$747,000
Residential · MLS® A22895916Bedrooms
4Bathrooms
1,506Sq Ft
1Garage
1959Year Built
02 / Overview
PROPERTY OVERVIEW
Rare opportunity to own a duplex situated on an MC-1 zoned lot, offering strong future development potential. This income-producing property provides immediate rental revenue while allowing flexibility for redevelopment down the line. Ideal for investors looking to hold and build equity in a growing area. Excellent location close to amenities, transit, and major routes.
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeDuplex
Total Finished Area1,506 sq ft
Lot Size6,759 sq ft
ZoningM-C1
HeatingForced Air • Natural Gas
CoolingNone
ParkingSingle Garage Detached
ExteriorPrivate Entrance
BasementFull
Year Built1959
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$374After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-3.0%With 20% down payment
Est. Monthly Rent$2,936Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
BOWNESS
Moderate InvestmentLoading map...
Investment Score65/100
Avg Home Price$843K
Active Listings41
Listed by Norb Park · Sotheby's International Realty Canada