Key Facts
- MLS® #: A2172809
- Property ID: SIRC2132436
- Property Type: Residential, Single Family Detached
- Living Space: 2,459.80 sq.ft.
- Year Built: 1982
- Bedrooms: 4+2
- Bathrooms: 3+1
- Parking Spaces: 2
- Listed By:
- Datong Property Management Ltd.
Property Description
Open House 1-3pm Saturday, October 19, 2024. Prime Investment: Income-Generating Property. Discover a lucrative opportunity in Banff Trail, directly across from the University of Calgary. This recently R-CG zoned property boasts unbeatable proximity to the C-Train, schools, parks, hospitals, and shopping. The current owner has retired and is relocating. The extensively renovated home offers 3,571 square feet of finished living space across four levels, ideal for generating substantial rental income or accommodating a large family. The upper levels feature 4 oversized bedrooms, 3 full bathrooms, 2 dens, and ample storage. The lower level offers a 2-bedroom suite with oversized bedrooms, a full bath, and a separate entrance. The property is turnkey ready, featuring modern tiled bathrooms, a new 528 square feet double garage, a newly renovated exterior with a brand-new balcony and new decks, and a renovated basement with granite countertops. Newer appliances and roof provide peace of mind. Currently, each upstairs bedroom generates $1,050 a month in income, and each basement bedroom generates $950, providing a total annual income of $73,200. This represents about 6% yield on the house price. with significant potential for increased income as market rents rise. The astute investor can achieve semi or even full retirement upon purchase! Additionally, this large property can easily accommodate 2 more bedrooms to maximize rental income. Call today to schedule a viewing and secure this exceptional investment property.
Rooms
- TypeLevelDimensionsFlooring
- Bathroom2nd floor14' 3" x 5' 5"Other
- Balcony3rd floor8' 9.9" x 7' 3"Other
- Storage3rd floor11' 2" x 20'Other
- Bedroom3rd floor15' 5" x 16' 6.9"Other
- BedroomBasement9' 5" x 19' 9"Other
- Family roomBasement11' 2" x 16' 3"Other
- BathroomBasement4' 6.9" x 12' 6.9"Other
- BedroomBasement14' 11" x 16' 3.9"Other
- Dining roomMain11' 6.9" x 16' 5"Other
- KitchenMain11' 9" x 16' 6.9"Other
- BedroomMain11' 9" x 14'Other
- BathroomMain4' 11" x 5'Other
- Living roomMain14' 5" x 18' 6"Other
- Storage2nd floor5' 3" x 4'Other
- Home office2nd floor7' 3" x 3' 11"Other
- Primary bedroom2nd floor15' 6.9" x 16' 5"Other
- Ensuite Bathroom2nd floor12' 9" x 8' 8"Other
- Bedroom2nd floor12' 3" x 14' 2"Other
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Location
2632 Capitol Hill Crescent NW, Calgary, Alberta, T2M 4C3 Canada
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