Active

BELTLINE

1227 13 Avenue Sw, Calgary, AB

$819,900

Residential ยท MLSยฎ A2308726
10Bedrooms
3Bathrooms
1,620Sq Ft
6Garage
1912Year Built
02 / Overview

PROPERTY OVERVIEW

INVESTORS! This is a rare opportunity to acquire a centrally located property in Calgary's desirable Beltline with exceptional future redevelopment potential. Zoned CC-MH (Centre City Multi-Residential High-Rise District), the property is designated for high-density multi-residential development, making it a strategic long-term investment in one of Calgary's fastest-growing urban neighbourhoods.

Currently operating as a rental property, its prime location offers excellent access to downtown, public transit, employment centres, shopping, restaurants, and everyday amenities, helping support strong tenant demand and consistent rental income....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,620 sq ft
Lot Size3,261 sq ft
ZoningCC-MH
HeatingCentral
CoolingNone
ParkingParking Pad
ExteriorBalcony
BasementFull
Year Built1912
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$525After mortgage & expenses
Cap Rate3.7%Based on market rents
Cash on Cash Return-3.8%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

BELTLINE

Strong Investment
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Investment Score80/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Candace Wu ยท 2% Realty