Active

ALTADORE

4205 16 Street Sw, Calgary, AB

$939,000

Residential · MLS® A2321820
5Bedrooms
3Bathrooms
1,512.48Sq Ft
1Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

Exceptional Altadore investment opportunity featuring 3 self-contained suites, including a registered 2-bedroom basement legal suite. The property offers a 2-bedroom main floor suite with fireplace, a 1-bedroom upper illegal suite with private balcony, and a 2-bedroom lower suite with fireplace and storage. Extensive improvements include a complete rebuild of the basement suite to the foundation, legal suite registration, 200-amp electrical service, new roofs on the house, garage and rebuilt carport, renovations to the upper and main floor suites, added in-suite...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,512.48 sq ft
Lot Size3,100 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingAlley Access • Carport • Covered • Single Garage Detached
ExteriorBalcony • Private Entrance • Private Yard • Storage
BasementFull
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,043After mortgage & expenses
Cap Rate3.1%Based on market rents
Cash on Cash Return-6.7%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

ALTADORE

Strong Investment
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Investment Score78/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Michelle Dueck · Real Broker