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$1,049,900

1001 McKinnon Drive NE

Mayland Heights, Calgary, Alberta

bed· bath·Row/Townhouse·MLS® A2324087·2d ago

About this home

LEGAL 4-PLEX | TURN-KEY INVESTMENT | SEPARATELY METERED | UNDER $1.1MExceptional investment opportunity in desirable Mayland Heights. Rarely does a LEGAL 4-plex come to market at this price point in such a desirable area. Situated on a quiet street on a prime corner lot, this property features 4 SELF-CONTAINED UNITS WITH PRIVATE ENTRANCES, SEPARATE UTILITIES. The two upper units each offer approx 1,070 sq.ft. with spacious 3 BEDROOM layouts and 4-piece bathrooms. The two lower units are approx.. 990 sq.ft. each, both offering functional 2-bedroom layouts, with one featuring a 4-piece bath and the other a 3-piece bath.Each unit is equipped with its own dedicated furnace, hot water tank, gas meter, electrical meter, and PRIVATE LAUNDRY FACILITIES, providing convenience for tenants and simplified management for ownership. An ideal setup for investors seeking a low-maintenance income property.Outside, the property offers 6 PAVED OFF-STREET PARKING STALLS, 4 with plug-ins, plus PRIVATE FENCED YARD SPACE FOR EACH UNIT, a rare feature that further enhances tenant desirability.Excellent location just minutes to downtown Calgary, with easy access to schools, parks, shopping, transit, and major roadways. Whether you are expanding your portfolio or looking for a strong multi-family asset in a central location, this is an opportunity you do not want to miss. (id:66681)

Facts & features

Property type
Row/Townhouse
Year built
1968
Total living area
Lot size
6,997 sqft
Basement
None
Legal suite
No
Garage spaces
0
Community
Mayland Heights

Location

This listing is sample data for preview purposes and does not reflect a real, currently available property. Once IAMLOVETIGER’s live DDF® feed is connected, listings here will show real MLS® data with full attribution, provided by the listing brokerage and deemed reliable but not guaranteed.

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

$209,980 (20%)

Base loan amount$839,920

$5,122 / month

First payment: $3,799 interest, $1,323 principal