As clean as they come! Prime opportunity for corner lot up/down duplex rental property with future development potential. Rental income in 2025 was $2000/mo up and $1800/mo down. Great cashflow! 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.
Essential information
MLS® number
A2351377
Status
Active
Price
$699,000
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
4
Bathrooms
2 full
Living area
1,064 sq ft
Lot size
4,499 sq ft
Year built
1959
Structure
House
Style
Bi-Level
Levels
Bi-Level
Listing brokerage
Greater Calgary Real Estate
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air
Flooring
Carpet, Laminate, Tile
Appliances
Dryer, Electric Stove, Range Hood, Refrigerator, Washer, Window Coverings
Features
See Remarks
Fireplaces
0
Laundry
In Unit
Basement
Full
Basement development
Finished
Included
All appliances x2 (1 up, 1 down) except no washing machine downstairs
Exterior and construction
Features
Other
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
See Remarks
Frontage
11.43M 37`6"
Zoning
R-CG
Parking
Total parking
1
Garage spaces
1
Features
Single Garage Detached
Community
City
Calgary
Province
AB
Postal code
T2V 1A7
Features
Other
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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24 photos$779,000431 53 Avenue SW, Calgary
