Active

PINERIDGE

179 Pinecliff Close Ne, Calgary, AB

$350,000

Residential · MLS® A2331687
2Bedrooms
2Bathrooms
810Sq Ft
3Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

Affordable homeownership is becoming increasingly difficult to find, making this well-maintained half duplex an exceptional opportunity for first-time buyers, investors or anyone looking to enter the market. With virtually nothing available under $350,000 in Pineridge or the surrounding communities, this property offers incredible value in an established, family-friendly neighbourhood.

Situated on a quiet crescent with only one attached neighbour, this home backs onto Pinecliff Park and features rear paved alley access, offering added privacy and easy access to green space. Commuting...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area810 sq ft
Lot Size2,497 sq ft
ZoningM-C1 d75
HeatingForced Air
CoolingNone
ParkingAlley Access • Asphalt • Concrete Driveway • Off Street • On Street • Parking Pad • Rear Drive
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$80After mortgage & expenses
Cap Rate4.2%Based on market rents
Cash on Cash Return-1.4%With 20% down payment
Est. Monthly Rent$1,518Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PINERIDGE

Needs Review
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Investment Score59/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Kelly L. Macdonald · Century 21 Masters