616 34 Avenue Ne, Calgary
PRIME INVESTMENT OPPORTUNITY with a LEGAL BASEMENT SUITE! This well-maintained bungalow offers strong income potential and flexibility for investors or homeowners alike. The LEGAL BASEMENT SUITE has been successfully operated as a short-term rental. Situated on a generous 5,758 SQ. FT. R-C2 ZONED LOT, this property also offers excellent FUTURE REDEVELOPMENT POTENTIAL. The home features approximately 939.58 sq. ft. above grade, with SEPARATE LIVING SPACES, UPDATED MECHANICALS, and RENOVATED INTERIORS throughout. The main floor includes a SPACIOUS KITCHEN with a breakfast bar, a large living area, 3 bedrooms and a 4-piece bathroom, SEPARATE LAUNDRY. The FULLY DEVELOPED LEGAL BASEMENT SUITE below offers its own PRIVATE ACCESS, kitchen, recreation room, 1 BEDROOM and a 3-PIECE BATHROOM, with laundry in the basement — ideal for short-term or long-term rental income. Outside, enjoy a patio, partially fenced back yard, back lane access, a SINGLE DETACHED GARAGE and a carport. Conveniently located close to downtown, transit, Deerfoot Trail, schools, parks, shopping, and Winston Golf Club, this property is a fantastic opportunity for CASH FLOW, a MORTGAGE HELPER, or future redevelopment. (id:1945)
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Property details for 616 34 Avenue Ne, Calgary
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 940 square feet
- Lot Size
- 535.00
- Stories
- 1
- Basement
- Finished, Full, Separate entrance, Suite
- Parking
- Detached Garage, Carport
- Heating
- Forced air
- Cooling
- None
- Exterior
- Metal
- Ownership
- Freehold
- Annual Taxes
- $4,023 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 616 34 Avenue Ne
Active Listings
21
Min Price
$409,900
Max Price
$1,299,900
Avg Price
$721,149
Days on Market
55
days
Sold Listings
9
Min Sold Price
$330,000
Max Sold Price
$1,349,999
Avg Sold Price
$623,255
Days until Sold
36
days
Neighbourhood Census Data
Calgary, Alberta
Population
402
Median Age
35.5
Median Income
$37,675
Dwelling Value
$300,337
Housing Tenure
Owners 46%
Renters 54%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1,508.4/km²
Avg Shelter Cost: $1,152/mo
Owners with Mortgage: 52.6%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 40.9%
English only: 90%
English and French: 10%
Neither: 1.3%
Median Household Income: $65,152
Median Employment Income: $37,888
Price History
Listed
September 27, 2026
by PropZap Realty
Current Price
$649,900
-4.4% from last change
Type
Residential
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $649,900 | $30,000 (-4.4%) |
| Oct 5, 2026 | $679,900 | $9,100 (-1.3%) |
| Sep 27, 2026 | $689,000 | $10,000 (-1.4%) |
| Jul 31, 2026 | $699,000 | Listed |
