01 / Property Detail
PINERIDGE
1903 62 Street Ne, Calgary, AB
$460,000
Residential · MLS® A22858013Bedrooms
1Bathrooms
1,035Sq Ft
5Garage
1974Year Built
02 / Overview
PROPERTY OVERVIEW
JUDICIAL SALE – COURT OF KING’S BENCH. Opportunity knocks at 1903 62 Street NE. This 1,035 sq. ft. bungalow is situated on an oversized lot with a large west-facing backyard, offering exceptional potential for redevelopment, renovation, or investment.
The property is being sold as-is, where-is, with no representations or warranties. The home has been previously occupied and will require significant cleaning, repairs, and updating. This is an ideal project for experienced renovators, investors, or builders looking to capitalize on lot size...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,035 sq ft
Lot Size5,941 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingOff Street • RV Access/Parking
ExteriorOther • Private Yard
BasementFull
Year Built1974
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$77After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-1.0%With 20% down payment
Est. Monthly Rent$1,961Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
PINERIDGE
Moderate InvestmentLoading map...
Investment Score66/100
Avg Home Price$447K
Active Listings24
Listed by Gary Heald · RE/MAX First