Active

CAPITOL HILL

1622 23 Avenue Nw, Calgary, AB

$1,099,900

Residential · MLS® A2293740
4Bedrooms
3Bathrooms
1,545.21Sq Ft
2Garage
2002Year Built
02 / Overview

PROPERTY OVERVIEW

OPEN HOUSE 1-3PM, MARCH 21. Set on a quiet residential street in Capitol Hill, this spacious bungalow offers a rare combination of current livability, flexible space, and future potential in one of northwest Calgary’s established inner-city communities. Sitting on a huge 15.24m x 44.15m lot and zoned R-CG, this property presents an outstanding opportunity for buyers looking to enjoy the home today while also considering redevelopment possibilities down the road. With 1,453 sq. ft. above grade, this 3-bedroom plus office,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,545.21 sq ft
Lot Size7,244 sq ft
ZoningR-CG
HeatingIn Floor • Forced Air • Natural Gas
CoolingCentral Air
ParkingDouble Garage Detached
ExteriorNone
BasementFull
Year Built2002
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,024After mortgage & expenses
Cap Rate2.3%Based on market rents
Cash on Cash Return-11.0%With 20% down payment
Est. Monthly Rent$2,904Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CAPITOL HILL

Moderate Investment
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Investment Score63/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jeff Kushnir · Real Broker