01 / Property Detail

SCARBORO/SUNALTA WEST

2424 17 Avenue Sw, Calgary, AB

$689,800

Residential · MLS® A2277184
3Bedrooms
2Bathrooms
1,150.53Sq Ft
2Garage
1952Year Built
02 / Overview

PROPERTY OVERVIEW

INVESTORS* DEVELOPERS* LANDLORDS* FLIPPERS: This is your chance to secure a prime development site in one of Calgary’s most desirable inner-city communities. A charming bungalow with endless potential in one of Calgary’s most connected inner-city locations. This 3 bedroom, 2 bath home sits on a 50 x 118 ft lot with H-GO zoning, offering excellent redevelopment or investment opportunities. The property features a fully developed illegal suite in the basement with a separate entrance. Enjoy the convenience of permitted front...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,150.53 sq ft
Lot Size5,898 sq ft
ZoningH-GO
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard • Storage
BasementFull
Year Built1952
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$894After mortgage & expenses
Cap Rate2.9%Based on market rents
Cash on Cash Return-7.8%With 20% down payment
Est. Monthly Rent$2,163Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SCARBORO/SUNALTA WEST

Needs Review
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Investment Score66/100
Avg Home Price$690K
Active Listings1
Listed by Beatrix Smolejova · Premiere Realty Direct