4 Beds
2 Baths
886 SqFt
4 Beds
2 Baths
886 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 886.0
Square Footage 886 sqft
Price per Sqft $839
Subdivision Montgomery
MLS Listing ID A2341910
Style Bungalow
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1955
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Detached
Property Description
This 2+2 bedroom property features a LEGAL basement suite with both levels designed as fully self-contained living spaces. Each level offers 2 bedrooms,a living area,full bathroom,full kitchen with appliances,and separate laundry.
The property is currently owner-occupied,but when fully rented,it has the potential to generate over $3,500/month in rental income,making this an excellent option for investors looking for strong holding income while benefiting from the property's future redevelopment potential.
The R-CG zoning adds significant flexibility and upside for developers and investors. Depending on plans and approvals,potential redevelopment options may include a 4plex,attached development,or attached homes with legal secondary suites.
Situated on a corner lot in an established and desirable location,the property is close to schools,parks,shopping,the Bow River,and major transportation routes.
Whether you're looking to live in the property,generate rental income,hold for future redevelopment,or take advantage of the R-CG zoning,this property offers multiple ways to create value.
Location
Province AB
County 0046
Community Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Area Cal Zone Nw
Zoning R-CG
Direction NW
Location Details Suite Attached/Within Primary Dwelling
Rooms
Basement Separate/Exterior Entry, Full, Finished
Guest Accommodations Basement
Interior
Interior Features Laminate Counters, Separate Entrance, Storage, Vinyl Windows
Heating Forced Air
Cooling None
Flooring Ceramic Tile, Hardwood, Laminate
Inclusions 2 Refrigerator, 2 Stove(s)
Fireplace No
Appliance Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
Laundry Multiple Locations
Exterior
Exterior Feature None
Parking Features Concrete Driveway, Parking Pad
Fence None
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch None
Total Parking Spaces 4
Garage No
Building
Lot Description Back Lane, Back Yard, Corner Lot, No Neighbours Behind, Triangular Lot
Dwelling Type House
Faces N
Story One
Foundation Poured Concrete
Architectural Style Bungalow
Dwelling Type Suite Attached/Within Primary Dwelling
Level or Stories One
New Construction No
Others
Restrictions None Known
LOCATION AND NEARBY PROPERTIES
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REVIEWS
My husband and I recently purchased a home in Airdrie with Justin Newman and couldn't be happier with our experience! He guided us through the whole process, was incredibly helpful in answering questions, and went above and beyond to make sure the whole process was stress free and seamless. He was always available for phone calls and helped us navigate every aspect of the purchase (showings, home inspection, condo doc read, lawyers etc.). We highly recommend Happy House Hunting and Justin for a realtor in the Calgary area and will definitely be using him again!
