Ryan & Dennis Shandruk
403-830-3690
RE/MAX REALTY PROFESSIONALS
Fax: 403-366-6102
MLS®: A2332916 - Highland Park Bungalow $450,000
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
Includes: In Basement: Fridge, Washer/Dryer, Microwave Site Influences: Back Lane, Back Yard, Landscaped, Rectangular Lot Property InformationProperty 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 InformationCity/Town: Calgary Community: Highland Park ExteriorLot 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 InteriorHeating: Forced Air, Natural Gas Basement: Full Floor Finish: Carpet, Ceramic Tile, Hardwood Fireplace Details: For Sale RoomsTotal Bedrooms: 3 (Bedrooms Above: 2) Bathrooms: Full: 2 / Half: 0 Above Grade: 4 Legal, Financial & PossessionZoning: 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
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. |