$1,199,999
Residential · MLS® A22621218Bedrooms
4Bathrooms
1,871Sq Ft
1Garage
1959Year Built
02 / Overview
PROPERTY OVERVIEW
An exceptional investment opportunity in the heart of Bankview. This detached 4-plex, set on a 125’ x 42’ M-C1 corner lot, offers four self-contained 2-bedroom units, each with in-suite laundry, abundant natural light, and recently renovated bathrooms. Additionally, you will find an oversized detached double garage, currently rented separately, but could act as additional parking for tenants.
With its prime inner-city location between Marda Loop and 17th Avenue, this property provides quick access to downtown, the University of Calgary, Mount...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,871 sq ft
Lot Size5,242 sq ft
ZoningM-C1
HeatingForced Air
CoolingNone
ParkingNone • On Street
ExteriorOther
BasementFull
Year Built1959
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,644After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.2%With 20% down payment
Est. Monthly Rent$3,674Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SOUTH CALGARY
Moderate InvestmentLoading map...
Investment Score70/100
Avg Home Price$794K
Active Listings30
Listed by Josh Giesbrecht · CIR Realty