Welcome to 205 15 Avenue NE, a fantastic opportunity in the highly sought-after inner-city community of Crescent Heights. Offering excellent versatility, a prime location and thoughtful updates throughout, this home is ideal for homeowners, multi-generational families or investors looking for added income potential. Built in 1987, it offers newer construction than many homes in this established inner-city neighbourhood. The main level features 2 bedrooms along with bright and comfortable living and dining spaces and an updated kitchen complete with newer appliances, quartz countertops and a modern backsplash. The home also features updated bathrooms, cork flooring throughout much of the main level, and plenty of natural light. Downstairs, you'll find a legal 1-bedroom basement suite with its own separate entrance, providing an excellent mortgage helper, rental opportunity or private space for extended family. The lower level also features updated flooring, a spacious living area, its own kitchen and comfortable bedroom space. With over 1880 SF of developed living space, this home provides exceptional flexibility and functionality. A newer roof installed in 2022 offers added peace of mind. Outside, enjoy privacy with fenced front and back yards, a spacious rear deck perfect for summer entertaining, and an oversized single detached garage offering excellent parking, storage and workspace. Thoughtful exterior updates and beautifully established perennial gardens create welcoming curb appeal and year-round enjoyment. The location is hard to beat. You're just minutes from the restaurants, cafés, shops and everyday amenities along Edmonton Trail, Centre Street and 16 Avenue, with Crescent Heights Park, Rotary Park, Crescent Road and the Bow River pathway system all nearby. Downtown Calgary, Bridgeland, East Village, Prince's Island Park and some of Calgary's best inner-city dining and entertainment are all within easy reach. Commuters will appreciate quick access to 16 Avenue/Trans-Canada Highway, Edmonton Trail, Centre Street, Memorial Drive and Deerfoot Trail, providing convenient connections to downtown, SAIT, the University of Calgary, hospitals, the airport and the rest of the city. With a legal basement suite, oversized detached single garage and flexible living options, this property is well suited for homeowners, investors and multi-generational families alike. A rare opportunity to own a versatile inner-city property with income potential in one of Calgary's most desirable established neighbourhoods. UPDATES: LEGAL SUITE (2019), NEW ROOF (2022), BATHROOM UPDATES (2025), KITCHEN COUNTERTOPS UPSTAIRS (2023) DOWNSTAIRS (2026), APPLIANCES (2021), PAINT (2018 & 2024), BASEMENT FLOORS (2025), FENCE (2018 & 2024), EXTERIOR STONEWORK (2022). Please Note: some photos were virtually staged.