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Key Details
Sold Price $515,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,218 sqft
Price per Sqft $422
Subdivision Bowness
MLS® Listing ID A2081288
Sold Date 09/23/23
Style Bungalow
Bedrooms 4
Full Baths 3
Originating Board Calgary
Year Built 1960
Annual Tax Amount $2,977
Tax Year 2023
Lot Size 5,995 Sqft
Acres 0.14
Property Description
Attention Builders or Investors: Exceptional Investment Opportunity with a Legal Basement Suite in Desirable Bowness. this property presents an enticing blend of comfort, revenue, and location, generating over $4,000 in monthly revenue. The City of Calgary has granted legal status to the east side basement suite, providing peace of mind for investors. This separate legal suite offers a self-contained living space for additional rental income or extended family living. The property has undergone upgrades including updated kitchens, floorings, and bathrooms. You'll find brand-new tubs and beautifully tiled showers that add a touch of luxury to the space. The lot is generously sized with ample outdoor space for potential expansion, gardening, or simply enjoying the outdoors. Nature enthusiasts will be delighted to know that this property is conveniently located close the Bow River Pathway and breathtaking Rocky Mountains. Explore hiking trails, ski resorts, and the great outdoors, just a short drive away. In addition, there are many amenities nearby, including schools, shopping centers, restaurants, and public transportation, within easy reach. Bowness offers a vibrant and welcoming community. With updated interiors and stable tenants in place, you can invest with confidence. Whether you're a seasoned investor or just starting, this property offers the best of both worlds providing immediate rental income without the hassle of finding occupants. This property is a unique opportunity to invest in a home that generates substantial income, thanks to its legal basement suite and desirable location.
Location
Province AB
County Calgary
Area Cal Zone Nw
Zoning R-C2
Direction N
Rooms
Basement Separate/Exterior Entry, Full, Suite
Interior
Interior Features No Animal Home, No Smoking Home
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Laminate, Tile
Appliance Dishwasher, Garage Control(s), Gas Range, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Washer/Dryer Stacked
Laundry In Basement, Main Level
Exterior
Parking Features Double Garage Detached, Off Street
Garage Spaces 2.0
Garage Description Double Garage Detached, Off Street
Fence Fenced
Community Features Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch Patio
Lot Frontage 49.94
Exposure N
Total Parking Spaces 4
Building
Lot Description Back Lane, Back Yard, City Lot, Fruit Trees/Shrub(s), Landscaped, Level, Rectangular Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 82724655
Ownership Private
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