Active

CASTLERIDGE

36 Castleglen Place Ne, Calgary, AB

$618,000

Residential · MLS® A2319942
3Bedrooms
1Bathrooms
904.17Sq Ft
3Garage
1983Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this unique development opportunity in NE community of Castleridge! Complete with a Development Permit for a 3-unit townhouse complex with approved basement units for a total of 6 units. Located in a high-demand rental community with numerous schools, transit – including LRT, shopping and much more. The property currently has a 900 sq. ft., bi-level home on it. Call for more details, and book your showing today!

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area904.17 sq ft
Lot Size7,018 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingParking Pad
ExteriorNone
BasementFull
Year Built1983
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,042After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.1%With 20% down payment
Est. Monthly Rent$1,732Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CASTLERIDGE

Moderate Investment
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Investment Score64/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Brenna Anderson · CIR Realty