Active

BANFF TRAIL

2440 22 Street Nw, Calgary, AB

$919,000

Residential · MLS® A2321085
3Bedrooms
2Bathrooms
1,206Sq Ft
1Garage
1952Year Built
02 / Overview

PROPERTY OVERVIEW

Investor Alert! Large 9,800+ sq. ft. corner lot with back lane access in a prime NW Calgary location with significant Redevelopment activity throughout the surrounding area. Conveniently located near to the University of Calgary, SAIT, , playgrounds, schools, shopping, transit, and major transportation routes including Crowchild Trail and Highway 1. Property features an illegal basement suite as well. A rare opportunity to own an oversized corner lot in a well-connected area.

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,206 sq ft
Lot Size9,827 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDriveway • Single Garage Attached
ExteriorPrivate Yard
BasementFull
Year Built1952
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$956After mortgage & expenses
Cap Rate3.2%Based on market rents
Cash on Cash Return-6.2%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

BANFF TRAIL

Moderate Investment
Loading map...
Investment Score70/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jagjeet Singh · Royal LePage METRO