Active
INGLEWOOD
2740 16a Street Se, Calgary, AB
$593,000
Residential · MLS® A22956592Bedrooms
2Bathrooms
645Sq Ft
0Garage
1914Year Built
02 / Overview
PROPERTY OVERVIEW
ATTENTION BUILDERS & INVESTORS! Prime R-CG CORNER LOT in the highly sought-after community of Inglewood, an exceptional redevelopment opportunity in one of Calgary’s most desirable inner-city locations. Offering approximately 4,850+ SQ FT of land, this property presents strong potential for multi unit development, including a 3-plex style project (subject to City approval). Development drawings for a previous multi-unit project were completed for the property, providing a strong starting point for buyers who may wish to reapply for a new Development...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area645 sq ft
Lot Size4,865 sq ft
ZoningR-CG
HeatingCentral • Natural Gas
CoolingNone
ParkingOff Street
ExteriorNone
BasementFull
Year Built1914
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,411After mortgage & expenses
Cap Rate1.6%Based on market rents
Cash on Cash Return-14.3%With 20% down payment
Est. Monthly Rent$1,229Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
INGLEWOOD
Moderate InvestmentLoading map...
Investment Score72/100
Avg Home PriceN/A
Active ListingsN/A
Listed by PJ Saini · CalEstate Realty