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$1,050,000
A2342421 MLS® #
A rare opportunity to own a tenanted 4-plex in one of Calgary's most established inner-city communities. Tucked on a quiet street in Cambrian Heights, this property backs onto the kind of location investors watch for and rarely see come available: a short walk to Confederation Park's pathways, golf course, and cross-country ski trails, with quick access to SAIT, the University of Calgary, North Hill shopping centre, and downtown via 14th Street or 10th Street NW. Cambrian Heights is a well-established family-friendly neighbourhood, with schools, parks (Cambrian Heights Park, Cambrian Heights Lookout, Cambrian Heights Off-Leash Dog Park) and public transit right off Northmount Drive. The building holds four self-contained units: 3 occupied two-bedroom, one-bathroom suites with great, long-term tenants (on month-to-month leases) who've expressed interest in staying + 1 vacant one-bedroom, one-bathroom unit (newly renovated) ready for a new tenant or an owner-occupier who wants to live in one unit while the other three help cover the mortgage. Laundry is shared and four parking stalls are set at the rear of the building. Two of the four units have already been renovated, giving a new owner immediate rental appeal in half the building while leaving room to add value by updating the remaining two on your own timeline. Key capital items have been well maintained. Each unit has their own hot water tanks and high-efficiency furnaces replaced within the last three to five years. The stucco exterior was redone in 2013 and the roof was last replaced roughly 15 years ago. The building sits on a concrete foundation with wood-frame construction. Lot size is 55x100 with M-C1 zoning. Whether you're an investor looking to add a stabilized, cash-flowing asset to your portfolio, renovate and add value, or a buyer looking to live in one unit while tenants cover the rest, this property offers a strong combination of location, condition, and upside. Properties like this with good bones, good tenants, and a genuinely quiet inner-city address, tend to become the kind of asset families hold onto and pass down. Book your showing TODAY (tenants require 24-hour notice for showings).

126 Cumberland Drive Nw, Calgary

Courtesy of RE/MAX Real Estate (Mountain View).
$824,900
5 Beds ⋅ 2 Baths ⋅ A2338852 MLS® #
Nestled in the heart of Cambrian Heights, this spacious and versatile family home is located on a massive 2,300+ sq. ft. Lot, one of the biggest in the community - with enough space for 5-6 car off street parking frontage, and exceptional potential for comfortable family living or future development.Rare nine-foot ceilings on all levels create a bright, open, and expansive feel throughout the home. The main floor features an open-concept kitchen with soft-close cabinetry, granite countertops, and all stainless steel appliances. The dining and living rooms are particularly bright and spacious, enhanced by beautiful ¾-inch white oak hardwood flooring throughout.The 2 generous sized bedrooms feature closets extending to the ceiling, providing excellent storage. A full 4 pce upgraded bathroom has been tastefully renovated with new fixtures, ceramic tile, and granite countertops. A second fully upgraded and retiled bathroom is located on the lower level The walkout third level offers a direct entrance to the lower level and is thoughtfully laid out with existing plumbing and bedrooms featuring legal egress window openings. The lowest level is framed, including large windows - an excellent opportunity to create either a bathroom, bedroom, and living area—or a kitchen, dining room, and living area for a potential basement suite (subject to the necessary approvals).Outside, the treed yard features a large deck, a firepit area, and huge backyard perfect for family gatherings. Completing the property is a huge 22' x 22' detached garage. Conveniently located close to schools, parks, transit, shopping, and other amenities, this well-appointed home combines thoughtful upgrades, generous space, and outstanding future potential in a sought-after community. Other recent upgrades include the following: R50 attic insulation on upper and lower roofs in May 2017, Asbestos test and removal in May 2017, Front and rear door replaced June 2017, Flat ceiling and pot lights throughout main level (added June 2017), Fence done July 2018, Patio June 2020, Supreme 3 pane low e windows including egress window downstairs (Nov 2022), All up down in casing blinds done (Jan 2023), 5” gutters installed (May 2024), 2 bathrooms remodeled (Oct 2025)

173 Cornwallis Drive Nw, Calgary

Courtesy of Real Estate Professionals Inc..

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