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445 20 Ave Nw, Calgary, AB

House

Sold

$X
$589,000

334

MLS® A2091178

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1456 sqft
Garage No
Taxes $3,318
Lot Size 0.07 acres
Approx. Age 1913
Avg. Price Per Sqft $404
MLS® Number A2091178

Property Address: 445 20 Ave Nw, Calgary, AB, T2M1C5

Average square foot calculated using Size range provided by listing agent.

Description

RARE investment gem - 3 SEPARATE (SELF-CONTAINED) UNITS - **$3100+/ month rental income** prior to March 2020. Over 2000 sq.Ft. Of developed space. LOT SIZE: 25x125ft - with separate entrances & utilities (main + basement together, upper unit separate). Rent out, renovate or build new. Highly desirable inner city, downtown community of Mount Pleasant NW. MAIN FLOOR - 1 BR & 1 BA, traditional kitchen, dining room and living room configuration - move-in ready. Attractive income-generating option for UPPER UNIT after some renovations & updating - 1 BR & 1 BA, kitchen & living room - great AirBnB LOCATION, long term or short term rental. LOWER UNIT requires renovations with 1 BR & 1 BA, big window in bedroom, living space & kitchen. With some TLC & design creativity, this property has huge potential to be a great revenue generating investment, easily get your return on investment, offering incredible VALUE for an inner city downtown lot and home for $589, 000. In today's market, it is RARE to find 3 SEPARATE units at this price. Don't miss your opportunity to get into the investment market. POSSIBILITIES ARE ENDLESS: This configuration opens up various possibilities, including renting out all three units for a steady rental income, living in one unit while renting out the others, or utilizing the additional units for extended family members. The MAIN unit is traditionally configured with a cozy living room, character fireplace, a well-appointed traditional kitchen & dining room, a primary bedroom, and a full 4-pc bathroom. A large outdoor back deck to enjoy the warm summer months as well as an enclosed front lock off flexible sunroom to enjoy all year round. 2nd upper unit includes a living room, separate kitchen, large bedroom, character fireplace and a full bathroom. This unit is ideal for accommodating tenants or family members with its independent access. 3rd basement unit offers more flexibility. Includes a functional kitchen, living space, bedroom and full bathroom. The basement lock-off utility area also includes a SHARED washer & dryer. The property features a spacious backyard, potential for an oversized garage or CARRIAGE HOUSE (additional REVENUE income) can be built. POTENTIAL RENT pre-covid: Main = $1500, Upper = $1000, Basement = $600 Water tank replaced Oct 2015. Roof replaced June 2014. Mount Pleasant is a thriving community known for its strong property values and HIGH DEMAND for rental units. As the area continues to develop, this property's value is likely to appreciate, ensuring a sound investment for the future. Do not miss out on this opportunity.Show Description
MLS® NumberA2091178
Laundry LevelIn Basement
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age1913
BasementSeparate/Exterior Entry, Finished, Full, Suite
DrivewayAlley Access, Off Street, On Street, Outside, Parking Pad, Unpaved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Shed in yard is included.

Rooms

Show Details
Other:Main Floor6 × 19 ft
Other:Second Floor6.42 × 6.92 ft
Other:Second Floor11.17 × 11.67 ft
Living Room:Second Floor10.5 × 16.09 ft
Other:Second Floor10.5 × 11.67 ft
Other:Second Floor3.25 × 4.25 ft
Other:Lower Level3.09 × 8.67 ft
Other:Basement5.59 × 6.75 ft
Other:Lower Level8 × 10.92 ft
Other:Main Floor9.17 × 11.92 ft
Dining Room:Main Floor9.09 × 10.92 ft
Kitchen:Main Floor9.5 × 11.34 ft
Other:Main Floor3.67 × 6.84 ft

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