,000
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6379 31 Avenue NW
Beds
2
Baths
1
Sqft
916
Year
1955
Type
Single Family
On market
16d
Incredible location in mature Bowness! This property sits on a spacious 5,995 sq. ft. private, fenced rectangular city lot featuring a south facing PRIVATE backyard with convenient back lane access with less foot traffic than most locations. A true lifestyle location—enjoy immediate proximity to the Bow River, extensive park pathways, local playgrounds, and excellent fishing. Familiarly located within walking distance to community schools, public transit, and excellent local shopping. Whether you are looking for a fantastic holding property, your next renovation project, or looking to build a dream home in Northwest Calgary, this lot delivers endless potential. Complete with a PRIVATE SOUTH facing backyard (provides optimal gardening and lounge lighting) and great curb appeal. Only an eight-minute walk to Superstore! What outstanding value this home and land is! Ask your Realtor to compare this property to 6388 31 Avenue NW which sold for $749,900 or about $125 per sq. ft. for the land. 6379 31 avenue is listed at $599,000 or about $99 per sq. ft. for the land and where it trumps 6388 31 Avenue NW is that it has a PRIVATE WARM SUNNY SOUTH facing back yard! What amazing value! No Side-Street Traffic Exposure: Avoid the noise and visibility of cars turning or headlights shining from the intersecting avenue flank. Safer for Pets and Kids: Lacks dual-sided road exposure, providing a much more contained and controlled environment. In the winter - only 50 feet of snow shoveling out front! In the spring early back yard snow melt! This property has Clean Rectangular Lot Lines: Features a highly uniform, rectangular footprint that is cheaper to fence and landscape cleanly. Simpler Multi-Family Staging: Absent of corner-lot traffic constraints, it offers easier site staging and material drop-off lanes for future custom builds. This is an amazing property located close to amenities and a short commute to City Centre! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Recreational, Games room | 9.83 Ft x 17.92 Ft | |
| Laundry room | 9.75 Ft x 12.17 Ft | |
| Storage | 10.33 Ft x 5.75 Ft |
Basement
| Room | Dimensions | Features |
|---|---|---|
| Family room | 9.75 Ft x 11.33 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Eat in kitchen | 11.50 Ft x 13.50 Ft | |
| Living room | 11.50 Ft x 25.42 Ft | |
| Primary Bedroom | 9.08 Ft x 9.00 Ft | |
| Bedroom | 11.50 Ft x 7.92 Ft | |
| 4pc Bathroom | 7.25 Ft x 5.17 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
-6.98%
Cap rate
3.47%
GRM
16.7
Break-even rent
$3,268
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 May 27, 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.