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MEADOWLARK PARK

19 Mackay Drive Sw, Calgary, AB

$1,699,000

Residential · MLS® A2312303
6Bedrooms
6Bathrooms
1,713.5Sq Ft
3Garage
1955Year Built
02 / Overview

PROPERTY OVERVIEW

Beautifully renovated bungalow on a large corner lot with a fully self-contained carriage suite over the triple garage.  Perfect for generating rental income, supporting multi-generational living, or creating a private home-based business space. 100% Turn-key, the 2-bedroom suite has generated $32,792 in a single year on Airbnb. Located in the quiet, low-density community of Meadowlark Park. Situated directly across from a peaceful island green space, this rare property perfectly combines luxury living with incredible versatility. The main floor...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,713.5 sq ft
Lot Size7,125 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingCentral Air
ParkingDriveway • Heated Garage • In Garage Electric Vehicle Charging Station(s) • Insulated • Triple Garage Detached
ExteriorBalcony • Playground • Private Entrance
BasementFull
Year Built1955
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$4,347After mortgage & expenses
Cap Rate1.4%Based on market rents
Cash on Cash Return-15.3%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

MEADOWLARK PARK

Moderate Investment
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Investment Score73/100
Avg Home PriceN/A
Active ListingsN/A
Listed by David Setter · CIR Realty