I have listed a new property at 918 2 AVENUE NW in Calgary.
***MONEY MAKER****$3800/month of gross rent***Whether you are you planning to live here, rent out or develop - this is a solid investment! This turn of the century Victorian 2 storey home is laden with character. Nestled in the hub of Kensington where the bow river flows, coffee shops,restaurants; walking/biking abounds and only a short walk over to the downtown core this could be your next home. This unassuming home boasts 3 suites and is a fantastic income generator. The main and upper floor is one unit which comprises of 5 bedrooms, huge living room, a formal dining room a kitchen with a breakfast nook, 2 full bathrooms and laundry. It currently rents out for $2000 a month but why not live there and have the two basement suites(illegal) pay for your mortgage? As for the basement suites - the first one is a cozy 2 bedroom suite(illegal) generating $900 a month while the other 1 bedroom walk out basement suite(illegal) boasts large windows that over looks the compact mature backyard(rented out at $900/month). ***TOTAL GROSS RENT IS $3800/MONTH!!!! ***Call your favourite realtor NOW to book a private viewing!