Pending

FOREST HEIGHTS

827 Forlee Drive Se, Calgary, AB

$535,000

Residential · MLS® A2314113
3Bedrooms
2Bathrooms
931.21Sq Ft
4Garage
1964Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to 827 Forlee Drive SE, a 3-bedroom, 2-bathroom bungalow situated on a large corner lot in a well-established SE neighbourhood. With 1,790 sq ft of total developed living space and a functional layout, this property offers an excellent opportunity for buyers looking for space, utility, and long-term potential.

The home features newer appliances, an updated bathroom, and a fully developed basement that adds additional living space, storage, and flexibility for future improvements. Whether you’re looking to move in, renovate over...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area931.21 sq ft
Lot Size544 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingGarage Door Opener • Garage Faces Side • Heated Garage • Insulated • Oversized • RV Access/Parking • RV Gated • Secured • Triple Garage Detached
ExteriorPrivate Yard • RV Hookup • Storage
BasementFull
Year Built1964
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$635After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.1%With 20% down payment
Est. Monthly Rent$1,780Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

FOREST HEIGHTS

Moderate Investment
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Investment Score60/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Philip De Fazio · The Real Estate District