Active

SPRUCE CLIFF

3531 Spruce Drive Sw, Calgary, AB

$1,649,000

Residential · MLS® A2284493
4Bedrooms
5Bathrooms
2,200.74Sq Ft
2Garage
1954Year Built
02 / Overview

PROPERTY OVERVIEW

**Price Improvement**Located in Spruce Cliff directly across from Spruce Cliff Ridge, this custom-built Scandinavian-inspired luxury home captures sweeping views of the Bow River and downtown Calgary. Thoughtfully designed to balance simplicity and sophistication, the home is defined by clean architectural lines, natural textures, and exceptional craftsmanship throughout. This turnkey two-storey offers 2,200 sq ft of refined living space above grade, plus a 998 sq ft legal basement suite. Scandinavian design principles are reflected in the cohesive modern aesthetic and high...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,200.74 sq ft
Lot Size6,135 sq ft
ZoningH-GO
HeatingCentral • Natural Gas
CoolingCentral Air
ParkingDouble Garage Detached
ExteriorLighting • Private Entrance • Private Yard
BasementFull
Year Built1954
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$4,130After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-15.0%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SPRUCE CLIFF

Strong Investment
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Investment Score77/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Pamela Balkwill · Real Estate Professionals Inc.