720 69 Avenue SW, Calgary, AB, T2V 0P2

MLS® # A2316557

House For Sale In Kingsland, Calgary, Alberta

$624,900 QuickQuote^TM: $571K - $723K

2+2 Beds

2 Baths

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720 69 Avenue SW, Calgary, AB, T2V 0P2

$624,900

4 Beds

2 Baths

Property Information:

Income today. Development potential for tomorrow. Welcome to this exceptional opportunity in the highly sought-after community of Kingsland.Situated on a spacious 50' x 120' H-GO (Housing – Grade Oriented) lot, this property offers immediate rental income potential along with exciting future redevelopment possibilities (subject to City approvals and development permit requirements.) Whether you're an investor looking to expand your portfolio, a builder seeking your next project, or a homeowner wanting the flexibility of mortgage-supporting income, this property delivers outstanding value in a prime inner-city location.This 2 bedroom raised bungalow features a LEGAL 2-bedroom basement suite, creating two fully independent living spaces, each with their own private entrance, laundry facilities, two bedrooms, and a full 4-piece bathroom. This highly desirable setup provides excellent rental appeal and flexibility for multi-generational living.The upper level offers a bright and spacious living room, an updated kitchen complete with granite countertops, ample cabinetry, and a pantry cupboard for additional storage. The primary bedroom features the rare advantage of dual closets, while a second bedroom and full bathroom complete the main floor.Downstairs, the legal suite provides a comfortable and functional layout with its own kitchen, living area, two bedrooms, full bathroom, and separate laundry, making it ideal for tenants or extended family. Outside, the large backyard offers plenty of space for outdoor enjoyment while the generous lot size creates exciting future possibilities. Parking is abundant with space for two vehicles in the front driveway and an additional three parking stalls accessible from the rear of the property.Numerous updates provide added peace of mind, including replacement windows (approximately 2013), a sewer line sleeve installed in 2021, new shingles in 2025, new downspouts in 2025, and a newly installed bathroom fan on the upper level in 2025. Location is everything, and this property delivers. Ideally situated in the established community of Kingsland, you're just minutes from Chinook Centre, schools, parks, transit, the C-Train, MRU and major transportation routes. Residents enjoy quick access to downtown Calgary while benefiting from the convenience of nearby shopping, dining, and everyday amenities. Generate rental income while planning for the future, capitalize on the redevelopment potential of the H-GO zoning, or live in one suite while offsetting your mortgage with rental revenue from the other. Opportunities that combine cash flow, flexibility, and long-term upside in a location like this are increasingly hard to find. This is an investment in both the present and the future.

Inclusions: basement fridge,stove,washer and dryer, main floor blinds, shed

Building Features:

Total Finished Area: 786.49

Property Features:

Architectural Style: Bungalow
Built in: 1950
Construction Materials: Vinyl Siding
Cooling: None
Exterior Features: Other
Floor Space (approx): 786.49 Square Feet
Flooring: Carpet, Ceramic Tile
Foundation Details: Block
Heating: Forced Air
Interior Features: Granite Counters, No Smoking Home, Separate Entrance
Levels: One
Lot Size: 6092.00 Square Feet
Parking Features: Additional Parking, Driveway, Side By Side, Stall
Roof: Asphalt Shingle
Zoning: H-GO
No. of Parking Spaces: 5

Courtesy of: CIR Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Approximate value for 4 bed, 2 bath house in this area is:

List Price
below Estimate List Price
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$624,900

List Price

$571,482

$723,202

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Market Price Trends

Single family detached

4.79%

Price change (1 year)

60.32%

Price change (5 years)

All Properties

4.78%

Price change (1 year)

56.88%

Price change (5 years)

Location of 720 69 Avenue SW, Calgary, AB, T2V 0P2

Lifestyle
Neighbourhood

Demographic Information of 720 69 Avenue SW, Calgary, AB, T2V 0P2

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$83,668.55

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.87 %

High school certificate or equivalent

30.75 %

Apprenticeship trade certificate/diploma

7.01 %

College/non-university certificate

19.45 %

University certificate (below bachelor)

1.14 %

University Degree

26.78 %

Commuter

Travel To Work

By Car

75.82 %

By Public Transit

13.03 %

By Walking

8.1 %

By Bicycle

0.0 %

By Other Methods

3.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

52.63 %

Houses

47.37 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Single family detached

All Properties

Location of 720 69 Avenue SW, Calgary, AB, T2V 0P2

Demographic Information of 720 69 Avenue SW, Calgary, AB, T2V 0P2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

720 69 Avenue SW, Calgary, AB, T2V 0P2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing