01 / Property Detail

INGLEWOOD

1640 15 Street Se, Calgary, AB

$850,000

Residential · MLS® A2280968
5Bedrooms
3Bathrooms
2,039Sq Ft
1Garage
1926Year Built
02 / Overview

PROPERTY OVERVIEW

Potential Triplex! Located in the heart of Calgary’s oldest neighbourhood, this remarkable property is the crown jewel of Inglewood, a gem with endless potential. This extraordinary property is situated on an impressive lot, offering one and a half times the standard lot-size in the neighbourhood! The lot is 37.6’ by 129’ and is zoned R-CG - offering potential for development while also offering the versatility of enhancing the existing home. The original residence, dating back to the 1920’s, exudes timeless...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,039 sq ft
Lot Size4,876 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingAdditional Parking • Driveway • Single Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built1926
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$51After mortgage & expenses
Cap Rate4.5%Based on market rents
Cash on Cash Return0.4%With 20% down payment
Est. Monthly Rent$3,818Based 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 Score65/100
Avg Home Price$1.0M
Active Listings20
Listed by Kristina Lozic · Real Estate Professionals Inc.