Active

TUXEDO PARK

232 21 Avenue Ne, Calgary, AB

$827,500

Residential · MLS® A2294487
4Bedrooms
2Bathrooms
858Sq Ft
2Garage
1945Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Tuxedo Park—where charm, flexibility, and opportunity come together. This character bungalow sits on a 40 x 120 ft R-CG lot and offers incredible potential for homeowners and investors alike. With two legal suites, you can enjoy strong rental income, live in one unit while renting the other, or explore future redevelopment options in this sought after inner city location.

Step inside the main floor and you’re immediately greeted by the warmth of original hardwood floors dating back to 1945,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area858 sq ft
Lot Size5,056 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached
ExteriorFire Pit • Other • Private Yard
BasementFull
Year Built1945
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$558After mortgage & expenses
Cap Rate3.7%Based on market rents
Cash on Cash Return-4.0%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

TUXEDO PARK

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by TJ Ruohio · KIC Realty