INVESTMENT OPPORTUNITY | LIVE UP, RENT DOWN | REDEVELOPMENT POTENTIAL!
An excellent opportunity for investors, first-time buyers, or homeowners looking to offset their mortgage with rental income! This property features a spacious 1,410 sq. ft. main floor with 3 bedrooms and a separate 1,200 sq. ft., 2-bedroom illegal basement suite, offering excellent flexibility for rental income or multi-generational living.
The main floor has been completely renovated, featuring an updated kitchen and bathroom, fresh paint, and newer flooring for a modern, move-in-ready feel. Additional highlights include newer windows and a separate washer and dryer on the main floor.
Enjoy an outstanding location directly across from a recreational facility, soccer field, and green space. Schools, public transit, major roadways, Deerfoot Trail, and downtown Calgary are all conveniently accessible.
THINKING ABOUT THE FUTURE? The property also offers potential redevelopment opportunities, subject to applicable City of Calgary zoning regulations and approvals.
Whether you choose to live upstairs and rent downstairs, rent out both levels, or explore future redevelopment possibilities, this property offers outstanding versatility, income potential, and a convenient location!
Essential information
MLS® number
A2355992
Status
Active
Price
$774,988
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
5
Bathrooms
2 full
Living area
1,411 sq ft
Lot size
5,414 sq ft
Year built
1955
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
RE/MAX Realty Professionals
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Flooring
Carpet, Ceramic Tile, Vinyl
Appliances
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Canadian semi-annual compounding, and the CMHC premium included where it applies — both of which most calculators get wrong.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
Monthly, all in—
Down payment
—
CMHC insurance added to the loan
—
Mortgage amount
—
Mortgage payment monthly
—
Property tax monthly
—
Condo fee and utilities monthly
—
Total interest over the full amortization
—
—
An estimate, not a mortgage quote and not financial advice. Your rate, your amortization and whether you qualify at all are a lender’s decision. Nothing typed here is sent anywhere or saved.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in homes in Calgary reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in homes comes up.
31 photos$829,9001432 Russet Road NE, Calgary
