Active

CAMBRIAN HEIGHTS

1207 40 Avenue Nw, Calgary, AB

$729,900

Residential · MLS® A2317359
5Bedrooms
2Bathrooms
1,229Sq Ft
1Garage
1957Year Built
02 / Overview

PROPERTY OVERVIEW

A smart home purchase is one thing. But a home that pays you back every single month? That changes the conversation. Sitting on a massive 62 foot wide lot with a sun-soaked south backyard, this upgraded and fully suited 5 bedroom bungalow blends lifestyle, flexibility and income potential into one compelling opportunity. Whether you’re a growing family, investor or young buyer looking to offset your mortgage, this is the kind of property that makes financial sense without sacrificing comfort. Inside,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,229 sq ft
Lot Size6,210 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached • Stall
ExteriorPrivate Yard
BasementFull
Year Built1957
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$134After mortgage & expenses
Cap Rate4.3%Based on market rents
Cash on Cash Return-1.1%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

CAMBRIAN HEIGHTS

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Joel Gwillim · CIR Realty