01 / Property Detail

SOUTHVIEW

1986 Cottonwood Crescent Se, Calgary, AB

$619,900

Residential · MLS® A2286435
5Bedrooms
1Bathrooms
939.11Sq Ft
1Garage
1962Year Built
02 / Overview

PROPERTY OVERVIEW

Full-Service Revenue Property: Professionally Renovated Raised Bungalow. This outstanding raised bungalow is a rare find, combining extensive mechanical upgrades with professional renovation (2022). With 2 separate units and dedicated parking, oversized detached single garage and a large car port, this home is perfectly configured as a dual-suite income generator located in the quiet community of Southview SE. Many amenities are within walking distance of this home, including the Southview community center, 17th Ave (shopping, restaurants, pharmacy, grocery, and much more),...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area939.11 sq ft
Lot Size4,994 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingOff Street • Single Garage Detached
ExteriorPrivate Entrance • Private Yard • Storage
BasementFull
Year Built1962
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$854After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.3%With 20% down payment
Est. Monthly Rent$1,893Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOUTHVIEW

Moderate Investment
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Investment Score73/100
Avg Home Price$515K
Active Listings5
Listed by Jason Palmer · RE/MAX Landan Real Estate