$649,900

Residential · MLS® A2290536
4Bedrooms
2Bathrooms
1,077Sq Ft
2Garage
1956Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 1 Thorncliffe Crescent NW, MASSIVE CORNER LOT! a fantastic opportunity in the well-established community of Thorncliffe. This charming bungalow has seen numerous upgrades over the years, offering both comfort today and potential for the future. Improvements include newer siding, roof, furnace, air conditioning, and an updated electrical panel, giving buyers peace of mind on many of the home’s major components. The property also features a heated, insulated oversized double garage with 220 wiring, ideal for Calgary winters, hobbyists,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,077 sq ft
Lot Size6,253 sq ft
ZoningR-CG
HeatingCentral • Natural Gas
CoolingCentral Air
Parking220 Volt Wiring • Double Garage Detached • Heated Garage • Oversized
ExteriorPrivate Yard
BasementFull
Year Built1956
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$795After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.3%With 20% down payment
Est. Monthly Rent$2,085Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

THORNCLIFFE

Moderate Investment
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Investment Score63/100
Avg Home Price$572K
Active Listings14
Listed by Jordan Huntrods · Paramount Real Estate Corporation