401 55 Av Sw, Calgary, AB

Calgary, Alberta

MLS : C4081554
  • 5 Bedrooms
  • 3 Bathrooms

About This Property

3 separate self contained suites is sitting on 100'x60' corner lot, R-C2 zoning! All 3 floors are currently occupied by tenants. Rent for the basement(2b/r) is $1,200/mo with lease up to the end of March 2017, Upper unit(no access to the common laundry, lease to the end of Oct 2016) pays $650/mo, Main floor(2b/r) is occupied by Property Manager paying $1,100/mo after discount in return for the service. Utilities cost about average $500/mo throughout the year, which is included in rent by the way. Garage is currently not rented but used by PM. Great location close to Chinook mall, LRT and Glenmore trail. This could be a great cash flow property, or mortgage helper for those who wish to move in and rent out the other 2 units. You may want to consider ahead for the potential of future re-development. Re-roofed in 2014.

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Property Facts

  • 1,534 f2 / 142.51 m2 - Living space
  • 559.00 m2 / 51.93 m2 - Lot size
  • Year Built 1949
  • $3,373 Taxes Other 2016



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