$265,000

Residential · MLS® A2277811
3Bedrooms
2Bathrooms
485.5Sq Ft
2Garage
1971Year Built
02 / Overview

PROPERTY OVERVIEW

***Back on the market—previous offer collapsed due to financing. Great opportunity for new Buyers!*** Affordable Bi-Level Gem in Penbrooke Meadows – NO CONDO FEES!! Welcome to 1201 53B Street SE, Calgary AB, a charming bi-level home nestled on a sunny corner lot in the heart of Penbrooke Meadows. This property offers exceptional value with no condo fees, making it perfect for first-time buyers, families, or savvy investors.Step into a bright and inviting living room featuring a large window that fills...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area485.5 sq ft
Lot Size2,765 sq ft
ZoningM-C1
HeatingForced Air • Natural Gas
CoolingNone
ParkingOff Street
ExteriorPrivate Entrance • Private Yard
BasementFull
Year Built1971
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$174After mortgage & expenses
Cap Rate3.7%Based on market rents
Cash on Cash Return-4.0%With 20% down payment
Est. Monthly Rent$1,000Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

PENBROOKE MEADOWS

Moderate Investment
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Investment Score60/100
Avg Home Price$394K
Active Listings25
Listed by Maricel Kharrat · Real Estate Professionals Inc.