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Jencor Mortgage Corporation
MLS®#: C4161742 $899,900 601 ROYAL Avenue SW CALGARY AB T2S 0G1
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Description: Price Reduced, GREAT VALUE + CASH FLOW. A well-established 6 Suite building in the heart of Cliff Bungalow, one of Calgary's lowest vacancy and highest rent districts. Located on a 43X116 corner lot with MCG d72 zoning, this property has both cash flow and development potential. Character property with high ceilings, fireplaces, full bathrooms, separate entrances, and FULL PARKING. The suite mix is 2 1-Bedrooms + lofts (rent as 2 bedrooms), 2 1-Bedrooms, and 2 Bachelor Suites. The property has been kept in excellent shape and suites have been upgraded. Infrastructure updates include: newer windows, upgraded heating and electrical systems (individual meters). Within a few minutes' walk to downtown, Cliff Bungalow is a vibrant Inner City community that boasts boutique shops, restaurants, grocery stores, and easy access to the Elbow River Valley. Extremely popular among renters.
Property Type:
DETACHED
Area:
Calgary
Square Feet:
2657
Bedrooms:
4
Full Bathrooms:
6
Total Bathrooms:
6
Year Built:
1910
Age:
108
Basement:
Full - Fully Finished
County:
Alberta
Total Rooms:
12
Taxes:
$5,814.00
Tax Year:
2017
Exterior:
Wood Shingle
Heat:
Natural Gas - Hot Water
Roof:
Asphalt Shingles
Style:
2 and Half Storey
Zoning:
Zone CC
Ownership:
Private
Community Name:
Cliff Bungalow
FEATURES: Basement