Fantastic opportunity to own a revenue property in one of Calgary’s most walkable(84 Walk score) underrated & quickly developing inner-city communities. Ramsay has that small town vibe with walking distance to big city energy. This 1,078 sq. ft. bi-level has six bedrooms, three bathrooms and an up/down illegal suite, with two furnaces, two hot-water tanks and shared laundry. Both levels are occupied by stable tenants who would like to stay.
The real story here is the location and the long-term potential of Ramsay. Downtown is approximately four minutes away by car, with historic Inglewood just as close. Walk to the new arena or Stampede. The City is investing in the Ramsay–Inglewood area through new streetscapes, parks and pathway connections, while the future Ramsay/Inglewood Green Line station is planned to connect the neighbourhood with downtown and southeast Calgary. Like fireworks & One of Calgary's best views at Scotchmans Hill is 5 blocks away.
This is also becoming one of Calgary’s best areas for local beer, food and independent businesses. Dandy Brewing is in Ramsay, with Eighty-Eight Brewing, Cold Garden and the future return of Ol’ Beautiful nearby. Good Cheer Brewing has also joined Ramsay in a restored historic building. Just down the hill, Inglewood offers independent shops, restaurants, live music at the Ironwood Stage & Grill and Pedal Pub brewery tours.
Buy into Ramsay while it is still evolving, keep two established tenants in place and hold a property in a location that continues to become more connected, active and desirable. Updates: Upstairs: Triple-pane, double-glazed windows, furnace replaced in 2006, serviced in 2020 and 2023 (replace motors), H20 tank replaced in 2022, range replaced in April 2022, paint refreshed in 2019. Lower: Furnace replaced in 2017, serviced in 2025 , water heater replaced in ~2009, paint refreshed in 2016, Dryer replaced in December 2022. EXTERIOR: Shingles replaced in June 2014, Gutters cleaned in 2026, Fence replaced (excluding North section) in 2019.
Address
1117 8 Street SE
List Price
$745,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bi-Level
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Ramsay
Bedrooms
6
Bathrooms
3
Floor Area
1,078 Sq. Ft.
Lot Size
4951 Sq. Ft.
Year Built
1977
MLS® Number
A2336062
Listing Brokerage
KIC Realty
Basement Area
Full
Postal Code
T2G2Z6
Zoning
DC
Site Influences
Back Yard, Front Yard, Interior Lot, Lawn, Many Trees, Schools Nearby, Shopping Nearby, No Back Lane, Park, Walking/Bike Paths, Playground, Private