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614 23 Avenue SW
homes for sale · Calgary · Cliff Bungalow
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$1,199,000

614 23 Avenue SW

Cliff Bungalow, Calgary · MLS® A2344859

452

1,671 sq ft · 279 m² lot · House · Single Family · built 1910 · 42 days on market

listed by Derrick Newman, CIR Realty

realtor's description

Welcome to 614 23rd Avenue SW, located in Calgary’s vibrant inner-city community of Cliff Bungalow. With nearly 2800 sq ft of useable living space, this exceptional property offers savvy investors multiple opportunities, with four recently renovated, self-contained suites, strong cash-flow potential, and an unbeatable, walkable location. From the moment you arrive, the inviting front porch and classic heritage character create a warm and memorable first impression. The main floor features two separate suites—one at the front of the home and one at the rear. Each suite offers a comfortable living area, bedroom space, and full bathroom, complemented by original hardwood and luxury vinyl plank flooring, quartz countertops, upgraded appliances, and plenty of timeless character. The upper suite is the crown jewel of the property. Finished with luxury vinyl plank flooring throughout, it features a renovated kitchen with quartz countertops, upgraded appliances, a two full bathrooms and an oversized primary bedroom, complete with a well appointed ensuite. An additional 200-square-foot loft space provides valuable flexibility, including a home office, maximizing the suite’s rental potential. The basement suite offers a cozy and private retreat with a kitchen, living area, bedroom space, and full bathroom. All four suites are equipped with their own laundry facilities for added tenant convenience. A double detached garage provides additional income potential and valuable off-street parking. This building is also suitable for short term rentals such as AirBnB which is an added bonus. The location is second to none—just steps from the Elbow River pathway system, approximately 10 minutes from downtown, and minutes from the restaurants, shops, and entertainment of both Mission and 17th Avenue. Whether you’re looking for a mortgage helper while living in the upper suite or an investment property with multiple rental streams. This versatile opportunity delivers in every way.

property details

type
House, Single Family
bedrooms
4
bathrooms
5
living area
1,671 sq ft
lot
279 m²
parking
2
year built
1910
property tax
$5,941 / yr
days on market
42
MLS®
A2344859

features

  • Treed
  • See remarks
  • Back lane
  • Level

monthly cost

$5,719/mo
Mortgage $5,224 · Tax $495

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,224/ monthly
loan $959,200
25-year amortization
total interest
$607,978
land title fees
$2,260
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$242,060
down + land title fees
total paid
$1,567,178

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Cliff Bungalow, CalgaryGoogle Maps ↗

Rapid transit: Erlton/Stampede CTrain station, 1.1 km (about 18 min walk); Victoria Park/Stampede CTrain station, 1.3 km (about 21 min walk).

schools

Nearest public (CBE) and Catholic schools, by distance

  • Elementary · CBE Earl Grey School576 m
  • Middle · CBE Rideau Park School823 m
  • Secondary · CBE Western Canada High School516 m
  • Elementary · Catholic Our Lady of Lourdes580 m
  • Secondary · Catholic St. Mary's High School880 m

The nearest school isn't always the designated one, and Calgary's boards don't publish their boundaries as open data. Check this address with the CBE school finder or Calgary Catholic's. School locations: City of Calgary open data.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Derrick Newman
CIR Realty
call Derrick · 403-619-6661
Powered by: REALTOR.ca

similar homes nearby

city assessment

$893,500

2026 assessment · market value as of July 1, 2025

  • Up 2.3% from $873,000 in 2025
  • $716,000 in 2016 (25% over ten years)
  • Asking price is 34% above the assessment
  • Built 1910
  • Lot 279 m² (2,998 sq ft)
roll yearassessed
2026$893,500
2025$873,000
2024$777,000
2023$690,000
2022$653,500
2021$652,000
2020$633,000
2019$697,500

From City of Calgary open data (property assessments), matched to 614 23 AV SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.

property tax

about $5,942 a year

The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).

The listing shows $5,941 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.

location

Cliff Bungalow, CalgaryGoogle Maps ↗
Drive times
  • Western Canada High2 min
  • Our Lady of Lourdes3 min
  • University of Calgary Downtown Campus4 min
  • Downtown Calgary5 min
  • Sheldon M. Chumir Health Centre5 min
  • YYC airport23 min

Rapid transit: Erlton/Stampede CTrain station, 1.1 km (about 18 min walk); Victoria Park/Stampede CTrain station, 1.3 km (about 21 min walk).

97

Walkability 97/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 66 places to eat or drink, 11 cafes, 14 parks and playgrounds, 6 schools, 3 pharmacies, 28 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

608 24 Avenue SW, Calgary
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House
$1,199,900
4methe deep dive
608 24 Avenue SW
Cliff Bungalow, Calgary29 days on market
listed by REMAX Innovations
4422,021 sq ft
MLS® A2345488