PRIME INVESTMENT OPPORTUNITY with a LEGAL BASEMENT SUITE! This well-maintained bungalow offers strong income potential and flexibility for investors or homeowners alike. The LEGAL BASEMENT SUITE has been successfully operated as a short-term rental. Situated on a generous 5,758 SQ. FT. R-C2 ZONED LOT, this property also offers excellent FUTURE REDEVELOPMENT POTENTIAL. The home features approximately 939.58 sq. ft. above grade, with SEPARATE LIVING SPACES, UPDATED MECHANICALS, and RENOVATED INTERIORS throughout. The main floor includes a SPACIOUS KITCHEN with a breakfast bar, a large living area, 3 bedrooms and a 4-piece bathroom, SEPARATE LAUNDRY. The FULLY DEVELOPED LEGAL BASEMENT SUITE below offers its own PRIVATE ACCESS, kitchen, recreation room, 1 BEDROOM and a 3-PIECE BATHROOM, with laundry in the basement — ideal for short-term or long-term rental income. Outside, enjoy a patio, partially fenced back yard, back lane access, a SINGLE DETACHED GARAGE and a carport. Conveniently located close to downtown, transit, Deerfoot Trail, schools, parks, shopping, and Winston Golf Club, this property is a fantastic opportunity for CASH FLOW, a MORTGAGE HELPER, or future redevelopment.
Essential information
MLS® number
A2347696
Status
Active
Price
$649,900
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
Restrictive Covenant-Building Design/Size
Bedrooms
4
Bathrooms
2 full
Living area
940 sq ft
Lot size
5,758 sq ft
Year built
1956
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
PropZap Realty
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air
Flooring
Carpet, Linoleum
Appliances
Dryer, Electric Stove, Microwave, Refrigerator, Washer
Features
Breakfast Bar, Built-in Features, No Smoking Home
Fireplaces
0
Laundry
Common Area, In Basement
Basement
Full
Basement development
Finished
Included
2 Refrigerator, 2 Electric Stove
Exterior and construction
Features
Private Yard
Construction
Metal Siding , Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Back Lane, Back Yard, Lawn, Rectangular Lot
Frontage
15.22M 49`11"
Zoning
RC-2
Parking
Total parking
2
Garage spaces
2
Features
Carport, Single Garage Detached
Community
City
Calgary
Province
AB
Postal code
T2E 2K2
Features
Park, Schools Nearby
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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32 photos$599,0002029 Mountview Crescent NE, Calgary
