01 / Property Detail

SPRUCE CLIFF

633 37 Street Sw, Calgary, AB

$929,900

Residential · MLS® A2291409
9Bedrooms
4Bathrooms
1,983.26Sq Ft
2Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

Huge potential to redevelop this full side x side duplex on a huge 50’ x 160’ lot on the quiet end of 37th street in the desirable community of Spruce Cliff. Over 3000 sqft of developed living space, including a total of 9 bedrooms, 4 bathrooms, side entrances for easy development, extra long backyards with double car garage plus two parking pads. Oversized sunny windows, hardwood flooring throughout, big family rooms with vaulted ceilings that wrap around to the large...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,983.26 sq ft
Lot Size7,997 sq ft
ZoningH-GO
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached • Parking Pad
ExteriorPrivate Yard
BasementFull
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$200After mortgage & expenses
Cap Rate4.2%Based on market rents
Cash on Cash Return-1.3%With 20% down payment
Est. Monthly Rent$3,921Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SPRUCE CLIFF

Moderate Investment
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Investment Score74/100
Avg Home Price$501K
Active Listings13
Listed by Dianne Brown · RE/MAX Landan Real Estate