Active

GLAMORGAN

173 Gordon Drive Sw, Calgary, AB

$647,000

Residential · MLS® A2303127
5Bedrooms
2Bathrooms
1,008.22Sq Ft
0Garage
1959Year Built
02 / Overview

PROPERTY OVERVIEW

Turn-key 5 bed,2 bath bungalow on a 52 × 100 ft lot just minutes to Mount Royal University. This property features major updates including kitchen & full electrical w/ new panel (2010), shingles (2014), plus luxury vinyl plank flooring, full interior paint, 2 windows (2024), brand new furnace (2026) and brand new hot water tank (2026). The separate rear entrance makes adding a legal basement suite straightforward, enhancing rental potential. Walk to campus, transit, grocery, cafés and major routes. Book...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,008.22 sq ft
Lot Size5,232 sq ft
ZoningR-CG
HeatingCeiling • Natural Gas
CoolingNone
ParkingOff Street • On Street
ExteriorPrivate Yard
BasementFull
Year Built1959
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$900After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.3%With 20% down payment
Est. Monthly Rent$2,014Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

GLAMORGAN

Moderate Investment
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Investment Score63/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Anthony Therrien-Bernard · eXp Realty