Active

HAYSBORO

87 Hillgrove Drive Sw, Calgary, AB

$691,000

Residential · MLS® A2298044
4Bedrooms
3Bathrooms
1,185.2Sq Ft
1Garage
1958Year Built
02 / Overview

PROPERTY OVERVIEW

Prime redevelopment opportunity on a 550 m² (5,930 sq. ft.) R-CG zoned lot in the highly desirable community of Haysboro. Situated on a quiet, tree-lined street, this property features an impressive 55 ft frontage (approx. 16.77 m), offering excellent potential for multi-unit redevelopment or infill (subject to City approval).

The R-CG zoning provides flexibility for a variety of higher-density housing options, making this an ideal acquisition for builders, developers, and investors looking to maximize land value in a mature and evolving...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,185.2 sq ft
Lot Size5,930 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDouble Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built1958
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$844After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.3%With 20% down payment
Est. Monthly Rent$2,274Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

HAYSBORO

Moderate Investment
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Investment Score72/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Simon Choi · RE/MAX Complete Realty