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RIDEAU PARK

3205 4 Street Sw, Calgary, AB

$1,500,000

Residential · MLS® A2312577
5Bedrooms
2Bathrooms
1,703Sq Ft
2Garage
1949Year Built
02 / Overview

PROPERTY OVERVIEW

An exceptional opportunity to secure a premium oversized lot in one of Calgary’s most prestigious inner-city communities. Situated on a quiet tree-lined street in highly sought-after Rideau Park, this 7,890 sq. ft. property presents outstanding potential for a custom luxury home, transformative renovation, or long-term investment opportunity. Surrounded by multi-million dollar homes and mature landscaping, this property offers an ideal setting for a future estate residence with incredible proximity to downtown Calgary, the Elbow River pathway system, Stanley Park, Mission,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,703 sq ft
Lot Size7,890 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDouble Garage Detached • Driveway • Garage Door Opener • Off Street • Parking Pad • RV Access/Parking • See Remarks
ExteriorPrivate Yard
BasementFull
Year Built1949
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,454After mortgage & expenses
Cap Rate1.7%Based on market rents
Cash on Cash Return-13.8%With 20% down payment
Est. Monthly Rent$3,230Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RIDEAU PARK

Strong Investment
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Investment Score83/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jacqueline Ulch · RE/MAX First