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.
Essential information
MLS® number
A2326450
Status
Active
Price
$479,500
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
6
Bathrooms
2 full
Living area
1,013 sq ft
Lot size
4,606 sq ft
Year built
1996
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
CIR Realty
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Flooring
Hardwood, Laminate
Appliances
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Features
No Animal Home, See Remarks
Fireplaces
0
Laundry
In Basement, Laundry Room
Basement
Full
Basement development
Finished
Included
hot tub ( please read remarks)
Exterior and construction
Features
Built-in Barbecue, Fire Pit, Other, Private Yard
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Back Lane, Back Yard, Gazebo, Landscaped, Low Maintenance Landscape
Frontage
7.62M 25`0"
Zoning
R-CG
Parking
Total parking
3
Features
Off Street, RV Access/Parking
Community
City
Calgary
Province
AB
Postal code
T2C 4M3
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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20 photos$529,0001611 Olympia Drive SE, Calgary
