Active
FOREST LAWN
1527 46 Street Se, Calgary, AB
$599,900
Residential · MLS® A23211725Bedrooms
2Bathrooms
975.53Sq Ft
1Garage
1961Year Built
02 / Overview
PROPERTY OVERVIEW
Looking for a RARE INVESTMENT OPPORTUNITY WITH A LEGAL BASEMENT SUITE? Look no further! This well-kept bungalow is a total money-maker, perfect for investors or anyone wanting a huge mortgage helper. The main floor is already a super successful Airbnb that brings in top dollar, while the fully legal basement suite is currently rented out for steady, reliable cash flow month after month. Sitting on a massive 5900 sq. ft. R-CG zoned lot, this property lets you collect two rent...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area975.53 sq ft
Lot Size5,995 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingParking Pad • Single Garage Detached
ExteriorPlayground
BasementFull
Year Built1961
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow+$432After mortgage & expenses
Cap Rate5.3%Based on market rents
Cash on Cash Return4.3%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
FOREST LAWN
Moderate InvestmentLoading map...
Investment Score67/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Hui Zhao · TREC The Real Estate Company