$549,000

Residential · MLS® A2275237
1Bedrooms
1Bathrooms
1,217.5Sq Ft
1Garage
1913Year Built
02 / Overview

PROPERTY OVERVIEW

Attention Builders, Developers & Investors! Exceptional DP APPROVED for 4 UNITS, infill opportunity in Inglewood, one of Calgary’s most iconic and in-demand inner-city communities. Approved for a back-to-back duplex with two legal basement suites (4 units total), this project is truly shovel-ready. Utilities have been disconnected, the demolition permit is approved, and the interior of the existing home has already been stripped down to the studs — no asbestos remediation required. Build immediately and capitalize this season. Situated just 8...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,217.5 sq ft
Lot Size3,003 sq ft
ZoningR-CG
HeatingNone
CoolingNone
ParkingSingle Garage Detached
ExteriorGarden
BasementFull
Year Built1913
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$252After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-2.8%With 20% down payment
Est. Monthly Rent$2,181Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

INGLEWOOD

Moderate Investment
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Investment Score64/100
Avg Home Price$1.0M
Active Listings20
Listed by Farhod Shamsiyev · Grand Realty