Active
ROSSCARROCK
903 40 Street Sw, Calgary, AB
$949,900
Residential · MLS® A23062415Bedrooms
2Bathrooms
1,119Sq Ft
2Garage
1958Year Built
02 / Overview
PROPERTY OVERVIEW
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare opportunity to acquire a 60' x 125' R-CG zoned rectangular lot on a quiet street in the heart of Rosscarrock. With back lane access, an oversized development parcel, and flexible zoning, this property offers outstanding potential for rowhouses, townhomes, side-by-side infill, or future redevelopment opportunities (subject to City approval). Property is being sold AS IS / WHERE IS.
Ideally located just minutes from Westbrook LRT Station, Westbrook Mall, schools, parks, and downtown Calgary, this is...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,119 sq ft
Lot Size7,502 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDouble Garage Detached • Driveway
ExteriorOther
BasementFull
Year Built1958
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,033After mortgage & expenses
Cap Rate1.9%Based on market rents
Cash on Cash Return-12.8%With 20% down payment
Est. Monthly Rent$2,208Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
ROSSCARROCK
Moderate InvestmentLoading map...
Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jessica Chan · Jessica Chan Real Estate & Management Inc.