$1,399,999

Residential · MLS® A2272119
6Bedrooms
2Bathrooms
1,417.46Sq Ft
3Garage
1947Year Built
02 / Overview

PROPERTY OVERVIEW

Click brochure link for more details. PRIME DEVELOPMENT OPPORTUNITY IN KILLARNEY - APPROVED FOR 10 UNITS! This oversized 64' x 124' lot in the highly sought-after community of Killarney is fully approved for a 10-unit multi-family development, with architectural plans and a building permit ready to go, making it an ideal project for developers and investors looking to build in one of Calgary's most desirable inner-city neighborhoods. Not ready to build yet? The existing renovated home features a separate (illegal)...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,417.46 sq ft
Lot Size7,976 sq ft
ZoningR-CG
HeatingHot Water • Natural Gas
CoolingWall/Window Unit(s)
ParkingAdditional Parking • Double Garage Detached • Off Street • On Street • Single Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1947
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,423After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-14.7%With 20% down payment
Est. Monthly Rent$2,781Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

KILLARNEY/GLENGARRY

Moderate Investment
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Investment Score74/100
Avg Home Price$1.0M
Active Listings42
Listed by Michelle Plach · Honestdoor Inc.