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$1,049,900

1001 McKinnon Drive NE

Mayland Heights, Calgary, Alberta

bed· bath·Row/Townhouse·MLS® A2324087·1mo ago

About this home

*** BACK ON MARKET DUE TO FINANCING *** 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)

Property details

Year built
1968
Property type
Residential
Building type
Bungalow
Parking
6 spaces
Zoning
M-C1
MLS®
A2324087
Days on market
23

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

$209,980 (20%)

Base loan amount$839,920

$5,122 / month

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