Price Reduction
Listing Provided Courtesy Of:
YMK REAL ESTATE & MANAGEMENT INC.
Address
1607 2 Street NW Calgary, AB
Price
$ 974,900
Property Attributes
  • ID#A1134910
  • TypeSingle Family
  • CityCalgary
  • AreaCalgary - Zone CC
  • NeighbourhoodCrescent Heights
  • Postal CodeT2M 2W2
  • Style2 Storey,Back Split
  • Price$ 974,900
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms2
  • Sqr Footage1964
  • Lot Size2,691 SqFt
Listing Provided Courtesy Of:
YMK REAL ESTATE & MANAGEMENT INC.
Data Source:
Pillar 9 Technologies
Property Description

Recently constructed (BUILT at the end of 2016!) full duplex with separate rentable space in the basement in Crescent Heights! Live in one of the units and rent the others out or just rent them all out! This listing is for the full duplex property, featuring front-to-back identical units with 3 bedrooms each with fully developed with 9' ceiling basement and additional bedroom that can be separately rented. In all, the entire property has a total of 8 bedrooms. Since the building completed construction at the end of 2016, the property is virtually free of maintenance and fixes. This property is also registered with the ALBERTA NEW HOME WARRANTY as well. The basements can be connected to the top unit but also have their own separate entrances and their own in-suite laundry. In all, there's a total of 4 washers, 4 dryers, 4 fridges, 4 dishwashers, 2 Stoves + 2 cooktops. The entire property is currently fully rented and can negotiate with tenants should you want them to stay. Live in one of the units and rent out the rest, or simply rent out all the units for a nice passive income. TOTAL POTENTIAL PASSIVE INCOME of $63,000 .00/Year! Situated in a prime location of Crescent Heights, and close to all amenities. This is a rare opportunity to own a premium investment property with a low footprint and high returns; achieving a positive cash is not a problem at all as all units demand very good rent. Finding renters is also easy as the location is superb!

Price History
8/9/2021 Listed $1,015,000
9/17/2021 2% - $999,900
11/2/2021 3% - $974,900

General Features

Arch Style 2 Storey, Back Split
Basement Full, Suite
Community Features None
Condo Type Not a Condo
Construction Materials Brick, Vinyl Siding
Cooling None
District CAL Zone CC
Flooring Carpet, Laminate, Linoleum
Heating Forced Air, Natural Gas
Parking Total 2
Property SubType Duplex
Property Type Residential
Roof Asphalt Shingle
Structure Type Duplex
Subdivision Name Crescent Heights
Suite Suite - Illegal
Transaction Type For Sale
Zoning M-C1

Interior Features

Bedrooms Above Grade 6
Below Grade Finished Area 862.52
Building Area Total Metres 0.00
Building Area Total Sf 0.00
Common Walls 1 Common Wall
Full Baths 4
Half Baths 2
Interior Features Breakfast Bar, No Smoking Home, Pantry, Track Lighting, Walk-In Closet(s)
Laundry Features In Basement, Laundry Room, Multiple Locations
Main Level Areas SquareFeet
Main Level Finished Area 943.34
Main Level Finished Area Metres 87.64
Main Level Finished Area Sf 943.34
Main Level Finished Area Srch Sq 943.34
Total Baths 6
Total Bedrooms 8

Exterior Features

Building Area Total 0.00
Exterior Features Lighting
Fencing Fenced
Foundation Poured Concrete
Frontage Length 7.62M 25`0
Inclusions Note, there are 4 sets: refrigeratorX4, dishwasherX4, washerX4, dryerX4.
Lot Description Back Lane, Back Yard, Few Trees, Front Yard, Lawn, Landscaped
Lot Size Acres 0.06
Parking Features Gravel Driveway, Parking Pad
Patio And Porch Features Front Porch, Rear Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in T2M 2W2

Price
AVG $970K
$970K
Visits
AVG 240
248
Year Built
AVG 2016
2016
Walkscore
AVG 76
76
Data Provided by Walkscore ® not using MLS data