1527 23 Street NW Calgary, AB T2N 2P6

$889,900
Reduced $10,000
4
Beds
3
Baths
0.14
Acres
1,348
SQFT
660
$/SQFT
$889,900
Reduced
$10,000
4
Beds
3
Baths
1,348   sf
$660 / sf
Favorite
Ask agent
Share

active
1/25
Street View

Prime Investment Opportunity in the Heart of Calgary – 1527 23 Street NWSituated in a highly desirable area with significant development potential, this property offers an exceptional investment opportunity. Whether you're looking to generate immediate rental income or hold for future growth, this property checks all the boxes.Key Features: 6 Bedrooms & 3 Bathrooms: This spacious home boasts a total of 6 bedrooms and 3 bathrooms, providing ample space for tenants or future redevelopment. The layout is designed to maximize living space, making it perfect for families or individuals seeking room to grow. Upper Suite with $2,500 Rent: The upper suite offers a generous living space with excellent natural light, a functional kitchen, and a comfortable layout. With a rental income of $2,500 per month, it provides consistent cash flow. Lower Illegal Suite with $1,500 Rent: The lower illegal suite is a fantastic addition, offering a fully functional living space that generates an additional $1,500 per month in rental income. Although an illegal suite, it provides great potential for future upgrades or legalization. Luxurious Area for Development: Located in an area poised for future growth and development, this property sits in a neighborhood with a mix of established homes and new developments. Take advantage of the potential for appreciation and redevelopment in the near future. Close to LRT: Conveniently located near the LRT station, this property offers excellent access to public transportation, making it highly attractive to renters and future buyers. Enjoy the ease of commuting to downtown Calgary and surrounding areas. Detached Double Garage: The property features a detached double garage, offering both parking and extra storage space for tenants or the future homeowner.This is a fantastic holding investment, providing solid rental income today while positioning you for potential future gains as the area continues to develop. Whether you're an investor looking for a reliable rental property or someone looking to capitalize on a growing neighborhood, this is the opportunity you've been waiting for.Don’t miss your chance to own a piece of Calgary’s prime real estate! Book your showing today!

Prime Investment Opportunity in the Heart of Calgary – 1527 23 Street NWSituated in a highly desirable area with significant development potential, this property offers an exceptional investment opportunity. Whether you're looking to generate immediate rental income or hold for future growth, this property checks all the boxes.Key Features: 6 Bedrooms & 3 Bathrooms: This spacious home boasts a total of 6 bedrooms and 3 bathrooms, providing ample space for tenants or future redevelopment. The layout is designed to maximize living space, making it perfect for families or individuals seeking room to grow. Upper Suite with $2,500 Rent: The upper suite offers a generous living space with excellent natural light, a functional kitchen, and a comfortable layout. With a rental income of $2,500 per month, it provides consistent cash flow. Lower Illegal Suite with $1,500 Rent: The lower illegal suite is a fantastic addition, offering a fully functional living space that generates an additional $1,500 per month in rental income. Although an illegal suite, it provides great potential for future upgrades or legalization. Luxurious Area for Development: Located in an area poised for future growth and development, this property sits in a neighborhood with a mix of established homes and new developments. Take advantage of the potential for appreciation and redevelopment in the near future. Close to LRT: Conveniently located near the LRT station, this property offers excellent access to public transportation, making it highly attractive to renters and future buyers. Enjoy the ease of commuting to downtown Calgary and surrounding areas. Detached Double Garage: The property features a detached double garage, offering both parking and extra storage space for tenants or the future homeowner.This is a fantastic holding investment, providing solid rental income today while positioning you for potential future gains as the area continues to develop. Whether you're an investor looking for a reliable rental property or someone looking to capitalize on a growing neighborhood, this is the opportunity you've been waiting for.Don’t miss your chance to own a piece of Calgary’s prime real estate! Book your showing today!

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2025-05-01 07:40:16
Click for Map
Smart Commute Planner

How Much Is My Home Worth?

Get an instant home-value estimate

Add a destination

Property details

Community Features

  • No HOA

Property Features

  • InLaw Suite

Exterior features

  • Has garage
  • Garage Detached
  • No Pool

Interior Features

  • Carpet Floors
  • Basement Finished
  • Basement Full
  • Basement Walk Out
  • Basement Suite

Style

  • Split Level

Property History

DateDays AgoEventNew Price
Apr 13, 20251 mo agoPrice decreased10,000 (1%)$889,900
Mar 12, 20252 mos agoNew on market$899,900

Similar properties

rating icon
GOOD DEAL
NEW!
Favorite
Ask agent
Share

Tour This Home

Wed
14May
Thu
15May
Fri
16May
Sat
17May
Sun
18May
Mon
19May
Tue
20May
Wed
21May
Thu
22May
Fri
23May
Sat
24May
Sun
25May
Mon
26May
Tue
27May
in Person
via Video Call
REALTOR®
Photo of Graham Kennelly