INVESTMENT ALERT! THREE LEGAL RENTAL SUITES, UPDATED SIDE-BY-SIDE DUPLEX! CORNER REDEVELOPMENT LOT OVERSIZED DOUBLE GARAGE! Over 3600 sqft of developed space with 8 bedrooms and 2 Dens! Whether you’re looking for a mortgage helper or an income-generating
investment property with one side bringing in $3450 and extra income potential for a full additional side! This unique property in Albert Park offers an excellent combination of
rental income potential, extensive recent upgrades, and future redevelopment
potential. Situated on an impressive 50’ x 120’ corner lot on a desirable street, the property
features a double detached garage, separate basement entrances, and three legal living spaces. One side offers a full bi-level home, ideal for an owner-occupant looking to offset their
mortgage with rental income, while the other features an upper-level residence and a legal
basement suite, providing multiple income opportunities. The property has undergone over
$100,000 in recent renovations and improvements, offering added value and peace of mind for
the next owner. The interiors feature modern, refreshed living spaces with contemporary
finishes throughout all three units. Updates include modern wide-plank luxury vinyl flooring,
fresh paint, updated lighting and window coverings, two new high-efficiency furnaces, two new
hot water tanks, numerous replacement windows, and added attic insulation.
Numerous additional interior improvements further enhance the overall appeal. Numerous exterior improvements have also been completed, enhance the property’s curb appeal and functionality.
Conveniently located with quick access to downtown, major roadways, transit, and everyday amenities, this is an excellent opportunity for investors
seeking rental income, homeowners looking for a mortgage helper, or buyers exploring the
long-term potential of a large corner lot in an established inner-city community. With three
legal rental suites, modern updated interiors, substantial recent upgrades, and future
redevelopment potential, this property offers exceptional versatility for both investors and
owner occupants alike!
Essential information
MLS® number
A2352774
Status
Active
Price
$975,000
Property type
Multi-Family
Type
Full Duplex
Transaction
For Sale
Restrictions
See Remarks
Living area
1,932 sq ft
Lot size
6,006 sq ft
Year built
1974
Structure
Duplex
Style
Attached-Side by Side, Bi-Level
Levels
Bi-Level
Listing brokerage
The Real Estate District
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air
Flooring
Laminate, See Remarks
Features
Built-in Features, Laminate Counters, Open Floorplan, See Remarks, Storage
Fireplaces
0
Laundry
In Unit
Basement
Other
Basement development
Finished
Included
3 REFRIGERATORS, 3 STOVES, 2 WASHERS, 3 DRYERS, 3 DISHWASHERS, 3 HOODFANS, GARAGE OPENER WITH REMOTE (S)
Exterior and construction
Features
Other, Private Entrance, Private Yard, Storage
Construction
Brick, Concrete, See Remarks
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Back Lane, Back Yard, Corner Lot, Few Trees, Front Yard, Landscaped, Lawn, Near Public Transit, Near Shopping Center, See Remarks
Zoning
R-C2
Parking
Total parking
2
Garage spaces
2
Features
Common, Double Garage Detached, Garage Door Opener, Insulated, Public Parking, See Remarks
Community
City
Calgary
Province
AB
Postal code
T2A0E3
Features
Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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48 photos$1,299,90014 Rosetree Crescent NW, Calgary
