$1,390,000
$1,429,900
2.8%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
6 Baths
4,813 SqFt
SOLD DATE : 03/28/2024
Key Details
Sold Price $1,390,000
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,813 sqft
Price per Sqft $288
Subdivision Glenbrook
MLS® Listing ID A2099392
Sold Date 03/28/24
Style 2 Storey,Side by Side
Bedrooms 12
Full Baths 4
Half Baths 2
Originating Board Calgary
Year Built 1987
Annual Tax Amount $5,888
Tax Year 2023
Lot Size 5,984 Sqft
Acres 0.14
Property Description
Seize a rare Investment Opportunity in Glenbrook, a highly sought-after neighborhood in Calgary. This substantial corner lot, zoned R-CG, presents a unique combination of a lucrative rental property and a perfect setting for multigenerational living. The residence features 4 self-contained units (2 of which are illegal suites), each offering privacy and independence, ideal for large families or investors. Property Highlights: Spacious 50x120ft corner lot with a favorable south-facing position. Generous living space, boasting over 4800 sq ft, the property offers ample space across its four independent units (2 of which are illegal suites). Details -2 upper floor units with 3 bedrooms and 1.5 baths, and 2 Main floor units (illegal suites) with 3 bedrooms and 1 full bath each. Each unit (2 of which are illegal suites) is equipped with individual furnaces, hot water tanks, dishwashers, refrigerators, stoves, and laundry facilities, ensuring comfort and autonomy for each living unit. All units are currently tenanted, providing immediate income, with a 24-hour showing notice required. If you prefer there is also Multigenerational Appeal, this property is not just an investor's dream but also perfectly suited for multigenerational families, offering shared yet independent living spaces. Its prime location is walking distance from schools, parks, transit, and amenities such as shopping and dining, enhancing lifestyle and rental appeal. Going forward as an Investment this property offers Enormous Development Potential: The R-CG zoning opens up future development opportunities, adding to its investment value. This property stands as a dual opportunity – a sound investment with a steady income stream and a suitable home for extended families looking to live together yet independently.
Location
Province AB
County Calgary
Area Cal Zone W
Zoning R-CG
Direction S
Rooms
Basement Finished, Full
Interior
Interior Features No Animal Home, No Smoking Home, Separate Entrance
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Ceramic Tile, Vinyl
Appliance Dishwasher, Electric Stove, Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Laundry In Unit
Exterior
Garage Alley Access, On Street, Parking Pad, Unpaved
Garage Description Alley Access, On Street, Parking Pad, Unpaved
Fence Partial
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch Balcony(s), Deck, Porch
Lot Frontage 50.0
Parking Type Alley Access, On Street, Parking Pad, Unpaved
Exposure S
Total Parking Spaces 2
Building
Lot Description Corner Lot, Front Yard, Lawn, Garden, Landscaped, Level, Many Trees, Rectangular Lot
Foundation Poured Concrete
Architectural Style 2 Storey, Side by Side
Level or Stories Two
Structure Type Concrete,Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 82960168
Ownership Private
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