$579,900

Residential · MLS® A2266062
4Bedrooms
2Bathrooms
1,187.59Sq Ft
2Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

This 1187 sq ft bungalow with a legal secondary suite, as well as detached double garage is situated on a 50 ft wide lot on a quiet street in close-in Fairview. 3 bedrooms up and a one bedroom City of Calgary Legal suite downstairs, this home is ideal for a young couple needing income from a secondary suite or an investor looking for an affordable rental property. The basement was redone in 2019 as well as laminate floors on the...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,187.59 sq ft
Lot Size4,994 sq ft
ZoningH-GO
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Double Garage Detached • Garage Door Opener • See Remarks
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$292After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-3.0%With 20% down payment
Est. Monthly Rent$2,278Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FAIRVIEW

Moderate Investment
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Investment Score70/100
Avg Home Price$693K
Active Listings3
Listed by David Kube · Calgary West Realty