Active

FOREST HEIGHTS

827 Forlee Drive Se, Calgary, AB

$569,000

Residential · MLS® A2301126
3Bedrooms
2Bathrooms
931.21Sq Ft
4Garage
1964Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 827 Forlee Drive SE, a 3-bedroom, 2-bathroom bungalow offering 1,790 sq ft of total living space, including a fully finished basement.

Set on a large 65 x 110 corner lot, this property is all about the lot, layout, and long-term potential. With RC-G zoning and a corner position, it presents strong opportunities for redevelopment, investment, or a great renovation project (pending city approvals).

The home offers a functional layout with newer appliances and a renovated bathroom, while the finished basement...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area931.21 sq ft
Lot Size5,855 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingGarage Door Opener • Garage Faces Side • Heated Garage • Insulated • Oversized • RV Access/Parking • RV Gated • Secured • Triple Garage Detached
ExteriorPrivate Yard • RV Hookup • Storage
BasementFull
Year Built1964
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$783After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.3%With 20% down payment
Est. Monthly Rent$1,780Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FOREST HEIGHTS

Moderate Investment
Loading map...
Investment Score60/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Philip De Fazio · The Real Estate District