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$689,000

616 34 Avenue NE

Winston Heights/Mountview, Calgary, Alberta

4 bed·2 bath·Detached·MLS® A2313617·1mo ago

About this home

PRIME INVESTMENT OPPORTUNITY with LEGAL BASEMENT SUITE. This well-maintained bungalow offers strong income potential and flexibility for investors or homeowners. The MAIN FLOOR is currently rented for $1,750/MONTH, while the LEGAL BASEMENT SUITE has been successfully used as an AIRBNB. Situated on a large 5,768 SQ.FT. RCG ZONED LOT, this property also offers excellent FUTURE REDEVELOPMENT POTENTIAL. The home features approximately 939.58 SQ.FT. ABOVE GRADE with SEPARATE LIVING SPACES, UPDATED MECHANICALS, RENOVATED INTERIORS, and excellent functionality throughout. MAIN FLOOR includes a SPACIOUS KITCHEN, LARGE LIVING AREA, and 3 BEDROOMS. The FULLY DEVELOPED LEGAL BASEMENT SUITE offers additional living space with PRIVATE ACCESS, making it ideal for SHORT-TERM or LONG-TERM RENTAL INCOME. Conveniently located close to DOWNTOWN, TRANSIT, DEERFOOT TRAIL, SCHOOLS, PARKS, SHOPPING, and WINSTON GOLF CLUB. Great opportunity for CASH FLOW, MORTGAGE HELPER POTENTIAL, or FUTURE REDEVELOPMENT. (id:66681)

Property details

Bedrooms
4
Bathrooms
2
Half baths
0
Year built
1956
Property type
Residential
Building type
Bungalow
Appliances
Washer, Refrigerator, Stove, Dryer, Microwave
Parking
Detached Garage, Carport (2)
Zoning
R-CG
MLS®
A2313617
Days on market
87

Location

Listing information last updated 1mo 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

$137,800 (20%)

Base loan amount$551,200

$3,361 / month

First payment: $2,493 interest, $868 principal