$725,000

Residential · MLS® A2281394
3Bedrooms
2Bathrooms
1,083Sq Ft
3Garage
1949Year Built
02 / Overview

PROPERTY OVERVIEW

Exceptional Riverfront Property in West Hillhurst – Endless Potential! Location, Location, Location! This rare gem offers over 100 feet of prime riverfront frontage when purchased together with 2820 Parkdale Blvd. Boasting the newly approved R-CG zoning, the development possibilities are truly limitless! Situated in the highly coveted inner-city community of West Hillhurst, this property is perfectly positioned to maximize both convenience and lifestyle. Just minutes from downtown Calgary, you'll have easy access to the vibrant shops and...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,083 sq ft
Lot Size4,660 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorNone
BasementFull
Year Built1949
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,168After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-9.7%With 20% down payment
Est. Monthly Rent$2,045Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

WEST HILLHURST

Moderate Investment
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Investment Score70/100
Avg Home Price$1.1M
Active Listings45
Listed by Kevin Chau · RE/MAX Real Estate (Mountain View)