Pending

MARTINDALE

170 Martindale Drive Ne, Calgary, AB

$425,000

Residential · MLS® A2305824
4Bedrooms
2Bathrooms
902.69Sq Ft
0Garage
1990Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this well-located bungalow in the desirable community of Martindale — an excellent opportunity for both homeowners and investors alike!

The main floor features 2 spacious bedrooms, 1 full bathroom, and a functional layout with plenty of natural light. The basement offers a newly renovated ILLEGAL suite with a separate entrance, featuring 2 bedrooms and 1 full bathroom, making it ideal for extended family or rental income potential.

Recent upgrades include a new roof, recently repaired siding, a new front main...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area902.69 sq ft
Lot Size2,744 sq ft
ZoningR-CG
HeatingMid Efficiency • Natural Gas
CoolingNone
ParkingAlley Access • None
ExteriorNone
BasementFull
Year Built1990
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,192After mortgage & expenses
Cap Rate7.8%Based on market rents
Cash on Cash Return16.8%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

MARTINDALE

Moderate Investment
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Investment Score61/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Mohammad Abdur Razzak · SkaiRise Realty