Active
BOWNESS
8312 47 Avenue Nw, Calgary, AB
$985,000
Residential · MLS® A23031392Bedrooms
2Bathrooms
1,292.16Sq Ft
1Garage
1955Year Built
02 / Overview
PROPERTY OVERVIEW
Melding timeless traditional Brownstone style with contemporary living, the approved DP Plans feature four two-storey homes, each with lower-level units with separate entrances; back lane access to a four-car parking pad; and a detached storage garage to accommodate eight bicycles.
The Seller will include: the required DSSP and the City of Calgary Development Levy.
The Buyer to complete the Ready for Construction drawings and the associated engineering.
An existing 1292 sqft bungalow, including basement development, on the property may have potential value...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area1,292.16 sq ft
Lot Size5,991 sq ft
ZoningR-CG
HeatingForced Air
CoolingNone
ParkingDriveway • Single Garage Detached
ExteriorNone
BasementFull
Year Built1955
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$2,040After mortgage & expenses
Cap Rate2.0%Based on market rents
Cash on Cash Return-12.4%With 20% down payment
Est. Monthly Rent$2,361Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
BOWNESS
Moderate InvestmentLoading map...
Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Aldo Laratta · Sotheby's International Realty Canada