01 / Property Detail

CORNERSTONE

559 Cornerstone Avenue Ne, Calgary, AB

$500,000

Residential · MLS® A2277324
3Bedrooms
3Bathrooms
1,337.8Sq Ft
2Garage
2020Year Built
02 / Overview

PROPERTY OVERVIEW

Immaculate 3 Bedroom Duplex with Income Potential in Cornerstone! Discover modern living at its finest in this pristine semi-detached duplex at 559 Cornerstone Avenue NE. Perfectly set up for families, first-time buyers, or investors, this home boasts of a spacious layout with 3 bedrooms upstairs and a separate entrance leading to the basement which is partially finished ideal for rental income or extended family. Three spacious bedrooms and laundry upstairs. Modern kitchen with high end appliances and open floor...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,337.8 sq ft
Lot Size2,292 sq ft
ZoningR-G
HeatingForced Air
CoolingSep. HVAC Units
ParkingOff Street • Parking Pad
ExteriorPrivate Entrance • Private Yard
BasementPartial
Year Built2020
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$225After mortgage & expenses
Cap Rate5.0%Based on market rents
Cash on Cash Return2.7%With 20% down payment
Est. Monthly Rent$2,491Based 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 Koomson Ferguson · Melcom Realty LTD.