Question 1

What are the monthly costs for 4704 14 Street NW?

Accepted Answer

The estimated monthly costs for 4704 14 Street NW are approximately $4,486.31, including mortgage payment of $4,052.98 (with 20% down at 5.5% interest), property taxes of $433.33/month. Contact us for personalized financing options and current rates.

Question 2

What is the rental income potential for 4704 14 Street NW, Calgary?

Accepted Answer

This 1920 sqft property at 4704 14 Street NW could generate approximately $2,592.00/month in rental income (based on Calgary's $1.35/sqft average). After expenses including property tax, maintenance, and management fees, the estimated net rental yield is 1.84% annually. Actual rental rates vary by specific location, property condition, and current market demand.

Question 3

How much are property taxes for 4704 14 Street NW?

Accepted Answer

Annual property taxes for 4704 14 Street NW are $5,200.00, which equals $433.33/month. Calgary property taxes are based on assessed value and municipal mill rates, which are set annually. This tax rate represents approximately 0.63% of the property value.

Question 4

Is 4704 14 Street NW a good investment property?

Accepted Answer

4704 14 Street NW presents good investment value at $429.69/sqft. This 0 bedroom, 0 bathroom MFAM offers an estimated gross rental yield of 3.77% with potential monthly rental income of $2,592.00. Calgary's stable economy, growing population, and diverse rental demand make it an attractive market for real estate investors. Use our investment analysis tools to calculate detailed cash flow, cap rate, and ROI projections specific to this property.

Question 5

What is the neighborhood like for 4704 14 Street NW?

Accepted Answer

4704 14 Street NW is located in Calgary, Alberta, a vibrant metropolitan area with strong economic fundamentals and growing rental demand. Calgary consistently ranks among Canada's top cities for real estate investment due to its diversified economy, high employment rates, excellent infrastructure, and quality of life. The property provides access to local amenities including shopping, dining, schools, parks, and public transportation. For detailed neighborhood statistics, walkability scores, nearby amenities, and investment metrics specific to this location, contact our investment specialists.

Question 6

How old is 4704 14 Street NW?

Accepted Answer

As a mature property (built 1964), this 61-year-old building may present renovation opportunities to add value through modernization. Consider budgeting for potential updates to mechanical systems (HVAC, plumbing, electrical), which can increase rental income and property value. Older properties in desirable locations often have excellent bones and redevelopment potential.

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