Active

MONTGOMERY

5212 22 Avenue Nw, Calgary, AB

$800,000

Residential · MLS® A2291205
1Bedrooms
1Bathrooms
600.82Sq Ft
1Garage
1952Year Built
02 / Overview

PROPERTY OVERVIEW

RARE OPPORTUNITY IN SOUGHT-AFTER MONTGOMERY. Prime lot for builders and investors in the desirable community of Montgomery, offering unbelievable views of the river valley, downtown, the Bow River, and the mountains. Zoned R-CG and surrounded by new builds, this property presents an exceptional redevelopment opportunity in one of Calgary’s most sought-after inner-city neighbourhoods. Ideally located with close proximity to downtown, Foothills Hospital, Alberta Children’s Hospital, and the University of Calgary, while also being minutes from river pathways and a wide...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area600.82 sq ft
Lot Size5,554 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorNone
BasementPartial
Year Built1952
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,433After mortgage & expenses
Cap Rate0.8%Based on market rents
Cash on Cash Return-18.2%With 20% down payment
Est. Monthly Rent$1,101Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MONTGOMERY

Moderate Investment
Loading map...
Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Michele Gole · LPT Realty