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$1,499,000

1, 1202 2 Street NE

Crescent Heights, Calgary, Alberta

bed· bath·Row/Townhouse·MLS® A2311476·2mo ago

About this home

Exceptional investment opportunity in the highly sought-after community of Crescent Heights! This exceptionally well-maintained 4-plex offers a rare layout more comparable to a boutique apartment building than a traditional fourplex. All 4 completely self-contained units features 3 bedrooms + den, generous living areas, functional layouts, and strong tenant appeal, offering privacy and independence for residents. Adding to the investment appeal, tenants are responsible for their own utilities, and the owner does not pay utilities for the common areas, helping to minimize operating expenses. Pride of ownership is evident throughout, with meticulous upkeep and maintenance over the years. Ideally located just minutes to downtown, transit, parks, schools, shopping, and vibrant local amenities, this is a prime opportunity for investors seeking a premium multi-family asset in an unbeatable inner-city location. The current rents are as follows: Unit A is $1,500 and units B, C, and D are $1,650 per month each + tenants pay utilities. (id:66681)

Property details

Year built
1978
Property type
Residential
Appliances
Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave
Parking
Street (4)
Zoning
M-CG d72
MLS®
A2311476
Days on market
69

Location

Listing information last updated 2mo ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$299,800 (20%)

Base loan amount$1,199,200

$7,313 / month

First payment: $5,425 interest, $1,888 principal