509 & 511 13 Avenue Ne, Calgary

$1,199,000

5 Beds
2 Baths
2,162 Sqft
.14 Acres
2 Garages

Exceptional Investment Opportunity in Renfrew –FULL Duplex (BOTH SIDES!) on One Title with Endless Potential. Here’s your chance to secure a fully equipped side-by-side FULL duplex (#509 and #511! ) on one title, ideally situated on a generous 50' x 120' lot in the sought-after inner-city community of Renfrew. Whether you're a savvy investor looking for strong, immediate cash flow, or a developer exploring redevelopment options, this property checks all the boxes. Each main unit offers 1,081 sqft above grade and features 3 bedrooms (2 up + 1 den/bedroom), updated flooring, bright and spacious living areas with large windows and cozy fireplaces, and functional kitchens designed for everyday comfort. The basement units are 964 sf and have 2 bedrooms, 1 bathroom, living room + kitchen +laundry + den (storage) or it can also be a bedroom if necessary. Private separate basement entrances open the door to converting this property into four self-contained income-generating suites, dramatically increasing your rental potential. Outside, enjoy the convenience of a double detached garage plus an extended parking pad, offering ample space for tenants. Bonus: Both units 509 and 511 are occupied by long-term tenants (11 and 9 years), who would love to stay—providing you with turnkey rental income of $2,800/month and $2,600/month, respectively. Situated just steps from two parks and minutes from Bridgeland’s vibrant shops and restaurants, top-rated schools, public transit, major roadways, downtown Calgary, the Calgary Zoo, and TELUS Spark—this location is truly unbeatable for both renters and future redevelopment. Whether you hold, renovate, or rebuild, this property is a smart investment in a high-demand location. Opportunities like this are rare—act fast!

Essential Information
MLS® #A2208196
Price$1,199,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage2,162
Acres0.14
Year Built1978
TypeResidential
Sub-TypeDuplex
StyleSide by Side, Bungalow
StatusActive
Community Information
Address509 & 511 13 Avenue Ne
SubdivisionRenfrew
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2E 1C5
Amenities
Parking Spaces3
# of Garages2
Parking

Double Garage Detached, Off Street, Oversized, Parking Pad, See Remarks, Stall

Interior
Interior FeaturesNo Smoking Home, See Remarks
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
FireplaceYes
# of Fireplaces2
Appliances

Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer

Basement

Finished, Full, Suite, Walk-Up To Grade

Fireplaces

Living Room, Mantle, Wood Burning

Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, See Remarks

Additional Information
ZoningR-CG
Listing Details
OfficeCIR Realty
LISTING MAP

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