$1,050,000

Residential · MLS® A2261912
6Bedrooms
2Bathrooms
1,153Sq Ft
1Garage
1954Year Built
02 / Overview

PROPERTY OVERVIEW

Young growing family and developers, opportunities like this Banff Trail bungalow don’t come along very often! Set on a 50’x120’ CORNER LOT and facing a park, the property is prime for an upgrade, whether that’s a full remodel or a redevelopment – stylish infills are increasingly popular in the area. The corner lot offers plenty of free street parking. ***UPGRADES*** include: Furnace (2015), Roof (2012), Electric Panel (1994), Main Floor Bedroom Window (2015), and three Basement Bedroom Windows (2015). ...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,153 sq ft
Lot Size6,006 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorAwning(s) • Private Yard
BasementFull
Year Built1954
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,335After mortgage & expenses
Cap Rate1.8%Based on market rents
Cash on Cash Return-13.3%With 20% down payment
Est. Monthly Rent$2,318Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BANFF TRAIL

Moderate Investment
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Investment Score70/100
Avg Home Price$1.1M
Active Listings19
Listed by Koshy Thomas · Greater Calgary Real Estate