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:55577)
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 |
Agents and Offices
- Jad Chawl-Snan
- Office: RE/MAX Complete Realty
