Active

WINSTON HEIGHTS/MOUNTVIEW

47 Montrose Crescent Ne, Calgary, AB

$815,000

Residential · MLS® A2292382
4Bedrooms
2Bathrooms
1,292.75Sq Ft
2Garage
1955Year Built
02 / Overview

PROPERTY OVERVIEW

ATTENTION BUILDERS, INVESTORS, AND INNER-CITY BUYERS! This is where CHARACTER meets FUTURE DEVELOPMENT POTENTIAL in the highly sought-after community of WINSTON HEIGHTS/MOUNTVIEW! Situated on a LARGE 5,997 sq ft R-CG ZONED LOT, this property offers EXCEPTIONAL REDEVELOPMENT POTENTIAL while also featuring a charming 1,300+ SQ ft bungalow! The home itself offers 4 BEDROOMS and 2 BATHROOMS, making it a great option for FAMILIES, RENTAL INCOME, or HOLDING PROPERTY while you plan future development. Inside you'll find ORIGINAL HARDWOOD FLOORING,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,292.75 sq ft
Lot Size5,995 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1955
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,205After mortgage & expenses
Cap Rate2.7%Based on market rents
Cash on Cash Return-8.9%With 20% down payment
Est. Monthly Rent$2,462Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

WINSTON HEIGHTS/MOUNTVIEW

Moderate Investment
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Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Blake Ball · Real Estate Professionals Inc.