01 / Property Detail
GLENBROOK
3027 37 Street Sw, Calgary, AB
$700,000
Residential · MLS® A22901695Bedrooms
2Bathrooms
961.54Sq Ft
1Garage
1958Year Built
02 / Overview
PROPERTY OVERVIEW
Exceptional investment opportunity! This legally suited bungalow sits on a prime 50-ft lot with MC1 zoning, offering outstanding flexibility for redevelopment or long-term holding. Featuring separate entrances and generating over $3,000 per month in rental income, this property delivers immediate cash flow with strong upside potential.
Surrounded by infill developments selling for $512.43 per square foot, the area demonstrates proven value and continued growth. Whether you’re looking for a fabulous holding property with stable income or planning your next infill project,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area961.54 sq ft
Lot Size5,995 sq ft
ZoningM-C1
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1958
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,169After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-10.0%With 20% down payment
Est. Monthly Rent$1,933Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GLENBROOK
Moderate InvestmentLoading map...
Investment Score68/100
Avg Home Price$769K
Active Listings19
Listed by Eric Dennis · CIR Realty