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Karla Linares

hello@karlalinares.ca +1(403) 966-7705

$ 650,000

Est. payment -/mo

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775 130 AVE Southwest Calgary, AB T2W2C2

5 Beds

3 Baths

1,157 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,157 sqft

Price per Sqft $561

Subdivision Canyon Meadows

MLS® Listing ID A2204801

Style Bungalow

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1975

Lot Size 5,941 Sqft

Acres 0.14

Property Sub-Type Detached

Property Description

Welcome to 775 130 Ave in highly sought after Canyon Meadows! Located a short walk from the transit station, and seconds to bus stops, this 5 bed, 2.5 bathroom property with detached double garage is a fantastic option for turnkey buy-and-hold investors as well as those looking for a mortgage helper. With $2400/mo rent + $300/mo utilities main level income (recently signed for another year) with market rent for non-conforming basement suites in the area at $1500/mo + utilities, this home has strong potential cash flow at 20% down. The basement will be vacant May 1 if there is desire to renovate and legalize, or if you wish to live in the property and save money on your mortgage, the main level tenants have been there for over 7 years without missing a month. There is also potential for redevelopment to build 4 townhomes thanks to the extra wide 57'x110' corner lot. Recent work includes roof (2018), furnace (2023), recent plumbing inspection with upgrades and remediation, fences less than 5 years ago, and new drywall and baseboards in the laundry room which will be completed in the next week. Stove on the main level will also be replaced prior to possession. Canyon Meadows is one of the most rentable communities in Calgary, with great road access, walking and biking paths, and fantastic transit access for tenants. This is a great opportunity to get into the Canyon Meadows rental market for well under recent market values in the area. Book your showing today!

Location

Province AB

County Calgary

Area Cal Zone S

Zoning R-CG

Direction N

Rooms

Basement Finished, Full, Suite

Interior

Interior Features No Smoking Home, Pantry, Separate Entrance, Storage, Track Lighting

Heating Forced Air

Cooling None

Flooring Carpet, Ceramic Tile, Laminate

Fireplaces Number 1

Fireplaces Type Wood Burning

Inclusions Uninstalled water softener

Appliance Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer

Laundry Common Area, In Basement

Exterior

Exterior Feature Awning(s), Barbecue, Covered Courtyard, Private Yard

Parking Features Double Garage Detached, Off Street, Parking Pad

Garage Spaces 2.0

Fence Fenced

Community Features Other, Park, Playground, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Awning(s), Covered, Patio

Lot Frontage 55.0

Total Parking Spaces 4

Building

Lot Description Back Lane, Back Yard, Corner Lot, Few Trees, Lawn

Dwelling Type House

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Vinyl Siding

Others

Restrictions None Known

Tax ID 95025866

Listed by CIR Realty

Karla Linares

REALTOR

+1(403) 966-7705

Karla Linares

775 130 AVE Southwest Calgary, AB T2W2C2

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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775 130 AVE Southwest