01 / Property Detail

THORNCLIFFE

5415 Centre A Street Ne, Calgary, AB

$665,000

Residential · MLS® A2287415
4Bedrooms
2Bathrooms
1,039.47Sq Ft
2Garage
1956Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this exceptional bungalow with over 2000sf. in developed space, in the established community of Thorncliffe, offering incredible versatility, income potential, and an unbeatable inner-city location just minutes from downtown Calgary. Situated on a massive treed lot, this property blends comfortable family living with outstanding redevelopment potential, making it an ideal opportunity for homeowners, investors, and builders alike. With new siding and a new roof (a 33k added bonus), this home offers peace of mind and enhanced curb appeal,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,039.47 sq ft
Lot Size6,868 sq ft
ZoningR-CG
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Detached • Driveway • Insulated • On Street • Oversized
ExteriorBBQ gas line • Fire Pit • Garden • Private Entrance • Private Yard • Storage
BasementFull
Year Built1956
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$928After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.4%With 20% down payment
Est. Monthly Rent$2,019Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

THORNCLIFFE

Moderate Investment
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Investment Score63/100
Avg Home Price$572K
Active Listings14
Listed by Apryl Berranger · RE/MAX Landan Real Estate