Active

INGLEWOOD

1609 17a Street Se, Calgary, AB

$915,000

Residential · MLS® A2317174
1Bedrooms
1Bathrooms
1,428.87Sq Ft
2Garage
1913Year Built
02 / Overview

PROPERTY OVERVIEW

An exceptional opportunity to acquire a rare land assembly in the heart of Inglewood and NOT in the Flood Zone! One of Calgary’s most vibrant and historic inner-city communities. This property is for sale in a land assembly opportunity. (1609 & 1613 17A Street SE; combined 11,377 SQ.FT. site offers outstanding development potential with existing R-CG zoning, ideal for townhomes, row housing, or a future higher-density redevelopment opportunity).

Positioned just steps from the Bow River, Pearce Estate Park, and Harvie Passage,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,428.87 sq ft
Lot Size6,103 sq ft
ZoningRCG
HeatingCentral
CoolingNone
ParkingOff Street
ExteriorGarden • Other
BasementFull
Year Built1913
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,555After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.2%With 20% down payment
Est. Monthly Rent$2,551Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

INGLEWOOD

Moderate Investment
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Investment Score74/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Kirollos Kirollos · The Real Estate District