$569,000

Residential · MLS® A2288263
3Bedrooms
2Bathrooms
1,250.83Sq Ft
2Garage
1975Year Built
02 / Overview

PROPERTY OVERVIEW

Great opportunity for those interested in a renovation, redevelopment or investment project, located on large 65x120 Ft. lot in the very desirable community of Silver Springs, close to Crowfoot Shopping Center, LRT, schools, Bowness Park & Bow River recreation areas. Quick access to major thoroughfares & short drive to the mountains. This property has original owners & is long time tenant occupied. This home is a 3 bedroom bungalow with a 2 piece ensuite off the primary bedroom and 4...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,250.83 sq ft
Lot Size7,039 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorPrivate Yard
BasementFull
Year Built1975
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$182After mortgage & expenses
Cap Rate4.1%Based on market rents
Cash on Cash Return-1.9%With 20% down payment
Est. Monthly Rent$2,339Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SILVER SPRINGS

Moderate Investment
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Investment Score71/100
Avg Home Price$723K
Active Listings6
Listed by Twila Wilson · Royal LePage Benchmark