$728,000

Residential · MLS® A2283011
5Bedrooms
2Bathrooms
1,009Sq Ft
1Garage
1920Year Built
02 / Overview

PROPERTY OVERVIEW

Prime Location Alert! Exceptional M-C2 zoned property in the heart of vibrant Crescent Heights—a must-see for buyers, investors, and developers! Unlock outstanding investment potential with strong cash-flow and exciting redevelopment opportunities. This well-maintained older bungalow, featuring a fully finished basement, offers a fantastic canvas for a high-value renovation project. Steps from top-rated restaurants, trendy shops, and excellent schools, plus just minutes to Downtown, SAIT, and lush parks. Enjoy seamless access with multiple public transit options. Builders/Developers: Next door 218 15...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,009 sq ft
Lot Size4,886 sq ft
ZoningM-C2
HeatingForced Air
CoolingNone
ParkingOff Street
ExteriorNone
BasementFull
Year Built1920
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,210After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-10.0%With 20% down payment
Est. Monthly Rent$2,016Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CRESCENT HEIGHTS

Moderate Investment
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Investment Score69/100
Avg Home Price$538K
Active Listings35
Listed by Elton Lui · Century 21 Bravo Realty