01 / Property Detail

RUTLAND PARK

3111 Richmond Road Sw, Calgary, AB

$590,000

Residential · MLS® A2291329
3Bedrooms
1Bathrooms
963.3Sq Ft
1Garage
1955Year Built
02 / Overview

PROPERTY OVERVIEW

Nearly original 1955 mid-century bungalow on a 50x110 ft R-CG lot with restrictive covenant on title (see supplements). Hardwood floors throughout main level except kitchen and bathroom. Vintage mid-century metal cabinets are still in the kitchen! Spacious living room and dining room, a sunny kitchen overlooking the SE backyard, and two bedrooms and a 3 piece bath on the main floor. Basement is developed with a large recreation room and a bedroom (window is less than...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area963.3 sq ft
Lot Size5,489 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street • RV Access/Parking • Single Garage Detached
ExteriorOther
BasementFull
Year Built1955
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$779After mortgage & expenses
Cap Rate2.9%Based on market rents
Cash on Cash Return-7.9%With 20% down payment
Est. Monthly Rent$1,836Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RUTLAND PARK

Moderate Investment
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Investment Score67/100
Avg Home Price$899K
Active Listings4
Listed by Colleen Whelan · MaxWell Capital Realty