Address
1527 42 Street SE Calgary, AB
Price
$ 320,000
Property Attributes
  • ML#A1079125
  • TypeSingle Family
  • CityCalgary
  • NeighbourhoodForest Lawn
  • Postal CodeT2A 1L7
  • StyleBungalow
  • Price$ 320,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX HOUSE OF REAL ESTATE
Data Source:
Canadian Real Estate Association
Property Description

ATTENTION INVESTORS | ILLEGAL UP + DOWN SUITE GENERATING $1950 PER MONTH WITH LONG TERM RENTERS | R-CG | 50 X 120' | This great investment, illegally suited, bungalow is within walking distance to shops, restaurants, schools and the new rapid transit line. This raised bungalow has been well-maintained with many upgrades over the years including a new garage roof (2015), new hot water tank (April 2018), new washer and dryer (February 2021). Spacious and bright offering 2 rental opportunities with separate entrances and already has tenants! The main floor features a ton of natural light, large bedrooms and since it is within walking distance to schools and has an oversized secluded yard, it is ideal for a growing family. The basement is private from the upstairs, making it optimal for another rental suite (illegal) and giving you the convenience of having two rental properties in one or mortgage helper. The garage is equipped with 220V wiring and can easily be rented separately. Extra parking is found on the driveway or plentiful on the street. 2 sheds, mature trees and established landscaping adorn the massive yard, privately nestled behind the fence and garage. The upstairs tenants lease is month to month at $1100.00 and the long term (since November 2012) downstairs tenants lease is up on October 31, 2021 with a current rent of $850.00. This unbeatable location provides easy access to downtown, Deerfoot Trail and is part of the Citys new redevelopment plan that includes the revitalization of International Avenue. This is your chance to get in on this increasingly desirable neighbourhood. (id:7434)

General Features

Ammenities Golf Course, Park, Playground, Recreation Nearby
Building Appliances Washer, Refrigerator, Stove, Dryer
Building Architectural Style Bungalow
Building Basement Features Suite
Building Cooling Type None
Building Type House
Community Features Golf Course Development
CommunityName Forest Lawn
Features See remarks, Back lane
Foundation Type Poured Concrete
More Information Link https://www.realtor.ca/real-estate/22911066/1527-42-street-se-calgary-forest-lawn
Property Type Single Family
Zoning Description R-CG

Interior Features

Basement Development Finished
Basement Type Full (Finished)
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Forced air
Construction Material Wood frame
Construction Style Attachment Detached
Flooring Type Hardwood, Linoleum

Exterior Features

Exterior Finish Metal
Fence Type Fence
Land Amenities Golf Course, Park, Playground, Recreation Nearby
Landscape Features Fruit trees, Landscaped
Parking Space Total 2

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T2A 1L7

Price
AVG $320K
$320K
Visits
AVG 87
15
Year Built
AVG 1957
1957