Active

ACADIA

132 Allandale Close Se, Calgary, AB

$429,987

Residential · MLS® A2319678
4Bedrooms
2Bathrooms
1,033.6Sq Ft
2Garage
1969Year Built
02 / Overview

PROPERTY OVERVIEW

Excellent investment opportunity in a well-established and family-friendly community. This half-duplex features an illegal/non-conforming basement illegal suite and that offers strong rental income potential for investors or owner-operators alike. Conveniently located close to major amenities, including shopping at Costco, grocery stores, medical services, schools, and recreational facilities. The main level offers a bright and functional layout with three spacious bedrooms, a full kitchen, a welcoming living room, and a comfortable dining area. The lower illegal suite, with its own separate...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeDuplex
Total Finished Area1,033.6 sq ft
Lot Size3,498 sq ft
ZoningR-CG
HeatingForced Air • Natural Gas
CoolingNone
ParkingDriveway • Off Street • Parking Pad
ExteriorCovered Courtyard • Private Entrance • Storage
BasementFull
Year Built1969
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,170After mortgage & expenses
Cap Rate7.7%Based on market rents
Cash on Cash Return16.3%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

ACADIA

Moderate Investment
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Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Gary Fayerman · REMAX Innovations