Open house 12-2pm Saturday Nov 23, 2024. Discover a prime investment opportunity in Banff Trail, directly across from the University of Calgary. This R-CG zoned property boasts unbeatable access to two CTrain stations, top schools, parks, hospitals, and shopping. The extensively renovated home offers 3,571 square feet of finished living space across four levels. 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. This turnkey property features 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. Live upstairs and have basement tenants pay your mortgage, or rent out the property for $74,640 a year (each upstairs bedroom rents for $1,080 a month, and each basement room $950). There is significant potential for increased rents due to the location and rising market rates. 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 secure this exceptional investment property.
Data was last updated November 24, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,099,500
Min list price:
$239,900
Max list price:
$2,050,000
Avg days on market:
62
Min days on market:
3
Max days on market:
115
Avg price per sq.ft.:
$548.87
These statistics are generated based on the current listing's property type
and located in
Banff Trail. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.