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SPRUCE CLIFF

3518 3 Avenue Sw, Calgary, AB

$1,149,900

Residential · MLS® A2322702
7Bedrooms
4Bathrooms
1,206.54Sq Ft
3Garage
1954Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this rare and versatile property situated on a large corner lot in the highly sought-after community of Spruce Cliff. Offering incredible flexibility for homeowners, investors, or multi-generational families, this unique property features a spacious bungalow, a heated triple detached garage, and a beautifully finished 810 sqft legal carriage suite above.

The main home boasts a bright, open-concept floor plan filled with natural light, featuring 5 bedrooms, 2 full bathrooms, and two separate entrances, creating endless possibilities for extended family...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,206.54 sq ft
Lot Size5,446 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingTriple Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built1954
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,960After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.2%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

SPRUCE CLIFF

Strong Investment
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Investment Score83/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Colin Graham · The Real Estate District