All photos · 42
616 34 Avenue NE
PRIME INVESTMENT OPPORTUNITY with a LEGAL BASEMENT SUITE! This well-maintained bungalow offers strong income potential and flexibility for investors or homeowners alike. The LEGAL BASEMENT SUITE has been successfully operated as a short-term rental. Situated on a generous 5,758 SQ. FT. R-C2 ZONED LOT, this property also offers excellent FUTURE REDEVELOPMENT POTENTIAL. The home features approximately 939.58 sq. ft. above grade, with SEPARATE LIVING SPACES, UPDATED MECHANICALS, and RENOVATED INTERIORS throughout. The main floor includes a SPACIOUS KITCHEN with a breakfast bar, a large living area, 3 bedrooms and a 4-piece bathroom, SEPARATE LAUNDRY. The FULLY DEVELOPED LEGAL BASEMENT SUITE below offers its own PRIVATE ACCESS, kitchen, recreation room, 1 BEDROOM and a 3-PIECE BATHROOM, with laundry in the basement — ideal for short-term or long-term rental income. Outside, enjoy a patio, partially fenced back yard, back lane access, a SINGLE DETACHED GARAGE and a carport. Conveniently located close to downtown, transit, Deerfoot Trail, schools, parks, shopping, and Winston Golf Club, this property is a fantastic opportunity for CASH FLOW, a MORTGAGE HELPER, or future redevelopment.
- Listed
- Sep 26, 2026
- Property type
- Detached
- Year built
- 1956
- Parking total
- 2
- Basement
- Full
- Heating
- Forced Air
- Cooling
- None
| Living Room | Main | 11'5" x 17'11" |
| Bedroom | Main | 7'8" x 12'0" |
| Bedroom - Primary | Main | 11'6" x 10'11" |
| Kitchen | Main | 11'8" x 16'7" |
| 4pc Bathroom | Main | 8'2" x 5'2" |
| Bedroom | Main | 11'5" x 8'0" |
| Furnace/Utility Room | Basement | 10'4" x 14'11" |
| 3pc Bathroom | Basement | 10'1" x 8'3" |
| Game Room | Basement | 11'11" x 28'0" |
| Kitchen | Basement | 9'3" x 10'11" |
| Bedroom | Basement | 16'10" x 9'11" |
Measurements deemed reliable but not guaranteed.
Pin placed at the coordinates supplied by the MLS® System.
Estimated monthly payment
$3,193
Down payment: $129,980 · Loan: $519,920
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
PropZap Realty · Listing agent Bob Damji
MLS®# A2347696 · Last modified 2026-10-15
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 REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
All measurements and property details are deemed reliable but are not guaranteed and should be independently verified.
James Hughes, REALTOR® · CIR Realty
