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$1,200,000

203 42 Avenue SW

Parkhill, Calgary, Alberta

8 bed·4 bath·Row/Townhouse·MLS® A2318753·15h ago

About this home

RARE INVESTMENT OPPORTUNITY IN PARKHILL! Situated on an oversized 6,800+ sq ft lot in one of Calgary's most sought after inner city communities, this full duplex offers exceptional holding income today with tremendous future upside.Each side features a spacious 3 bedroom upper suite and a 1 bedroom illegal basement suite, creating four income generating units in total. This property has experienced strong tenant demand with minimal vacancy over the years, making it an attractive opportunity for investors seeking reliable cash flow in a premier inner city location.Whether you're looking to renovate, hold as a long-term investment, or redevelop, the possibilities are endless. Located just minutes from downtown, stampede park, and the amenities along Macleod Trail, this property offers unmatched convenience with easy access to transit, shopping, dining, and major commuter routes.Opportunities like this are rare. This property combines immediate income with exceptional redevelopment potential. A true opportunity to secure long term value in Parkhill! (id:66681)

Property details

Bedrooms
8
Bathrooms
4
Half baths
0
Year built
1961
Property type
Residential
Building type
Bungalow
Appliances
Refrigerator, Range - Electric, Dishwasher, Washer & Dryer
Parking
Attached Garage (4)
Zoning
R-CG
Community
Parkhill
MLS®
A2318753
Days on market
59

Location

Listing information last updated 15h 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

$240,000 (20%)

Base loan amount$960,000

$5,854 / month

First payment: $4,343 interest, $1,512 principal