Active

BOWNESS

4327 70 Street Nw, Calgary, AB

$650,000

Residential · MLS® A2318134
1Bedrooms
1Bathrooms
800Sq Ft
1Garage
1951Year Built
02 / Overview

PROPERTY OVERVIEW

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional redevelopment opportunity in the heart of Bowness on this massive 72' x 120' lot (8,640 sq. ft. +/-). Presenting a rare chance to secure an oversized parcel in one of Calgary's most active and evolving redevelopment communities.

The generous frontage and depth provide outstanding flexibility for future development opportunities, subject to municipal approvals and zoning requirements. Surrounded by ongoing infill and multi-family projects, this site is ideally positioned for builders looking to capitalize on...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area800 sq ft
Lot Size8,697 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingSingle Garage Detached
ExteriorNone
BasementPartial
Year Built1951
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,449After mortgage & expenses
Cap Rate1.8%Based on market rents
Cash on Cash Return-13.4%With 20% down payment
Est. Monthly Rent$1,450Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BOWNESS

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