Address
714 7 Avenue Ne, Calgary, AB
Price
$ 900,000
Property Attributes
  • ID#A2296979
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityCalgary
  • CityCalgary
  • AreaRenfrew
  • NeighbourhoodRenfrew
  • Postal CodeT2E 0N5
  • Style
  • Year Built1933
  • Price$ 900,000
  • Bedrooms2
  • Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1573
Data Source:
Canadian Real Estate Association (CREA)
Property Description

This is a rare opportunity to acquire a fully operational, high-performing short-term rental in one of Calgary’s most desirable inner-city communities. Located at 714 7th Avenue NE in Bridgeland/Renfrew, this property is just steps from downtown, transit, and the Bow River pathway system.The home is not simply suited for Airbnb use, it is already established as one of the top-performing three-bedroom short-term rentals in the city. It currently ranks among the highest in Calgary for gross revenue in its category, with 158 reviews, a 4.84 rating, and Superhost status. All performance metrics are documented and supported by AirDNA data.Over $125,000 has been invested into renovations, furnishings, design, and technology, with a clear focus on maximizing guest experience and occupancy. The interior features a cohesive Mexican hacienda-inspired design with custom tile work, warm tones, and thoughtfully curated spaces that photograph well and encourage repeat bookings.The home offers three bedrooms, including a king suite, along with flexible sleeping arrangements such as trundles and a Murphy bed, allowing for a total capacity of up to 10 guests. There are 2.5 bathrooms, making it well suited for larger groups.One of the most unique features of this property is the fully permitted conversion of the triple-car garage into a games and entertainment space. This area includes arcade games such as Pac-Man and Buck Hunter, foosball, a Murphy bed, a minibar, and a half bathroom. This addition significantly enhances both guest experience and revenue potential in a way that is difficult to replicate.Additional features include a private hot tub with updated components, a dedicated home gym with proper flooring and equipment, a professional-grade kitchen designed for group use, smart locks, smart TVs with streaming capabilities, high-speed Wi-Fi, and central air conditioning.The property is fully licensed under BL267439 and is actively operating on both Airbnb and VRB O. An experienced operations team is already in place and may be retained by the buyer, providing support with pricing strategy, guest communication, cleaning, maintenance, and claims management. This allows for a seamless transition with no interruption to revenue or operations.The property consistently benefits from strong seasonal demand, including significant revenue increases during events such as the Calgary Stampede.Comprehensive financial statements, market data, and a full buyer package are available to qualified purchasers. This is a turnkey investment that has been carefully built and optimized over time. (id:7434)

* Sold date and price as reported on the RAE's MLS® System.

General Features

Features Back lane, Closet Organizers, Level
Property Type Single Family
Zoning Description R-CG
CommunityName Renfrew
Amenities Park, Playground, Schools, Shopping
Building Appliances Washer, Refrigerator, Gas stove(s), Dishwasher, Oven, Dryer, Hood Fan, Window Coverings, Garage door opener
Building Cooling Type None
Parking Space Total 3
Foundation Type Poured Concrete
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type Full (Finished)
Construction Material Wood frame
Construction Style Attachment Detached
Flooring Type Hardwood, Stone
Living Area Range 1573
Bedrooms 2

Exterior Features

Land Amenities Park, Playground, Schools, Shopping
Landscape Features Landscaped
Exterior Finish Metal, Stucco
Fence Type Partially fenced

Room Details

Room Dimensions Level Flooring Details
2pc Bathroom 5.00 Ft x 4.92 Ft Main level
3pc Bathroom 13.25 Ft x 5.25 Ft Main level
5pc Bathroom 13.58 Ft x 5.17 Ft Upper Level
Bedroom 13.58 Ft x 8.67 Ft Main level
Dining room 14.00 Ft x 8.50 Ft Main level
Exercise room 19.67 Ft x 11.17 Ft Main level
Foyer 7.83 Ft x 6.58 Ft Main level
Furnace 21.75 Ft x 15.25 Ft Basement
Kitchen 11.00 Ft x 10.00 Ft Main level
Living room 16.00 Ft x 11.83 Ft Main level
Office 12.92 Ft x 11.67 Ft Upper Level
Other 13.00 Ft x 5.00 Ft Upper Level
Primary Bedroom 20.33 Ft x 15.50 Ft Upper Level
Recreational, Games room 22.75 Ft x 19.92 Ft Main level
Storage 12.58 Ft x 9.08 Ft Basement

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T2E 0N5

Price
AVG $900K
$900K
Year Built
AVG 1933
1933

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