Details 2024 - REALTOR® in South East Calgary

316 8 Avenue Northeast

Offered at: $820,000

MLS®: A2215699

**Rare Inner-City Investment Opportunity in Crescent Heights!**Nestled just minutes from downtown, this charming 2-bedroom, 3.5-bathroom home in desirable Crescent Heights offers a unique blend of immediate livability, rental income potential, and future development upside. Each spacious bedroom includes its own ensuite, complemented by a bright living room, dining area, and a well-equipped kitchen. The fully developed basement provides added flexibility for tenants or personal use, and the double detached garage adds value and convenience.Situated on an M-CG zoned lot, this property is ideally suited as a holding property—generating rental income now while appreciating in value for the future. Even more compelling, the **adjacent lot is also available for sale**, combining to form a 50’ x 120’ parcel perfect for higher-density redevelopment (subject to city approval).Whether you’re a builder, investor, or future homeowner, this is a strategic opportunity to secure a revenue-generating property with strong development potential in one of Calgary’s most vibrant inner-city neighbourhoods (id:6769)