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NORTH GLENMORE PARK

2139 & 2141 50 Avenue Sw, Calgary, AB

$1,075,000

Residential · MLS® A2291974
2Bedrooms
1Bathrooms
873.46Sq Ft
2Garage
1961Year Built
02 / Overview

PROPERTY OVERVIEW

A rare multi-parcel redevelopment opportunity emerges in the highly desirable community of North Glenmore Park where three adjacent properties create an exceptional land assembly in one of Calgary’s most sought-after inner-city neighbourhoods. Offered together as a combined sale, these properties present a unique opportunity for builders, developers and investors seeking scale and long-term value in a location surrounded by established homes and high-quality infill development. Flat oversized 50’ x 139’ parcels create substantial redevelopment potential while sunny south-facing backyards maximize...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area873.46 sq ft
Lot Size6,921 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorPrivate Yard
BasementFull
Year Built1961
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,127After mortgage & expenses
Cap Rate1.0%Based on market rents
Cash on Cash Return-17.4%With 20% down payment
Est. Monthly Rent$1,629Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

NORTH GLENMORE PARK

Moderate Investment
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Investment Score69/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Justin Warthe · Real Broker