$265,000

Residential · MLS® A2267173
2Bedrooms
1Bathrooms
471.9Sq Ft
2Garage
1971Year Built
02 / Overview

PROPERTY OVERVIEW

Beautifully Updated Home — Perfect for First-Time Buyers!

This is NOT a condo — there are NO condo fees!

The home has been fully renovated from top to bottom, featuring brand-new vinyl plank flooring throughout, fresh paint, and numerous modern updates. Major improvements include new subfloors and underlay, newer windows, and an electrical upgrade from 60-amp to 100-amp service, completed by a licensed electrician and City of Calgary–approved. All plugs and switches have been replaced with tamper-proof outlets for added safety.

The interior...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area471.9 sq ft
Lot Size1,603 sq ft
ZoningM-C1
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorBalcony • Private Yard
BasementFull
Year Built1971
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$248After mortgage & expenses
Cap Rate3.3%Based on market rents
Cash on Cash Return-5.6%With 20% down payment
Est. Monthly Rent$926Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PENBROOKE MEADOWS

Moderate Investment
Loading map...
Investment Score60/100
Avg Home Price$394K
Active Listings25
Listed by Reuben Noblet · REMAX Innovations