1411 1 Avenue NW

Back on the Market!!! Discover investment potential and classic charm with this multi-unit home situated at 1411 1 Ave NW, Calgary. Ideal for investors, this property features three distinct living spaces, currently hosting tenants, providing a steady rental income .. main floor tenant vacants June 30th and new owner can move in and have rental incomes as Mortage Helper!!. Nestled on a 29’x125’ lot with multi-residential zoning (M-CG d72), this home overlooks a serene park and is mere steps away from the vibrant heart of the city. This unique residence welcomes you with a quaint front porch and a sun-drenched sunroom, perfect for relaxing. The main entrance leads to a shared common area that branches into a main floor living space and an upper illegal suite. The main floor is adorned with hardwood floors, high ceilings, and includes a large living room, good -sized entertaining dining area, kitchen, a 4pc bath, and one large bright bedroom. Experience the charm of old-world architecture blended with modern comforts. The upper illegal suite offers stunning downtown views, a kitchen, a spacious family room, two bedrooms, and a full bathroom, maximizing both comfort and style. Additionally, a recently renovated one-bedroom basement illegal suite, accessible via a side entrance, adds further value and flexibility to this property .Home features newer high energy furnance and shingles were repalced during Covid .Convenience is key with lane access and a parking pad included. Long term tenants would like to stay with the new owners. Main floor tenant is leaving June 30th can then be owner occupied or new tenant could pay $2000.. Upper level rent is is $1056 and will increase Aug 01 2024 to $1232 (upstairs), $1100 (basement), $300 (parking pad) is rented separately per month. Located on one of Calgary's most desirable streets, you are just a short walk from shops, restaurants, the Sunnyside LRT Station, Bow River pathways, and downtown attractions ,shopping ,pubs, restaurants, shops, and all other amenities are all walking distance. This property promises a blend of lifestyle and investment opportunity not to be missed!! Note ..you can rent the fire pit in the small park across the street for a gathering/sing-along or fun night from the Hilhurst Community Centre!! SPECIAL!! Location