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$700,000

5415 5 Street SW

Windsor Park, Calgary, Alberta

4 bed·2 bath·Detached·MLS® A2351377·Listed 1d ago

About this home

Prime opportunity for corner lot up/down duplex rental property with future development potential. This is an UP/DOWN DUPLEX (5415 and 5417 5 ST SW... 2 furnaces, 2 hot water tanks, 2 separate entries/unit) on a large corner lot in the rapidly developing and centrally located community of Windsor Park. This property is a 5 minute walk to Chinook Centre, Britannia Shopping Centre, and a short commute to DT. Each unit has been renovated with most newer windows, newer insulation, newer roof, and includes 2 large bedrooms for each unit, a 4 pc bathroom for each unit, spacious living room, great kitchens with dining area, and separate laundry/utility room up and down. Detached garage with ample parking space. OWNER PURCHASER could live in one unit and rent out the other - Excellent opportunity to get into Windsor Park and subsidize your mortgage with rental income possible to qualify for a larger mortgage. OR If you are a LANDLORD looking for an excellent and super solid rental property with ample parking at the rear on a large corner lot, each unit could rent out for approximately $2000/month. OR If you are BUILDER OR DEVELOPER…this is an excellent opportunity to capitalize on the city’s land use strategy for the area that has designated corner lots to be up-zoned to higher density (R-C2 to R-CG) plans for a 3 UNIT 3 BR TOWNHOME complex with TRIPLE GARAGE have already been completed. Please enquire for additional details. Incredible value for this area to live/rent and redevelop down the road or right now.... your choice! (id:66681)

Property details

Bedrooms
4
Bathrooms
2
Half baths
0
Year built
1959
Property type
Residential
Building type
Bi-level
Appliances
Washer, Refrigerator, Stove, Dryer, Hood Fan, Window Coverings
Parking
Detached Garage (1)
Zoning
R-CG
Community
Windsor Park
MLS®
A2351377
Days on market
1

Location

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Listing information last updated 6h ago. Provided by the listing brokerage via 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

$140,000 (20%)

Base loan amount$560,000

$3,415 / month

First payment: $2,533 interest, $882 principal