$800,000

Multi-Family · MLS® A2288649
990Sq Ft
1Garage
1912Year Built
02 / Overview

PROPERTY OVERVIEW

Prime inner-city redevelopment opportunity in Crescent Heights.

Positioned on a just under 60 x 100 lot and zoned M-CGd72 (Multi-Residential – Contextual Ground Oriented), this property offers exceptional potential for townhomes or a fourplex style development (City of Calgary confirmation required) in one of Calgary’s most sought-after infill communities.

M-CG is specifically designed to support ground-oriented multi-residential projects that align with the character of established neighbourhoods — making this an ideal site for builders looking to deliver high-demand product in a proven...

03 / Details

PROPERTY DETAILS

Property TypeMulti-Family
Building TypeDuplex
Total Finished Area990 sq ft
Lot Size5,941 sq ft
ZoningM-CG d72
Parking1 Car Garage
Year Built1912
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,812After mortgage & expenses
Cap Rate1.8%Based on market rents
Cash on Cash Return-13.6%With 20% down payment
Est. Monthly Rent$1,733Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CRESCENT HEIGHTS

Moderate Investment
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Investment Score69/100
Avg Home Price$538K
Active Listings35
Listed by Harold Spicer · Real Broker