2632 Capitol Hill CRES Northwest Open House Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2M 4C3
OPEN HOUSE
Sat Oct 19, 1:00pm - 3:00pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,459 sqft
Price per Sqft $427
Subdivision Banff Trail
MLS Listing ID A2172809
Style 3 Storey
Bedrooms 6
Full Baths 3
Half Baths 1
Year Built 1982
Lot Size 3,541 Sqft
Acres 0.08
Property Description
Open House 1-3pm Saturday, October 19, 2024. Prime Investment: Income-Generating Property. Discover a lucrative opportunity in Banff Trail, directly across from the University of Calgary. This recently R-CG zoned property boasts unbeatable proximity to the C-Train, schools, parks, hospitals, and shopping. The current owner has retired and is relocating. The extensively renovated home offers 3,571 square feet of finished living space across four levels, ideal for generating substantial rental income or accommodating a large family. The upper levels feature 4 oversized bedrooms, 3 full bathrooms, 2 dens, and ample storage. The lower level offers a 2-bedroom suite with oversized bedrooms, a full bath, and a separate entrance. The property is turnkey ready, featuring modern tiled bathrooms, a new 528 square feet double garage, a newly renovated exterior with a brand-new balcony and new decks, and a renovated basement with granite countertops. Newer appliances and roof provide peace of mind. Currently, each upstairs bedroom generates $1,050 a month in income, and each basement bedroom generates $950, providing a total annual income of $73,200. This represents about 6% yield on the house price. with significant potential for increased income as market rents rise. The astute investor can achieve semi or even full retirement upon purchase! Additionally, this large property can easily accommodate 2 more bedrooms to maximize rental income. Call today to schedule a viewing and secure this exceptional investment property.
Location
State AB
County Calgary
Area Cal Zone Cc
Zoning R-CG
Direction SW
Rooms
Basement Finished,Full
Interior
Interior Features Ceiling Fan(s),No Animal Home,No Smoking Home,Open Floorplan,Pantry
Heating Forced Air,Natural Gas
Cooling None
Flooring Carpet,Hardwood,Stone,Vinyl
Fireplaces Number 3
Fireplaces Type Gas
Inclusions no
Appliance Dishwasher,Dryer,Garage Control(s),Oven,Refrigerator,Stove(s),Washer
Laundry Laundry Room
Exterior
Exterior Feature Balcony
Garage Double Garage Detached
Garage Spaces 2.0
Fence None
Community Features Schools Nearby,Shopping Nearby
Roof Type Asphalt Shingle
Porch Balcony(s),Deck
Lot Frontage 29.5
Parking Type Double Garage Detached
Total Parking Spaces 2
Building
Lot Description Rectangular Lot
Dwelling Type House
Foundation Wood
Architectural Style 3 Storey
Level or Stories Three Or More
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 95034169