$325,000

Residential · MLS® A2287020
3Bedrooms
2Bathrooms
602Sq Ft
1Garage
1947Year Built
02 / Overview

PROPERTY OVERVIEW

Are you looking for that property with upside potential? Here is the lowest-priced single-detached property in Calgary.Handyman special for investors, flippers, and tradesmen who know, comes with huge sweat equity. Located in the sought-after community of Crescent Heights. Inner-city location, walkable to downtown, steps from public transit, and access to Deerfoot Trail. You can renovate the existing house. The 2045 square foot corner lot with alley access offers a unique site in the long term.. You could apply for...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area602 sq ft
Lot Size2,045 sq ft
ZoningM-CG d72
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Detached
ExteriorNone
BasementFull
Year Built1947
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$236After mortgage & expenses
Cap Rate3.6%Based on market rents
Cash on Cash Return-4.4%With 20% down payment
Est. Monthly Rent$1,204Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CRESCENT HEIGHTS

Moderate Investment
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Investment Score69/100
Avg Home Price$538K
Active Listings35
Listed by Anthony Luong · First Place Realty