Active

FOREST HEIGHTS

224 47 Street Se, Calgary, AB

$499,999

Residential · MLS® A2292822
5Bedrooms
2Bathrooms
971.3Sq Ft
2Garage
1960Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this beautifully maintained 3+2 bedroom bungalow nestled in the established community of Forest Heights — an incredible opportunity for homeowners and investors alike.

Step inside to a bright, inviting main floor where a generous living room with a large west-facing picture window floods the space with natural light. The thoughtfully updated kitchen features newer stainless steel appliances, quartz countertops, and an abundance of cabinet and counter space — perfect for the home chef. The spacious primary bedroom offers direct...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area971.3 sq ft
Lot Size6,361 sq ft
ZoningR-CG
HeatingCentral • Forced Air
CoolingNone
ParkingConcrete Driveway • Parking Pad
ExteriorFire Pit • Storage
BasementFull
Year Built1960
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$866After mortgage & expenses
Cap Rate6.5%Based on market rents
Cash on Cash Return10.4%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

FOREST HEIGHTS

Needs Review
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Investment Score55/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Wendy Do · KIC Realty