Investment opportunities like this are becoming increasingly difficult to find. Offering immediate rental income, two self-contained living spaces, and the long-term advantages of owning a detached home in the established community of Highland Park, this property is an excellent addition to any real estate portfolio.
Located in the desirable inner-city community of Highland Park, investors will appreciate the strong rental appeal created by convenient access to downtown Calgary, Centre Street, Edmonton Trail, Deerfoot Trail, public transit, parks, schools, shopping, restaurants, and nearby amenities. The central location continues to attract tenants seeking affordable housing with excellent access throughout the city, making this a smart long-term investment.
The property features two separate living spaces, providing excellent income potential and flexibility. The main floor offers a well-maintained two-bedroom, one-bathroom living space with its own private washer and dryer. Thoughtful updates completed in approximately 2015 provide a move-in-ready living environment that continues to appeal to quality tenants.
The lower level features a separate one-bedroom, one-bathroom illegal suite, also complete with its own private washer and dryer.
One of the standout advantages of this property is that both are currently occupied under one-year lease agreements, providing immediate rental income from day one and reducing the uncertainty and costs associated with securing new tenants.
Outside, the detached single garage further enhances the property's desirability by providing secure parking, additional storage, or flexible space for tenant use. An increasingly valuable feature for rental properties in established inner-city neighbourhoods.
Whether you are looking to expand your investment portfolio, enter the Calgary rental market, or secure a property with future redevelopment potential commonly associated with established inner-city communities, this property offers outstanding value. Combining immediate cash flow, a detached home, two income-producing living spaces, a detached garage, and an exceptional Highland Park location, this is an investment opportunity well worth your consideration.
Data was last updated July 30, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$637,450
Min list price:
$175,000
Max list price:
$1,049,000
Avg days on market:
49
Min days on market:
1
Max days on market:
120
Avg price per sq.ft.:
$501.27
These statistics are generated based on the current listing's property type
and located in
Highland Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.