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$499,500

2714 74 Avenue SE

Ogden, Calgary, Alberta

6 bed·2 bath·Detached·MLS® A2326450·7d ago

About this home

Excellent investment opportunity in Ogden with strong rental income potential! This spacious 6-bedroom bungalow offers approximately 1,718.9 sq. ft. of total finished living space, including a fully developed basement with 3 additional bedrooms, a full bathroom, and egress windows. The main floor features 3 bedrooms, a full bathroom, and the primary kitchen, providing a functional layout for shared accommodation or a large family.Currently generating approximately $3,100/month in rental income with 5 of 6 rooms occupied, this property offers potential to increase income to approximately $3,700/month when fully rented *. The home is located near the future Green Line LRT, adding long-term growth potential and convenience for tenants.The property includes a large backyard, an additional side entrance, and a flexible layout with potential for future customization (subject to City requirements and permits). An excellent opportunity for investors looking for an income-producing property in a growing Calgary community. (id:66681)

Property details

Bedrooms
6
Bathrooms
2
Half baths
0
Year built
1996
Property type
Residential
Building type
Bungalow
Appliances
Refrigerator, Dishwasher, Stove, Washer & Dryer
Parking
Other, RV (3)
Zoning
R-CG
Community
Ogden
MLS®
A2326450
Days on market
51

Location

Listing information last updated 7d 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

$99,900 (20%)

Base loan amount$399,600

$2,437 / month

First payment: $1,808 interest, $629 principal