$475,000

Residential · MLS® A2290264
2Bedrooms
1Bathrooms
695Sq Ft
1Garage
1950Year Built
02 / Overview

PROPERTY OVERVIEW

Prime R-CG zoned redevelopment opportunity on a quiet street directly across from Sherwood School in the established community of Lynnwood. This flat 50’ x 120’ lot offers excellent building efficiency and is ideally suited for a duplex infill with secondary suites (subject to City approvals), making it a standout opportunity for both builders and investors looking to capitalize on Calgary’s growing demand for multi-unit housing.

Lynnwood is one of Calgary’s hidden gems — a mature, tree-lined neighbourhood quietly gaining momentum as...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area695 sq ft
Lot Size5,995 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorOther • Private Yard
BasementFull
Year Built1950
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$789After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-10.0%With 20% down payment
Est. Monthly Rent$1,316Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

OGDEN

Moderate Investment
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Investment Score67/100
Avg Home Price$644K
Active Listings18
Listed by Shane Ball · Real Estate Professionals Inc.