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 |
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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 |
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Subdivision | Silver Springs |
City | Calgary |
County | Calgary |
Province | Alberta |
Postal Code | T3B 4C3 |
Amenities
Parking Spaces | 1 |
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Parking | Off Street, Parking Pad |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | No Animal Home, No Smoking Home |
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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 |
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Lot Description | Back Yard, Corner Lot, Low Maintenance Landscape |
Roof | Tar/Gravel |
Construction | Stucco |
Foundation | Poured Concrete |
Additional Information
Date Listed | May 9th, 2025 |
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Days on Market | 1 |
Zoning | R-CG |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX Real Estate (Mountain View) |
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