Active

MARTINDALE

398 Martindale Drive Ne, Calgary, AB

$649,900

Residential · MLS® A2320516
5Bedrooms
4Bathrooms
1,113.3Sq Ft
2Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

PRIME MARTINDALE OPPORTUNITY WITH A LEGAL BASEMENT SUITE! Welcome to 398 Martindale Dr NE, a fantastic property perfectly suited for families seeking a mortgage helper, or savvy investors looking for dual-income potential. The bright and spacious main floor features a welcoming living area, a functional kitchen, and comfortable upper-level bedrooms. Downstairs, the fully finished legal basement suite offers the perfect independent living space to generate immediate rental income and significantly offset your monthly payments. Enjoy a private fenced yard space...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,113.3 sq ft
Lot Size3,143 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$214After mortgage & expenses
Cap Rate4.9%Based on market rents
Cash on Cash Return2.0%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

MARTINDALE

Moderate Investment
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Investment Score61/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Hasib Ullah · URBAN-REALTY.ca