Active
WESTGATE
81 Westminster Drive Sw, Calgary, AB
$799,000
Residential · MLS® A22864454Bedrooms
2Bathrooms
1,106.98Sq Ft
1Garage
1960Year Built
02 / Overview
PROPERTY OVERVIEW
An exceptional opportunity in the heart of Westgate featuring a legalized basement suite, an ideal property for investors or homeowners looking to offset their mortgage with strong income potential. Opportunities like this on a large corner lot in an established SW community are rare.
Situated on a spacious 6,985 sq ft lot that was recently rezoned to RC-2, this well maintained corner lot bungalow offers over 1,100 sq ft above grade with 3 bedrooms on the main floor, including the primary...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,106.98 sq ft
Lot Size6,985 sq ft
ZoningRC-2
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1960
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$434After mortgage & expenses
Cap Rate3.8%Based on market rents
Cash on Cash Return-3.3%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
WESTGATE
Strong InvestmentLoading map...
Investment Score82/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Robert Vanovermeire · Coldwell Banker Mountain Central