Active

RAMSAY

1808 Salisbury Street Se, Calgary, AB

$1,450,000

Residential · MLS® A2285813
3Bedrooms
2Bathrooms
1,888Sq Ft
2Garage
1930Year Built
02 / Overview

PROPERTY OVERVIEW

Unparalleled views of Downtown, Elbow River, Saddledome and the Mountains perched upon a 45 x 120 foot lot facing ridge on Scotsman's Hill. Fantastic ridge lot for re-development in the rising community of Ramsay. Walkable location to the shops, restaurants and cafes within the community, in Inglewood, East Village and long Elbow River path system and enjoy all the historical character that Ramsay has to offer. Much Redevelopment has already taken place within the community &...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,888 sq ft
Lot Size5,252 sq ft
ZoningR-C2
HeatingForced Air • Hot Water • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorGarden
BasementFull
Year Built1930
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,023After mortgage & expenses
Cap Rate2.0%Based on market rents
Cash on Cash Return-12.5%With 20% down payment
Est. Monthly Rent$3,454Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RAMSAY

Moderate Investment
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Investment Score72/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Yoki Nichol · Royal LePage Solutions