Active

PARKHILL

202, 3650 2 Street Sw, Calgary, AB

$1,345,000

Residential · MLS® A2303414
2Bedrooms
3Bathrooms
2,234.57Sq Ft
2Garage
1912Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to the prestigious Parkhill School. Constructed with a distinctive blend of brick and sandstone, this cherished historic landmark was thoughtfully converted in 1993 into four exclusive residences. This top floor suite occupies the premier position in the building, offering three exposures (south, east, and west) and breathtaking panoramic views of the Elbow River valley and the Rocky Mountains.

Designed over two expansive levels, this unique home features soaring 12 foot ceilings on the main floor, beautiful hardwood flooring,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area2,234.57 sq ft
ZoningDC (pre 1P2007)
HeatingForced Air
CoolingCentral Air
ParkingDouble Garage Detached
ExteriorBalcony • Private Entrance • Storage
BasementNone
Year Built1912
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,839After mortgage & expenses
Cap Rate1.9%Based on market rents
Cash on Cash Return-12.7%With 20% down payment
Est. Monthly Rent$4,010Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PARKHILL

Moderate Investment
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Investment Score69/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Karlee Mushie · REMAX Innovations