*VISIT MULTIMEDIA LINK FOR FULL DETAILS & FLOORPLANS!* INCREDIBLE INVESTMENT OPPORTUNITY! LEGAL DUPLEX WITH CITY-APPROVED BASEMENT SUITES (4 TOTAL UNITS GENERATING $6,445/MONTH). Welcome to this exceptional investment opportunity in the friendly and welcoming community of Southview. Located on a full-sized 50 x 120 sq ft lot with MC-1 zoning, this property provides for various development possibilities in the future. The well-maintained duplex property features 4 rentable units, each including 2 bedrooms and 1 full bathroom. Plus, the basement suites are 100% legal as approved by the City of Calgary. All of the units come fully equipped with an appliance package, window coverings, and a parking stall with power to plug in a vehicle. each unit features its own in-suite laundry services; the upper units have stacking washers/dryers, and the lower units have side-by-side washers/dryers. For those seeking an investment opportunity, these properties are an excellent option for a "buy and hold" strategy, currently generating $6,445 per month in revenue. The sellers have also employed a professional management company, and the existing contract can be continued, offering peace of mind to investors. This property boasts a great location with convenient access to the inner-city and downtown via 17 Ave SE and other parts of the city via nearby Deerfoot Trail. Plus, there are many transit options within walking distance, including the BRT, which offers a quick route downtown and to the Calgary Airport. The community Southview was established in 1950 and is located beside the Bow River, where there is a wide variety of amenities and attractions to suit every interest, from beautiful walking paths and breathtaking views of downtown to nearby golf courses. Plenty of sports facilities are within easy reach of the neighbourhood, and the Bow Water Canoe Club is within its boundaries. The area north of 17 Ave offers indoor and outdoor swimming pools and an outdoor skating rink, while other major local attractions include the Inglewood Bird Sanctuary and the Calgary Zoo. Local Southview schools include Bishop Kidd School, Patrick Airlie School, and Holy Trinity School.
Data was last updated December 12, 2024 at 04:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$1,798,000
Min list price:
$428,888
Max list price:
$3,300,000
Avg days on market:
45
Min days on market:
1
Max days on market:
174
Avg price per sq.ft.:
$571.68
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.