Active
SUNNYSIDE
922 2 Avenue Nw, Calgary, AB
$1,450,000
Residential · MLS® A23050574Bedrooms
2Bathrooms
987.8Sq Ft
2Garage
1948Year Built
02 / Overview
PROPERTY OVERVIEW
Here is an excellent opportunity for DEVELOPERS, BUILDERS and INVESTORS - 50' x 120' lot zoned DC, located on 2 AVENUE NW, one block away from Sunnyside LRT Station, kitty corner from Sunnyside School, steps away from the Peace Bridge and all the action of Kensington. The existing house is a solid mid-century raised bungalow with two units and great tenants in place. NOTE: the property can be purchased together with 926-2 AVE NW (the house next door) which would...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHouse
Total Finished Area987.8 sq ft
Lot Size5,995 sq ft
ZoningDC
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached
ExteriorNone
BasementFull
Year Built1948
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$3,265After mortgage & expenses
Cap Rate1.8%Based on market rents
Cash on Cash Return-13.5%With 20% down payment
Est. Monthly Rent$3,200Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SUNNYSIDE
Moderate InvestmentLoading map...
Investment Score69/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Aleksey Julanov · RE/MAX First