Property Details
1227 13 Avenue SW
Calgary (A2308726)
Description
INVESTORS! This is a rare opportunity to acquire a centrally located, income-generating property in Calgary’s Beltline with significant upside for future redevelopment. Zoned CC-MH (Centre City Multi-Residential High-Rise District) under Land Use Bylaw 1P2007, the property is designated for high-density multi-residential development, positioning it as a strategic long-term investment in one of the city’s most active growth areas.
Currently operating as a well-maintained rooming house, the property is configured to maximize rental income with ten private rooms, each individually leasable. This setup supports consistent cash flow and strong occupancy potential, driven by ongoing demand for affordable inner-city housing. Its proximity to downtown, transit, employment hubs, and everyday amenities further strengthens its appeal to tenants and contributes to stable rental performance.
Each floor is equipped with a shared kitchen and washroom, and the building has been upgraded to meet City bylaws, offering a compliant and turnkey operation for investors. The efficient layout and established rental model allow for immediate revenue generation with minimal operational barriers.
This property is ideally suited for investors seeking dependable income today while holding a high-value redevelopment asset for the future. With CC-MH zoning and a prime Beltline location, it presents a compelling combination of cash flow and long-term appreciation potential in Calgary’s urban core.An exceptional opportunity to secure a high-yield asset with redevelopment flexibility in one of Calgary’s most in-demand rental markets.
Property details
- MLS® #
- A2308726
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Beltline
- Price
- $819,000
- Sale/Lease:
- For Sale
- Size:
- 1,620 sq.ft.
- Bedrooms:
- 10
- Bathrooms:
- 3
- Year Built:
- 1912 (114 years old)
- Structure Type:
- House
- Building Style:
- 2 Storey
- Garage:
- No
- Parking:
- Parking Pad
- Fence:
- Fenced
- Basement:
- Full
- Features:
- No Animal Home, Separate Entrance
- Inclusions:
- n/a
- Appliances:
- Dishwasher, Electric Stove, Refrigerator
- Laundry:
- None
- Exterior Features:
- Balcony
- Patio/Porch Features:
- Balcony(s)
- Nearby Amenities:
- Shopping Nearby, Sidewalks, Street Lights
- Lot Size:
- 0 acres
- Lot Features:
- Back Lane, Back Yard, Front Yard, Low Maintenance Landscape, Rectangular Lot
- Zoning:
- CC-MH
- Roof:
- Asphalt Shingle
- Exterior:
- Wood Frame
- Floors:
- Hardwood, Linoleum
- Foundation:
- Poured Concrete
- Heating:
- Central
- Cooling:
- None
- Amenities:
- Shopping Nearby, Sidewalks, Street Lights
- Possession:
- Negotiable
- Days on Market:
- 42
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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