$485,000

Residential · MLS® A2282145
4Bedrooms
2Bathrooms
909.77Sq Ft
2Garage
1977Year Built
02 / Overview

PROPERTY OVERVIEW

First-Time Buyers, Investors & Savvy House Hackers - this one is a MUST SEE for you! Welcome to 70 Midridge Gardens SE, a perfectly located (NO CONDO FEE) bi-level duplex in the heart of Midnapore! This hidden gem offers absolutely incredible value, functionality, and of course … access to one of Calgary’s most favorite lake communities! The practical bi-level floorplan of 2 bedrooms up and 2 bedrooms down works beautifully for couples, families, roommates, or investors alike! The UPDATED kitchen...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area909.77 sq ft
Lot Size3,304 sq ft
ZoningM-C1 d100
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • Parking Pad
ExteriorGarden • Private Entrance • Private Yard
BasementFull
Year Built1977
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$687After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.5%With 20% down payment
Est. Monthly Rent$1,792Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MIDNAPORE

Strong Investment
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Investment Score76/100
Avg Home Price$449K
Active Listings14
Listed by Anastasia Naoumtchik · REMAX Innovations