Active

SPRINGBANK HILL

40 Timberline Way Sw, Calgary, AB

$1,275,000

Residential · MLS® A2294871
4Bedrooms
3Bathrooms
2,602Sq Ft
3Garage
2020Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this exceptional former Cash & Cars Alberta Cancer Foundation Lottery Home nestled in the prestigious community of Springbank Hill. This remarkable property offers a rare combination of luxury, functionality, and thoughtful design, complete with a triple tandem garage and the convenience of a private elevator servicing all three levels. The main floor is designed for both everyday living and upscale entertaining, featuring an open-concept family room with a striking gas fireplace framed by floor-to-ceiling tile and a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,602 sq ft
Lot Size3,605 sq ft
ZoningR-G
HeatingHigh Efficiency • Forced Air • Natural Gas • See Remarks • Zoned
CoolingCentral Air
ParkingAggregate • Garage Door Opener • Heated Garage • Insulated • Triple Garage Attached
ExteriorBalcony • BBQ gas line • Private Entrance • Private Yard
BasementFull
Year Built2020
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,028After mortgage & expenses
Cap Rate3.5%Based on market rents
Cash on Cash Return-4.8%With 20% down payment
Est. Monthly Rent$4,754Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SPRINGBANK HILL

Strong Investment
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Investment Score79/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Christopher Lofgren · RE/MAX First