509 & 511 13 Avenue Ne Calgary, Alberta T2E 1C5

5 Bedroom 2 Bathroom 2,162 ft2
Bungalow Fireplace None Forced Air

$1,199,000

Exceptional Investment Opportunity in Renfrew –FULL Duplex (BOTH SIDES!) 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 509 and 511 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:61635)

Property Details

MLS® Number A2208196
Property Type Multi-family
Neigbourhood Renfrew
Community Name Renfrew
Amenities Near By Playground, Schools, Shopping
Features See Remarks, Back Lane, No Smoking Home
Parking Space Total 3
Plan 470p
Structure See Remarks

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Appliances Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer
Architectural Style Bungalow
Basement Development Finished
Basement Features Walk-up, Suite
Basement Type Full (finished)
Constructed Date 1978
Construction Material Wood Frame
Construction Style Attachment Attached
Cooling Type None
Fireplace Present Yes
Fireplace Total 2
Flooring Type Carpeted, Laminate, Tile, Vinyl Plank
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 2,162 Ft2
Total Finished Area 2162.04 Sqft

Parking

Detached Garage 2
Other
Oversize
Parking Pad
See Remarks

Land

Acreage No
Fence Type Fence
Land Amenities Playground, Schools, Shopping
Size Depth 36.58 M
Size Frontage 15.25 M
Size Irregular 558.00
Size Total 558 M2|4,051 - 7,250 Sqft
Size Total Text 558 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

Rooms

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

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