Active

RENFREW

1019 8 Avenue Ne, Calgary, AB

$685,000

Residential · MLS® A2292539
3Bedrooms
2Bathrooms
976.61Sq Ft
1Garage
1950Year Built
02 / Overview

PROPERTY OVERVIEW

A 40-foot lot in Renfrew plus an illegal suite equals a strategic inner-city move. This classic 1950s bungalow features a functional main floor with gleaming hardwood floors, cornice-molded ceilings, and oversized picture windows that flood the living area and kitchen with natural light. The layout includes two generously sized bedrooms on the main level. The fully developed basement contains a spacious one-bedroom illegal suite with a massive living room, a full second kitchen with abundant cabinetry, and large windows for...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area976.61 sq ft
Lot Size4,391 sq ft
ZoningH-GO
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Detached
ExteriorGarden
BasementFull
Year Built1950
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$62After mortgage & expenses
Cap Rate4.6%Based on market rents
Cash on Cash Return0.5%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RENFREW

Moderate Investment
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Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Dan Stante · Real Broker