01 / Property Detail
GLAMORGAN
173 Gordon Drive Sw, Calgary, AB
$635,000
Residential · MLS® A22811506Bedrooms
2Bathrooms
1,008.22Sq Ft
0Garage
1959Year Built
02 / Overview
PROPERTY OVERVIEW
ATTENTION INVESTORS! Turn-key 6 bed/2 bath bungalow on a 52 × 100 ft lot, only minutes to Mount Royal University. Updates include kitchen & full electrical w/ new panel (2010), shingles (2014), plus luxury vinyl plank flooring, full interior paint and 2 windows (2024). Separate rear entrance makes a future legal basement suite straightforward. Sunny, usable yard offers excellent outdoor space today and R-CG land-use gives long-term redevelopment potential. Walk to campus, transit, grocery, cafés and major routes. Solid cash-flow...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,008.22 sq ft
Lot Size485 sq ft
ZoningR-CG
HeatingCeiling • Natural Gas
CoolingNone
ParkingOff Street • On Street
ExteriorPrivate Yard
BasementFull
Year Built1959
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$750After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.1%With 20% down payment
Est. Monthly Rent$2,064Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GLAMORGAN
Moderate InvestmentLoading map...
Investment Score68/100
Avg Home Price$457K
Active Listings8
Listed by Anthony Therrien-Bernard · eXp Realty