$1,099,000

Residential · MLS® A2280423
9Bedrooms
4Bathrooms
1,901.22Sq Ft
2Garage
1967Year Built
02 / Overview

PROPERTY OVERVIEW

Fantastic investment opportunity in the sought-after community of Varsity! This full side by side bi-level duplex offers three separate living spaces and an unbeatable location just minutes from the University of Calgary, Foothills Medical Centre, Alberta Children’s Hospital, schools, parks, shopping, and transit. 4013 Vance Place is split into two self contained units: the upper level features 2 spacious bedrooms, a 4-piece bathroom, in-suite laundry, hardwood floors, a bright living room, and a large eat-in kitchen with access to a...

03 / Details

PROPERTY DETAILS

Property TypeRESI
Building TypeDuplex
Total Finished Area1,901.22 sq ft
Lot Size7,771 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached • Garage Door Opener • Garage Faces Rear
ExteriorPRVY
BasementFull
Year Built1967
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$4102 units • After mortgage & expenses
Cap Rate6.3%Based on market rents
Cash on Cash Return2.2%With 20% down payment
Est. Monthly Rent$7,000Total for 2 units
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VARSITY

Strong Investment
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Investment Score80/100
Avg Home Price$763K
Active Listings72
Listed by Rishi Sund · RE/MAX Real Estate (Mountain View)