Active
MONTGOMERY
5212 22 Avenue Nw, Calgary, AB
$800,000
Residential · MLS® A22912051Bedrooms
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 InvestmentLoading map...
Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Michele Gole · LPT Realty