775 130 AVE Southwest new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2W2C2
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,157 sqft
Price per Sqft $561
Subdivision Canyon Meadows
MLS Listing ID A2204801
Style Bungalow
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1975
Lot Size 5,941 Sqft
Acres 0.14
Property Sub-Type Detached
Property Description
Welcome to 775 130 Ave in highly sought after Canyon Meadows! Located a short walk from the transit station, and seconds to bus stops, this 5 bed, 2.5 bathroom property with detached double garage is a fantastic option for turnkey buy-and-hold investors as well as those looking for a mortgage helper. With $2400/mo rent + $300/mo utilities main level income (recently signed for another year) with market rent for non-conforming basement suites in the area at $1500/mo + utilities, this home has strong potential cash flow at 20% down. The basement will be vacant May 1 if there is desire to renovate and legalize, or if you wish to live in the property and save money on your mortgage, the main level tenants have been there for over 7 years without missing a month. There is also potential for redevelopment to build 4 townhomes thanks to the extra wide 57'x110' corner lot. Recent work includes roof (2018), furnace (2023), recent plumbing inspection with upgrades and remediation, fences less than 5 years ago, and new drywall and baseboards in the laundry room which will be completed in the next week. Stove on the main level will also be replaced prior to possession. Canyon Meadows is one of the most rentable communities in Calgary, with great road access, walking and biking paths, and fantastic transit access for tenants. This is a great opportunity to get into the Canyon Meadows rental market for well under recent market values in the area. Book your showing today!
Location
Province AB
County Calgary
Area Cal Zone S
Zoning R-CG
Direction N
Rooms
Basement Finished,Full,Suite
Interior
Interior Features No Smoking Home,Pantry,Separate Entrance,Storage,Track Lighting
Heating Forced Air
Cooling None
Flooring Carpet,Ceramic Tile,Laminate
Fireplaces Number 1
Fireplaces Type Wood Burning
Inclusions Uninstalled water softener
Appliance Dishwasher,Dryer,Electric Stove,Range Hood,Refrigerator,Washer
Laundry Common Area,In Basement
Exterior
Exterior Feature Awning(s),Barbecue,Covered Courtyard,Private Yard
Parking Features Double Garage Detached,Off Street,Parking Pad
Garage Spaces 2.0
Fence Fenced
Community Features Other,Park,Playground,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Awning(s),Covered,Patio
Lot Frontage 55.0
Total Parking Spaces 4
Building
Lot Description Back Lane,Back Yard,Corner Lot,Few Trees,Lawn
Dwelling Type House
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Vinyl Siding
Others
Restrictions None Known
Tax ID 95025866