Active
UPPER MOUNT ROYAL
2003 9 Street Sw, Calgary, AB
$1,500,000
Residential · MLS® A23256563Bedrooms
1Bathrooms
1,290Sq Ft
1Garage
1957Year Built
02 / Overview
PROPERTY OVERVIEW
EXCELLENT REDEVELOPMENT OPPORTUNITY IN PRESTIGIOUS UPPER MOUNT ROYAL!
This rare building opportunity presents an oversized, private ~50 x 175 ft (8,715 square foot) lot on a quiet, tree-lined street in one of Calgary’s most desirable inner-city communities. Located on 9th Street SW, the property offers a tranquil setting while remaining within walking distance of the vibrant shops, restaurants, and amenities along 17th Avenue SW, as well as convenient access to downtown Calgary.
The existing structure, once a cherished family home, has...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,290 sq ft
Lot Size8,718 sq ft
ZoningDC (pre 1P2007)
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Detached
ExteriorNone
BasementFull
Year Built1957
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$4,235After mortgage & expenses
Cap Rate1.1%Based on market rents
Cash on Cash Return-16.9%With 20% down payment
Est. Monthly Rent$2,408Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
UPPER MOUNT ROYAL
Moderate InvestmentLoading map...
Investment Score67/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Wayne Burton · RE/MAX West Real Estate