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    Description

    KEY INVESTMENT OPPORTUNITY! This raised bungalow with a LEGAL basement suite is ideally located just steps from International Avenue (17 Ave SE), offering excellent access to transit, restaurants, and local services. Zoned MC-1, the property presents strong rental income today with future redevelopment potential including the opportunity to build up to 8-unit complex, as on similar nearby lots.The main floor features 3 bedrooms, a full bathroom, a spacious living room area, and a functional kitchen. The legal basement suite includes 2 bedrooms, kitchen, living space, and shared laundry. With the raised bungalow design, the lower level gets great light throughout. Both upper and lower units are tenant-occupied, generating immediate income while you plan updates or future permitting. A sunny west-facing backyard and single detached garage, all just minutes from downtown and major routes. A solid buy-and-hold, income-generating property in one of Calgary’s most active investment corridors. (id:58070)

    Property Features

    • MLS® Number A2278020
    • Price $625,000
    • Bedrooms: 5
    • Bathrooms: 2
    • Square Footage: 1063 sqft
    • Property Type: House
    • Community Name: Forest Lawn
    • Amenities Near By Park, Schools
    • Features Pvc Window
    • Parking Space Total 4
    • Plan 1505hb

    Buildings

    Bathroom Total 2 Bedrooms Above Ground 3
    Bedrooms Below Ground 2 Bedrooms Total 5
    Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer Architectural Style Bungalow
    Basement Development Finished Basement Features Separate Entrance, Suite
    Basement Type Full (finished) Constructed Date 1958
    Construction Material Wood Frame Construction Style Attachment Detached
    Cooling Type None Flooring Type Ceramic Tile, Hardwood, Laminate
    Foundation Type Poured Concrete Half Bath Total 1
    Heating Type Forced Air Stories Total 1
    Size Interior 1063 Sqft Total Finished Area 1063.44 Sqft
    Type House

    Parking

    Parking Pad
    Detached Garage 1

    Land

    Acreage No Fence Type Fence
    Land Amenities Park, Schools Landscape Features Landscaped
    Size Depth 38.42 M Size Frontage 15.26 M
    Size Irregular 586.30 Size Total 586.3 M2|4,051 - 7,250 Sqft
    Size Total Text 586.3 M2|4,051 - 7,250 Sqft Zoning Description M-c1

    Rooms

    Level Type Dimensions
    Basement Living Room 13.33 Ft x 19.08 Ft
    Basement Kitchen 13.00 Ft x 9.92 Ft
    Basement Bedroom 13.00 Ft x 13.08 Ft
    Basement Bedroom 13.00 Ft x 7.67 Ft
    Basement 2pc Bathroom 6.42 Ft x 5.08 Ft
    Main Level Living Room 13.33 Ft x 19.67 Ft
    Main Level Kitchen 10.25 Ft x 14.50 Ft
    Main Level Bedroom 10.25 Ft x 10.25 Ft
    Main Level Bedroom 10.25 Ft x 11.92 Ft
    Main Level Primary Bedroom 11.33 Ft x 13.17 Ft
    Main Level 4pc Bathroom 5.00 Ft x 5.67 Ft
    Main Level Living Room 13.33 Ft x 19.67 Ft
    Address
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