Question 1

What are the monthly costs for 3103, 3107, 3115, 3119, 5150 47 Street NE?

Accepted Answer

The estimated monthly costs for 3103, 3107, 3115, 3119, 5150 47 Street NE are approximately $29,930.27, including mortgage payment of $27,019.85 (with 20% down at 5.5% interest), property taxes of $2,910.42/month. Contact us for personalized financing options and current rates.

Question 2

What is the rental income potential for 3103, 3107, 3115, 3119, 5150 47 Street NE, Calgary?

Accepted Answer

This 5462.08 sqft property at 3103, 3107, 3115, 3119, 5150 47 Street NE could generate approximately $7,373.81/month in rental income (based on Calgary's $1.35/sqft average). After expenses including property tax, maintenance, and management fees, the estimated net rental yield is -0.15% annually. Actual rental rates vary by specific location, property condition, and current market demand.

Question 3

How much are property taxes for 3103, 3107, 3115, 3119, 5150 47 Street NE?

Accepted Answer

Property taxes for 3103, 3107, 3115, 3119, 5150 47 Street NE are estimated at approximately $34,925.00 annually ($2,910.42/month) based on Calgary's average mill rate of 0.635%. Actual taxes depend on the property's current assessed value and can vary. Contact us for confirmed tax amounts.

Question 4

Is 3103, 3107, 3115, 3119, 5150 47 Street NE a good investment property?

Accepted Answer

3103, 3107, 3115, 3119, 5150 47 Street NE presents moderate investment value at $1,006.94/sqft. This null bedroom, null bathroom Commercial offers an estimated gross rental yield of 1.61% with potential monthly rental income of $7,373.81. Calgary's stable economy, growing population, and diverse rental demand make it an attractive market for real estate investors. Use our investment analysis tools to calculate detailed cash flow, cap rate, and ROI projections specific to this property.

Question 5

What is the neighborhood like for 3103, 3107, 3115, 3119, 5150 47 Street NE?

Accepted Answer

3103, 3107, 3115, 3119, 5150 47 Street NE is located in Calgary, Alberta, a vibrant metropolitan area with strong economic fundamentals and growing rental demand. Calgary consistently ranks among Canada's top cities for real estate investment due to its diversified economy, high employment rates, excellent infrastructure, and quality of life. The property provides access to local amenities including shopping, dining, schools, parks, and public transportation. For detailed neighborhood statistics, walkability scores, nearby amenities, and investment metrics specific to this location, contact our investment specialists.

Question 6

How old is 3103, 3107, 3115, 3119, 5150 47 Street NE?

Accepted Answer

This well-established property (built 2007) offers proven construction quality and structural integrity while still providing modern amenities. Properties of this age often have mature landscaping, established neighborhoods, and stable property values with good appreciation potential.

3103, 3107, 3115, 3119, 5150 47 Street NE

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