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509 & 511 13 Avenue NE, Calgary, Alberta

$1,199,000

5 Beds
2 Baths
2,046 Square Feet

Exceptional Investment Opportunity in Renfrew – Duplex on One Title with Endless Potential. Here’s your chance to secure a fully equipped side-by-side FULL duplex (#509 and #511! ) on one title, ideally situated on a generous 50' x 120' lot in the sought-after inner-city community of Renfrew. Whether you're a savvy investor looking for strong, immediate cash flow, or a developer exploring redevelopment options, this property checks all the boxes. Each main unit offers 1,081 sqft above grade and features 3 bedrooms (2 up + 1 den/bedroom), updated flooring, bright and spacious living areas with large windows and cozy fireplaces, and functional kitchens designed for everyday comfort. The basement units are 964 sf and have 2 bedrooms, 1 bathroom, living room + kitchen +laundry + den (storage) or it can also be a bedroom if necessary. Private separate basement entrances open the door to converting this property into four self-contained income-generating suites, dramatically increasing your rental potential. Outside, enjoy the convenience of a double detached garage plus an extended parking pad, offering ample space for tenants. Bonus: Both units are occupied by long-term tenants (11 and 9 years), who would love to stay—providing you with turnkey rental income of $2,800/month and $2,600/month, respectively. Situated just steps from two parks and minutes from Bridgeland’s vibrant shops and restaurants, top-rated schools, public transit, major roadways, downtown Calgary, the Calgary Zoo, and TELUS Spark—this location is truly unbeatable for both renters and future redevelopment. Whether you hold, renovate, or rebuild, this property is a smart investment in a high-demand location. Opportunities like this are rare—act fast! (id:23309)

Listing ID: A2208196
Property Type: Multi-family
Year Built: 1978

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Rooms

Level	Type	Dimensions
Kitchen	Basement	10.08 Ft x 9.75 Ft
Living room/Dining room	Basement	18.58 Ft x 10.50 Ft
Furnace	Basement	17.00 Ft x 4.33 Ft
Bedroom	Basement	11.67 Ft x 8.33 Ft
Bedroom	Basement	12.42 Ft x 9.75 Ft
Other	Basement	10.17 Ft x 6.92 Ft
3pc Bathroom	Basement	9.33 Ft x 4.33 Ft
Kitchen	Main level	11.25 Ft x 9.50 Ft
Dining room	Main level	11.00 Ft x 9.25 Ft
Living room	Main level	19.25 Ft x 11.08 Ft
Laundry room	Main level	6.00 Ft x 5.92 Ft
Primary Bedroom	Main level	11.92 Ft x 9.50 Ft
Bedroom	Main level	9.33 Ft x 8.42 Ft
Bedroom	Main level	9.50 Ft x 8.08 Ft
4pc Bathroom	Main level	9.33 Ft x 5.92 Ft

Details

Architectural Style: Bungalow
Amenities Nearby: Playground, Schools, Shopping
Features: See remarks, Back lane, No Smoking Home
Ownership: Freehold
Parking Spaces: 3
Plan: 470P
Structure: See Remarks
Transaction: For sale
Zoning Description: R-CG

Building

Appliances: Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer
Architectural Style: Bungalow
BasementType: Full (Finished)
Basement Development: Finished
Basement Features: Walk-up, Suite
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Constructed Date: 1978
Constructed Material: Wood frame
Construction Style Attachment: Attached
Cooling: None
Fireplace Present: True
Fireplace Total: 2
Flooring: Carpeted, Laminate, Tile, Vinyl Plank
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2045.8 sqft
Stories Total: 1
Total Finished Area: 2045.8 sqft

Land

Amenities: Playground, Schools, Shopping
Fence: Fence
Size Frontage: 15.25 m
Size Irregular: 558.00
Size Total: 558 m2|4,051 - 7,250 sqft

Listing provided by CIR Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 509 & 511 13 Avenue NE in Calgary Ontario. It was last modified on April 3rd, 2025. Contact Muhammad Bilal to schedule a viewing or to discover other Calgary real estate for sale.

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