Active
GLAMORGAN
4511 Richmond Road Sw, Calgary, AB
$699,900
Residential · MLS® A22893713Bedrooms
2Bathrooms
1,082.04Sq Ft
2Garage
1960Year Built
02 / Overview
PROPERTY OVERVIEW
ATTENTION SAVVY BUYERS, DEVELOPERS and INVESTORS | R-CG zoning 68' Frontage on 7,000 SqFt Reverse Pie lot. R-CG zoning allows for a variety of housing forms from single-detached, semi-detached and rowhouses and may include secondary legal suites. This is a great property to buy and hold or turn into a profitable multifamily venture (subject to approval and permitting by the city/municipality).
LIVE IN OR RENT OUT, AND DEVELOP LATER: The...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,082.04 sq ft
Lot Size7,018 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
Parking220 Volt Wiring • Alley Access • Double Garage Detached • Garage Door Opener • Heated Garage • Oversized • Parking Pad
ExteriorPrivate Yard
BasementFull
Year Built1960
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,101After mortgage & expenses
Cap Rate2.6%Based on market rents
Cash on Cash Return-9.4%With 20% down payment
Est. Monthly Rent$2,044Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GLAMORGAN
Moderate InvestmentLoading map...
Investment Score60/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Christopher Audette · RE/MAX First