Active
RICHMOND
2828 25a Street Sw, Calgary, AB
$989,000
Residential · MLS® A22968292Bedrooms
2Bathrooms
884Sq Ft
1Garage
1950Year Built
02 / Overview
PROPERTY OVERVIEW
PRIME RICHMOND REDEVELOPMENT OPPORTUNITY on a 50’ x 125’ Lot.
Exceptional opportunity for builders, investors, or those looking to create a dream home. This large 50’ x 125’ lot offers outstanding redevelopment potential, suitable for one or two large single-family homes, in an area already SURROUNDED BY HIGH-END, MILLION-DOLLAR PROPERTIES.
Ideally located close to shopping, amenities, and schools, this property combines convenience with strong future upside. The rear alley access and no homes directly behind provide added flexibility for design, garages, and...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area884 sq ft
Lot Size6,253 sq ft
ZoningDC (pre 1P2007)
HeatingForced Air • Natural Gas
CoolingNone
ParkingAdditional Parking • Alley Access • Garage Faces Rear • Gated • Off Street • RV Access/Parking • RV Gated • Single Garage Detached
ExteriorBalcony • Private Yard • Rain Gutters
BasementFull
Year Built1950
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,736After mortgage & expenses
Cap Rate1.1%Based on market rents
Cash on Cash Return-16.6%With 20% down payment
Est. Monthly Rent$1,647Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
RICHMOND
Moderate InvestmentLoading map...
Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Glen Godlonton · CIR Realty