01 / Property Detail

CORNERSTONE

59 Cornerstone Avenue Ne, Calgary, AB

$550,000

Residential · MLS® A2274848
4Bedrooms
4Bathrooms
1,446.4Sq Ft
2Garage
2017Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this well-maintained 4 bedroom, 3.5 bathroom half-duplex located in the established community of Cornerstone NE. Offering over 1,440 sq. ft. of living space, this property features a bright and functional layout with large windows providing plenty of natural light throughout. The upper level includes 3 bedrooms, 2 full bathrooms, and its own dedicated laundry, creating convenience and privacy for the main living space. The basement is fully developed with a separate side entrance, its own laundry, and is...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,446.4 sq ft
Lot Size2,378 sq ft
ZoningR-Gm
HeatingForced Air
CoolingNone
ParkingOff Street • Parking Pad
ExteriorOther
BasementFull
Year Built2017
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$241After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.6%With 20% down payment
Est. Monthly Rent$2,731Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CORNERSTONE

Moderate Investment
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Investment Score73/100
Avg Home Price$622K
Active Listings85
Listed by Rose Calvelo · eXp Realty