31 Rivercrest WAY SE new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2C 4J8
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,009 sqft
Price per Sqft $594
Subdivision Riverbend
MLS Listing ID A2222598
Style Bi-Level
Bedrooms 4
Full Baths 2
Year Built 1993
Annual Tax Amount $2,857
Tax Year 2024
Lot Size 3,476 Sqft
Acres 0.08
Property Sub-Type Detached
Source Calgary
Property Description
Exceptional Live-Up, Rent-Down Opportunity in Desirable Riverbend! Welcome to this beautiful and spacious bi-level home, offering a legal secondary suite—the perfect opportunity for homeowners looking to live in comfort upstairs while offsetting mortgage payments with rental income below ($1,700 per month in rental income for the legal suite alone). Whether you're a first-time buyer or a savvy investor, this property checks all the boxes. The upper level features a bright and airy open-concept layout with a generous living room highlighted by large bay windows that flood the space with natural light. The adjoining dining area offers ample space for hosting, while the well-appointed kitchen includes plenty of storage and a convenient separate side entrance. Completing the upper level is a spacious secondary bedroom, a 4-piece bathroom, and a massive primary retreat featuring dual closets and private access to the bathroom ($2,300 per month previously in rental income for the upper level alone). The fully legal basement suite has its own private entrance and is thoughtfully designed with an open concept living space, large windows, and excellent ceiling height, creating a bright and welcoming environment. The modern kitchen boasts upgraded stainless steel appliances, and the legal suite includes two generous bedrooms, a 4-piece bathroom, and shared access to laundry and storage areas. The legal suite is currently fully tenanted, providing immediate, stable income ($1,700 per month). Step outside to your West-facing backyard oasis—a perfect place to unwind, featuring a large concrete patio, fire pit, and green space ideal for entertaining or relaxing. A rear parking pad for two vehicles adds to the home's functionality and convenience. Located in the well-established and family-friendly community of Riverbend, this property is close to parks, playgrounds, schools, shopping, and offers easy access to major roadways for a smooth commute. Whether you're looking to enter the market with built-in rental support or add a strong performer to your investment portfolio, this is a rare opportunity you don't want to miss. Book your showing today and discover the financial freedom of live-up, rent-down living.
Location
Province AB
County Calgary
Area Cal Zone Se
Zoning R-CG
Direction E
Rooms
Basement Separate/Exterior Entry,Finished,Full,Suite,Walk-Up To Grade
Interior
Interior Features Ceiling Fan(s),No Smoking Home,Separate Entrance
Heating Forced Air,Natural Gas
Cooling None
Flooring Carpet,Ceramic Tile,Laminate
Inclusions Legal Basement Suite: Dishwasher, Electric Stove, Over the Range Microwave, Refrigerator, Window Coverings, Wardrobe.
Appliance Dishwasher,Electric Stove,Microwave,Range Hood,Refrigerator,Washer/Dryer Stacked,Window Coverings
Laundry Common Area
Exterior
Parking Features Alley Access,Parking Pad,Unpaved
Garage Description Alley Access,Parking Pad,Unpaved
Fence Fenced
Community Features Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Patio
Lot Frontage 32.15
Total Parking Spaces 2
Building
Lot Description Back Lane,Back Yard,Front Yard
Foundation Poured Concrete
Architectural Style Bi-Level
Level or Stories Bi-Level
Structure Type Brick,Wood Frame
Others
Restrictions Airspace Restriction,Restrictive Covenant
Tax ID 95347451
Ownership Private