Active
CRESCENT HEIGHTS
202 15 Avenue Ne, Calgary, AB
$1,100,000
Residential · MLS® A23008023Bedrooms
2Bathrooms
1,011.81Sq Ft
2Garage
1945Year Built
02 / Overview
PROPERTY OVERVIEW
Corner Land Assembly Opportunity - Zoning MH1-h22 F4. To be sold with adjacent property 206 15 Ave NE.
Total size of land assembly 9000 sf. See land DP Survey in supplements. Ideal for 6 storey apartment project with upto 36000 sf of Buildable Floor Area. House is rented out with 3 bed 2 bath and seperate entrance to the basement. Feasibility study completed, contact agent for more information.
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,011.81 sq ft
Lot Size4,499 sq ft
ZoningM-H1 h22
HeatingCentral
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard • Storage
BasementFull
Year Built1945
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,958After mortgage & expenses
Cap Rate1.2%Based on market rents
Cash on Cash Return-16.1%With 20% down payment
Est. Monthly Rent$1,921Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
CRESCENT HEIGHTS
Moderate InvestmentLoading map...
Investment Score71/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jay Hans · eXp Realty