MLS®: A2332916 - Highland Park Bungalow $450,000

  • Address: 3911 1 Street
  • Size: 801 sq.ft.
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Investment opportunities like this are becoming increasingly difficult to find. Offering immediate rental income, two self-contained living spaces, and the long-term advantages of owning a detached home in the established community of Highland Park, this property is an excellent addition to any real estate portfolio. Located in the desirable inner-city community of Highland Park, investors will appreciate the strong rental appeal created by convenient access to downtown Calgary, Centre Street, Edmonton Trail, Deerfoot Trail, public transit, parks, schools, shopping, restaurants, and nearby amenities. The central location continues to attract tenants seeking affordable housing with excellent access throughout the city, making this a smart long-term investment. The property features two separate living spaces, providing excellent income potential and flexibility. The main floor offers a well-maintained two-bedroom, one-bathroom living space with its own private washer and dryer. Thoughtful updates completed in approximately 2015 provide a move-in-ready living environment that continues to appeal to quality tenants. The lower level features a separate one-bedroom, one-bathroom illegal suite, also complete with its own private washer and dryer. One of the standout advantages of this property is that both are currently occupied under one-year lease agreements, providing immediate rental income from day one and reducing the uncertainty and costs associated with securing new tenants. Outside, the detached single garage further enhances the property's desirability by providing secure parking, additional storage, or flexible space for tenant use. An increasingly valuable feature for rental properties in established inner-city neighbourhoods. Whether you are looking to expand your investment portfolio, enter the Calgary rental market, or secure a property with future redevelopment potential commonly associated with established inner-city communities, this property offers outstanding value. Combining immediate cash flow, a detached home, two income-producing living spaces, a detached garage, and an exceptional Highland Park location, this is an investment opportunity well worth your consideration.

MLS®: A2332916 - Highland Park Bungalow $450,000

  • Address: 3911 1 Street
  • Size: 801 sq.ft.
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  • 2
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Includes: In Basement: Fridge, Washer/Dryer, Microwave

Site Influences: Back Lane, Back Yard, Landscaped, Rectangular Lot

Property Information

Property Type: Residential Detached Single Family

Home Style: Bungalow

Year Built: 1959

Total Floor Area: 801 sq. ft.

Brokerage: RE/MAX Realty Professionals

Listed Date: Please login or create an account

Community Information

City/Town: Calgary

Community: Highland Park

Exterior

Lot Size: 0.07 sq.ft.

Lot Shape: Back Lane,Back Yard,Landscaped,Rectangular Lot

Exterior: Vinyl Siding, Wood Frame

Construction: Vinyl Siding,Wood Frame

Frontage: 7.62M 25`0"

Front Exposure: E

Roof: Asphalt Shingle

Parking: Single Garage Detached

Total Parking: 1

Interior

Heating: Forced Air, Natural Gas

Basement: Full

Floor Finish: Carpet, Ceramic Tile, Hardwood

Fireplace Details: For Sale

Rooms

Total Bedrooms: 3 (Bedrooms Above: 2)

Bathrooms: Full: 2 / Half: 0

Above Grade: 4

Legal, Financial & Possession

Zoning: R-CG

Legal Description: Lot/Unit: Lot/Unit:,Plan: 3674S,Block:

Tax: 3238.00

Possession: Negotiable,Subject To Tenancy

Occupancy: Tenant

Restrictions: Airspace Restriction

Listing Courtesy of RE/MAX Realty Professionals

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®: A2332916 - Highland Park Bungalow $450,000

  • Address: 3911 1 Street
  • Size: 801 sq.ft.
  • 3
  • 2
  • 1

Listing Courtesy of RE/MAX Realty Professionals

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.