01 / Property Detail

GLENBROOK

3027 37 Street Sw, Calgary, AB

$700,000

Residential · MLS® A2290169
5Bedrooms
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 Investment
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Investment Score68/100
Avg Home Price$769K
Active Listings19
Listed by Eric Dennis · CIR Realty