01 / Property Detail

MCKENZIE TOWNE

189 Elgin Meadows Park Se, Calgary, AB

$559,000

Residential · MLS® A2291568
3Bedrooms
4Bathrooms
1,406.42Sq Ft
2Garage
2012Year Built
02 / Overview

PROPERTY OVERVIEW

Great Short-Term Rental Income Opportunity! Airbnb-ready with city approvals and permits already in place. The main floor welcomes you with a bright open-concept layout, featuring beautiful hardwood floors, granite countertops, stainless steel appliances, and a brand-new dishwasher. Large windows fill the space with natural light, while sliding patio doors lead directly to the backyard—perfect for entertaining family and friends. Upstairs, you’ll find a spacious primary bedroom with a private ensuite and large walk-in closet. A comfortable bonus room provides the...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,406.42 sq ft
Lot Size2,572 sq ft
ZoningR-G
HeatingElectric • Forced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built2012
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$96After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-1.0%With 20% down payment
Est. Monthly Rent$2,611Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MCKENZIE TOWNE

Strong Investment
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Investment Score76/100
Avg Home Price$457K
Active Listings45
Listed by Sid Merhi · LPT Realty