7002 54 Avenue Nw, Calgary, Alberta

$520,000

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5

Beds

3

Baths

976

Square feet

0.08

Acres

About 7002 54 Avenue Nw

Vacant and ready for your next tenant—or two! This half-duplex in Silver Springs is a rare find for investors looking for immediate upside and strong rental potential. With a flexible layout and existing separation via a private entrance, this property offers the ability to generate up to $3,300/month in rental income. Upstairs includes three bedrooms and a full bathroom, while the basement features two large private rooms, each with their own ensuite. Turn this into a live up and rent down home! The rear bedroom area is already plumbed and set up to function as a nearly self-contained unit—just one wall away from being fully independent. With 976 sq ft on the main level and another 800 sq ft in the developed basement, there’s ample space for tenants and excellent utility as a long-term or short-term rental property. Investors will appreciate that the heavy lifting is already done. Live in one unit and rent the other, or set up two separate tenancies with shared laundry—this is a versatile income property that gives you options. Located on a quiet street in established Silver Springs, this property is just minutes to the community outdoor pool, shopping at Crowfoot Crossing, transit, parks, and pathways along the Bow River. Crowchild Trail and Stoney Trail are easily accessible, offering quick connections across the city or out to the mountains. Whether you’re building your portfolio or entering the market with your first investment, this opportunity checks the boxes for location, layout, and potential.

Features of 7002 54 Avenue Nw

MLS® # A2219703
Price $520,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 976
Acres 0.08
Year Built 1975
Type Residential
Sub-Type Semi Detached
Style Side by Side, Bi-Level
Status Active

Community Information

Address 7002 54 Avenue Nw
Subdivision Silver Springs
City Calgary
County Calgary
Province Alberta
Postal Code T3B 4C3

Amenities

Parking Spaces 1
Parking Off Street, Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features No Animal Home, No Smoking Home
Appliances Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer
Heating Forced Air, Natural Gas
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning
Has Basement Yes
Basement Finished, Full, Suite

Exterior

Exterior Features Private Yard
Lot Description Back Yard, Corner Lot, Low Maintenance Landscape
Roof Tar/Gravel
Construction Stucco
Foundation Poured Concrete

Additional Information

Date Listed May 9th, 2025
Days on Market 1
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Real Estate (Mountain View)

Listing Map