5415 5 Street Sw, Calgary, Alberta T2V 1A7

$700,000
4
BD
2
BA
1,064
SqFt

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List Price
$700,000
Status
ACTIVE
MLS® #
A2351377
Days on Market
1
Year Built
1959
Style
Bi-Level
Bedrooms
4
Total baths
2
SqFt
1,064
Area
Calgary
Community
Windsor Park

Property Description

Prime opportunity for corner lot up/down duplex rental property with future development potential. This is an UP/DOWN DUPLEX (5415 and 5417 5 ST SW... 2 furnaces, 2 hot water tanks, 2 separate entries/unit) on a large corner lot in the rapidly developing and centrally located community of Windsor Park. This property is a 5 minute walk to Chinook Centre, Britannia Shopping Centre, and a short commute to DT. Each unit has been renovated with most newer windows, newer insulation, newer roof, and includes 2 large bedrooms for each unit, a 4 pc bathroom for each unit, spacious living room, great kitchens with dining area, and separate laundry/utility room up and down. Detached garage with ample parking space. OWNER PURCHASER could live in one unit and rent out the other - Excellent opportunity to get into Windsor Park and subsidize your mortgage with rental income possible to qualify for a larger mortgage. OR If you are a LANDLORD looking for an excellent and super solid rental property with ample parking at the rear on a large corner lot, each unit could rent out for approximately $2000/month. OR If you are BUILDER OR DEVELOPER…this is an excellent opportunity to capitalize on the city’s land use strategy for the area that has designated corner lots to be up-zoned to higher density (R-C2 to R-CG) plans for a 3 UNIT 3 BR TOWNHOME complex with TRIPLE GARAGE have already been completed. Please enquire for additional details. Incredible value for this area to live/rent and redevelop down the road or right now.... your choice!

Additional Information

Basement Desc
Full
Heating
Forced Air
Roof
Asphalt Shingle
Garage
Yes
Parking Desc
Single Garage Detached
Parking Spaces
1
Acres
0.10

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Calculator source: Real Geeks

Courtesy of Greater Calgary Real Estate.

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