01 / Property Detail
RUTLAND PARK
3506 40 Avenue Sw, Calgary, AB
$424,900
Residential · MLS® A22629693Bedrooms
2Bathrooms
1,000Sq Ft
2Garage
1968Year Built
02 / Overview
PROPERTY OVERVIEW
**Judicial Listing Alert: Rutland Park Complex**
Nestled within the sought-after community of Rutland Park, this well-maintained 12-unit complex presents a unique opportunity for discerning buyers. Offering an inner-city retreat, the property is conveniently located within walking distance of Mount Royal University, providing easy access to educational facilities and numerous amenities. With its advantageous proximity to downtown, residents will enjoy the best of urban living combined with the tranquility of a park-like setting, surrounded by mature trees.
This particular unit features a charming...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,000 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingStall
ExteriorOther • Private Entrance • Private Yard
BasementFull
Year Built1968
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$403After mortgage & expenses
Cap Rate3.3%Based on market rents
Cash on Cash Return-5.7%With 20% down payment
Est. Monthly Rent$1,900Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RUTLAND PARK
Moderate InvestmentLoading map...
Investment Score67/100
Avg Home Price$899K
Active Listings4
Listed by Sabrina Watson · Real Estate Professionals Inc.