01 / Property Detail

BONAVISTA DOWNS

1315 Lake Michigan Crescent Se, Calgary, AB

$784,900

Residential · MLS® A2280386
3Bedrooms
4Bathrooms
1,570Sq Ft
3Garage
1972Year Built
02 / Overview

PROPERTY OVERVIEW

A thoughtfully, well-designed two-storey home with numerous improvements and upgrades is now available in the very desirable SE community of Bonavista Downs. This is a unique home in that it features two garages. The first is a front-facing, single (21’x12’), attached, insulated and heated garage with upgraded wiring, and finished interior which includes shelving. The front rubber-paved driveway offers additional parking. The second is an oversized double (25’ x 28’), heated, detached garage accessed from the paved alley, and has...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,570 sq ft
Lot Size5,791 sq ft
ZoningR-CG
HeatingHigh Efficiency • Fireplace(s) • Forced Air
CoolingNone
Parking220 Volt Wiring • Alley Access • Concrete Driveway • Double Garage Detached • Garage Door Opener • Garage Faces Front • Garage Faces Rear • Insulated • Oversized • Single Garage Attached • Workshop in Garage
ExteriorPrivate Yard • Rain Barrel/Cistern(s)
BasementFull
Year Built1972
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$580After mortgage & expenses
Cap Rate3.6%Based on market rents
Cash on Cash Return-4.4%With 20% down payment
Est. Monthly Rent$2,898Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BONAVISTA DOWNS

Strong Investment
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Investment Score76/100
Avg Home Price$761K
Active Listings7
Listed by Sergey Korostensky · Comox Realty