Active

VARSITY

4008 36 Street Nw, Calgary, AB

$928,000

Residential · MLS® A2301943
7Bedrooms
4Bathrooms
1,904.94Sq Ft
1Garage
1963Year Built
02 / Overview

PROPERTY OVERVIEW

OPEN HOUSE: April 19, Sunday Afternoon 1:00pm-4:00pm. Location! Location! Location! This exceptionally raised bungalow in Varsity is a premier income-generator, featuring a legal basement suite and a main-level mother-in-law living space that only these two together produce $3,400 in monthly rental income. More significantly, the home includes a spacious primary residence and a private, south-facing master bedroom with its own separate entrance. Total living space is over 3,000 sqft. This property is located on a quiet cul-de-sac large lot with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,904.94 sq ft
Lot Size8,342 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Attached
ExteriorNone
BasementFull
Year Built1963
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$995After mortgage & expenses
Cap Rate3.2%Based on market rents
Cash on Cash Return-6.4%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VARSITY

Moderate Investment
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Investment Score70/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jing Wen NI · Homecare Realty Ltd.