Active

MIDNAPORE

55 Midlake Place Se, Calgary, AB

$699,000

Residential · MLS® A2292136
3Bedrooms
2Bathrooms
1,461Sq Ft
2Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this well maintained bungalow offering JUST UNDER 1,500 SQFT ABOVE GRADE, located on a QUIET CUL-DE-SAC in the highly desirable LAKE COMMUNITY OF MIDNAPORE. With a PARK DIRECTLY ACROSS THE STREET and the lake just a short walk away, the location alone makes this home truly special. The main floor welcomes you with a TILED ENTRY leading into a bright living room filled with natural light from LARGE WINDOWS. The layout flows nicely into the dining area and...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,461 sq ft
Lot Size6,070 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingCentral Air
Parking220 Volt Wiring • Additional Parking • Double Garage Detached • Driveway • Heated Garage • Parking Pad • RV Access/Parking
ExteriorFire Pit • Lighting • Private Entrance • Private Yard • Rain Gutters • Storage
BasementFull
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$788After mortgage & expenses
Cap Rate3.1%Based on market rents
Cash on Cash Return-6.8%With 20% down payment
Est. Monthly Rent$2,707Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MIDNAPORE

Moderate Investment
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Investment Score65/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Roman Latypov · Town Residential