2025 HOME, Investor Alert! Turnkey, income-generating property with strong cash flow and immediate rental income. Tenant-occupied until October 2026, with a good tenant in place who is willing to either vacate earlier or extend the tenancy beyond the current term, subject to mutual agreement. The tenant has strong credit, making this an ideal opportunity for investors seeking stable, low-risk income.This newer detached home generates an impressive approximate 5.5% CAP rate and offers true turnkey ownership with a fully legal basement suite and separate entrance. Enjoy peace of mind with Alberta New Home Warranty coverage.Located on a quiet street in one of Calgary's desirable communities, this premium property showcases extensive upgrades and exceptional dual-income potential. Featuring nearly 2,040 sq. ft. above grade plus an approximately 800 sq. ft. Separate entry, legal basement suite, the home has been thoughtfully upgraded throughout. The legal basement includes a full kitchen with appliances, making it a truly self-contained rental unit.Additional features include a detached double garage (20' x 20') with lane access, a gas fireplace, in-floor heating in both the basement and primary ensuite, quartz countertops, premium appliances, an ICF foundation for superior energy efficiency and durability, built-in speakers throughout the home, a surveillance camera system, smart home features, Trex decking, and fully completed landscaping and fencing.The exterior offers outstanding curb appeal with premium real stone and metal architectural finishes, while more than $40,000 in upgrades add both value and functionality. This is a rare opportunity to acquire a fully established investment property with immediate cash flow, strong rental potential, and no landlord setup required. Perfect for investors looking for stable returns and long-term appreciation in the Calgary market. (id:55577)
Property Features
- MLS® Number A2317394
- Price $999,999
- Bedrooms: 4
- Bathrooms: 4
- Square Footage: 2041 sqft
- Property Type: House
- Community Name: Highwood
- Amenities Near By Playground, Schools, Shopping
- Features Back Lane, No Smoking Home, Gas Bbq Hookup
- Parking Space Total 2
- Plan 2111305
- Structure Deck
Buildings
| Bathroom Total | 4 | Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 | Bedrooms Total | 4 |
| Appliances | Washer, Refrigerator, Water Softener, Range - Gas, Dishwasher, Dryer, Microwave, Microwave Range Hood Combo, Hood Fan, Garage Door Opener | Basement Development | Finished |
| Basement Features | Separate Entrance, Suite | Basement Type | Full (finished) |
| Constructed Date | 2025 | Construction Material | Poured Concrete, Wood Frame, Steel Frame, Icf Block |
| Construction Style Attachment | Detached | Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete, Stone, Stucco | Fireplace Present | Yes |
| Fireplace Total | 1 | Flooring Type | Ceramic Tile, Hardwood, Vinyl |
| Foundation Type | See Remarks, Poured Concrete | Half Bath Total | 1 |
| Heating Type | Other, Forced Air | Stories Total | 2 |
| Size Interior | 2041 Sqft | Total Finished Area | 2041 Sqft |
| Type | House |
Parking
| Detached Garage | 2 |
Land
| Acreage | No | Fence Type | Fence |
| Land Amenities | Playground, Schools, Shopping | Landscape Features | Fruit Trees, Landscaped |
| Size Depth | 30.48 M | Size Frontage | 9.14 M |
| Size Irregular | 3000.00 | Size Total | 3000 Sqft|0-4,050 Sqft |
| Size Total Text | 3000 Sqft|0-4,050 Sqft | Zoning Description | Rc2 |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Second Level | Other | 12.58 Ft x 7.00 Ft |
| Second Level | Bedroom | 11.42 Ft x 14.33 Ft |
| Second Level | 5pc Bathroom | 18.42 Ft x 7.50 Ft |
| Second Level | Primary Bedroom | 14.67 Ft x 16.33 Ft |
| Second Level | Bedroom | 11.33 Ft x 11.83 Ft |
| Second Level | 4pc Bathroom | 5.75 Ft x 10.00 Ft |
| Basement | Bedroom | 10.00 Ft x 13.00 Ft |
| Basement | Furnace | 9.50 Ft x 7.83 Ft |
| Basement | Kitchen | 5.33 Ft x 4.83 Ft |
| Basement | 3pc Bathroom | 9.50 Ft x 5.00 Ft |
| Basement | Other | 6.08 Ft x 8.92 Ft |
| Main Level | Living Room | 15.42 Ft x 11.92 Ft |
| Main Level | Family Room | 14.00 Ft x 15.00 Ft |
| Main Level | Other | 6.00 Ft x 9.75 Ft |
| Main Level | Kitchen | 16.50 Ft x 12.58 Ft |
| Main Level | Dining Room | 15.00 Ft x 16.00 Ft |
| Main Level | 2pc Bathroom | 6.00 Ft x 5.08 Ft |
| Main Level | Foyer | 6.58 Ft x 7.50 Ft |
Agents and Offices
- Gio Raj
- Office: Real Estate Professionals Inc.
