01 / Property Detail

RICHMOND

2314 Richmond Road Sw, Calgary, AB

$849,999

Residential · MLS® A2282532
3Bedrooms
2Bathrooms
1,417.68Sq Ft
1Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

50x131 FT RC-G Lot Bungalow with a rear width of 58 FT, offering outstanding potential for living, renting, or future redevelopment. The property includes a front attached garage and an illegal basement suite, all situated on a large 7,000+ sqft west-facing lot in the desirable inner-city community of Richmond.

This well-kept bungalow features a bright and functional main floor with a comfortable living room and a formal dining area ideal for entertaining. A spacious family room and a beautiful kitchen with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,417.68 sq ft
Lot Size7,061 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingSingle Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,136After mortgage & expenses
Cap Rate2.9%Based on market rents
Cash on Cash Return-8.0%With 20% down payment
Est. Monthly Rent$2,631Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RICHMOND

Moderate Investment
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Investment Score66/100
Avg Home Price$1.1M
Active Listings34
Listed by Sahil Devnani · Century 21 Bravo Realty