Active

ACADIA

9032 Fairmount Drive Se, Calgary, AB

$599,900

Residential · MLS® A2308293
3Bedrooms
2Bathrooms
943Sq Ft
1Garage
1960Year Built
02 / Overview

PROPERTY OVERVIEW

A rare chance to secure a foothold in one of Calgary's most active infill corridors. This Acadia property sits on a generous 6781sqft lot in a mid-transition neighbourhood, with infill development well underway on surrounding streets including immediately adjacent properties. Located directly across from Lord Beaverbrook High School and minutes from Macleod Trail, Heritage Drive, and the shops and restaurants of Southcentre and Willow Park. The fundamentals here are hard to argue with - strong rental demand, an established community,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area943 sq ft
Lot Size6,781 sq ft
ZoningH-GO
HeatingForced Air
CoolingNone
ParkingAlley Access • Double Garage Detached • Off Street • Parking Pad • RV Access/Parking
ExteriorOther
BasementFull
Year Built1960
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$898After mortgage & expenses
Cap Rate2.7%Based on market rents
Cash on Cash Return-9.0%With 20% down payment
Est. Monthly Rent$1,800Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ACADIA

Moderate Investment
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Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Melissa Juneau · CIR Realty