Active

KELVIN GROVE

904 73 Avenue Sw, Calgary, AB

$1,350,000

Residential · MLS® A2333372
4Bedrooms
1Bathrooms
2,016Sq Ft
1Garage
1965Year Built
02 / Overview

PROPERTY OVERVIEW

This H-GO zoned corner property offers an outstanding opportunity for builders, developers, and investors looking to secure a premium redevelopment site in one of Calgary's most sought-after southwest communities. Together with the adjacent property, the land assembly has already achieved Conditional Development Permit (DP) Approval and approved DSSPs for a thoughtfully designed 20-unit townhouse development (10 units on each parcel), significantly reducing development timelines.

Situated on a highly visible corner lot directly across from a beautiful community park and within walking...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area2,016 sq ft
Lot Size6,000 sq ft
ZoningH-GO
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Attached
ExteriorBalcony • None
BasementFull
Year Built1965
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,328After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.3%With 20% down payment
Est. Monthly Rent$3,728Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

KELVIN GROVE

Moderate Investment
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Investment Score72/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Xiaosong Lu · MaxWell Polaris