Active

PARKDALE

3652 8 Avenue Nw, Calgary, AB

$1,500,000

Residential ยท MLSยฎ A2260849
2Bedrooms
1Bathrooms
895.11Sq Ft
2Garage
1954Year Built
02 / Overview

PROPERTY OVERVIEW

Land Value Only. Subdivision has been done for 2 lots of 32/150 ft each and DP is approved with conditions for both lots with 3,020 sq ft detached house on one lot and 3,400 sq ft detached house on the second lot. The land is surrounded by luxury custom built homes - you could be the next one on the block! Easy Access to 16 Ave, Crowchild Tr, Memorial Dr, playgrounds, parks, close proximity to the Foothills and Children's Hospital,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area895.11 sq ft
Lot Size9,590 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingSingle Garage Attached
ExteriorFire Pit
BasementFull
Year Built1954
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$4,939After mortgage & expenses
Cap Rate0.5%Based on market rents
Cash on Cash Return-19.8%With 20% down payment
Est. Monthly Rent$1,666Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PARKDALE

Strong Investment
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Investment Score75/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Ramesh Verma ยท Real Estate Professionals Inc.