Property Details
522 21 Avenue NW
Calgary (A2286428)
Description
ATTENTION INVESTORS & OWNER-OCCUPIERS: Rare opportunity to acquire a high-yield, inner-city property designed for multiple use purposes. Whether you want a turn-key cash cow or a "live-in" investment where your tenants pay the entire mortgage, this Mount Pleasant home is the perfect fit.
THE HIGHLIGHTS:7 BEDROOMS WITH 7 BATHROOMS. A truly rare configuration! You can rent the whole house or "live and rent" with good privacy.
PRIME NEIGHBOURHOOD & EQUITY: Located in the heart of Mount Pleasant, a community known for its high-end new-build infills. You are investing in a prime area where property values are supported by significant local redevelopment.
CASH FLOW: Currently generating approximately $5,000 per month in rental income.
LOCATION: Minutes from SAIT, the University of Calgary, and Downtown. High demand from students and professionals ensures zero vacancy and consistent returns.
FLEXIBLE FINANCING – MOTIVATED SELLER: The seller is highly motivated to sell for personal reasons and offering creative solutions to help you secure this asset: Vendor Take-Back (VTB) / Seller Financing available. Zero Down-Payment opportunities for qualified buyers.
Stop paying a mortgage and start collecting one! Ask for details on these unique incentives.
MECHANICAL & SAFETY (Low Maintenance) Major capital expenses have already been addressed:
2019: New Electrical Panel (100-amp) & New Hot Water Tank.
2011: Full Sewer Line replacement to the city.
2009: New Roof and Boiler system.
SAFETY: Hard-wired smoke/CO detectors, fire-rated drywall in mechanical areas, and fire extinguishers installed.
Don’t miss out on this rare Mount Pleasant gem. Book your private tour today!
Property details
- MLS® #
- A2286428
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Mount Pleasant
- Price
- $699,900
- Sale/Lease:
- For Sale
- Size:
- 1,512 sq.ft.
- Bedrooms:
- 7
- Bathrooms:
- 7
- Year Built:
- 1912 (114 years old)
- Structure Type:
- House
- Building Style:
- 2 Storey
- Garage:
- No
- Parking:
- Off Street
- Fence:
- Fenced
- Basement:
- Full
- Features:
- No Animal Home, No Smoking Home
- Inclusions:
- N/A
- Appliances:
- Dryer, Electric Stove, Refrigerator, Washer, Window Coverings
- Laundry:
- In Basement
- Exterior Features:
- Playground
- Patio/Porch Features:
- None
- Nearby Amenities:
- Park, Playground, Schools Nearby
- Condo Amenities:
- None
- Lot Size:
- 0 acres
- Lot Features:
- Back Lane, Level, Rectangular Lot
- Zoning:
- R-CG
- Roof:
- Asphalt Shingle
- Exterior:
- Stucco,Wood Frame
- Floors:
- Hardwood, Tile
- Foundation:
- Poured Concrete
- Heating:
- Forced Air, Natural Gas
- Cooling:
- None
- Amenities:
- Park, Playground, Schools Nearby
- Possession:
- Negotiable
- Days on Market:
- 128
Basic Info
Building Info
Neighborhood Info
Condo/Association Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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