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Descriptions:
Prime investment opportunity in Elboya! This raised bungalow with a legal walk-out suite offers dual rental income in one of Calgary’s most sought-after locations. The main floor features 2 spacious bedrooms, a 4 piece bathroom, a bright living room, dining area and a well-appointed kitchen. While the legal suite downstairs offers an additional 2 bedrooms, 4 piece bathroom, and full kitchen—each unit with its own private entrance. Common areas include a large utility room equipped with 2 furnaces, 2 hot water tanks and shared laundry. Tenants split utilities, reducing ownership costs, and both leases are set to renew in June. The tenants have expressed interest in extending their stay with a modest rent increase, ensuring immediate and stable cash flow for the new owner. Recent upgrades include new egress windows in basement bedrooms, updated LVP flooring, hardwired smoke and CO detectors, a sprinkler system in common areas, new alarm bells, furnace cleaning, and yard enhancements. The property sits on a 50’ x 120’ R-CG lot with a large, private yard, mature trees, back alley access, and a parking pad that along with the front driveway can fit up to 6 vehicles. Located minutes from downtown, the C-Train, Chinook Mall, parks, stores and amenities. If you are looking for a home to live in and offset your ownership cost by renting out the legal suite - this is the right one for you. This property also presents a compelling opportunity for investors seeking a stable income stream in one of Calgary's most desirable neighborhoods with robust rental demand.
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Status: |
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Active
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Includes: |
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Refrigerator (s) |
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Site Influences: |
Back Lane, Back Yard, Few Trees, Sloped |
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Legal Description: |
ACCESS Legal Description |
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Location & Listing Info: |
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Lot Size: |
0.14
sq.ft.
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Lot Shape: |
Back Lane,Back Yard,Few Trees,Sloped |
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Property Info: |
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Property Type: |
Residential Detached Single Family |
Home Style: |
Bungalow |
Year Built: |
1955 |
Total Floor Area: |
1,048 sq. ft. |
Brokerage: |
eXp Realty |
Construction Type: |
Stucco,Wood Frame,Wood Siding
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Front Exposure: |
E
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Exterior: |
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Exterior: |
Stucco, Wood Frame, Wood Siding |
Construction: |
Stucco,Wood Frame,Wood Siding |
Frontage: |
15.06M 49`5" |
Front Exposure: |
E |
Roof: |
Asphalt Shingle |
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Rooms: |
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Total Bedrooms: |
4
(Bedrooms Above: 2)
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Bathrooms: |
Full: 2
/ Half: 0
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Rooms Above: |
5 |
Ensuite: |
No
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Parking Plan Type: |
Off Street,Parking Pad
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Garage: |
0
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Additional Info: |
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Heating: |
Forced Air |
Basement: |
Finished, Full |
Basement Type: |
Finished, Full |
Floor Finish: |
Linoleum, Vinyl, Wood |
Fireplace Details: |
For Sale |
Parking: |
Off Street, Parking Pad |
Total Parking: |
6
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Restrictions: |
Contact for Restrictions |
Heating Type: |
Forced Air
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Heating Fuel: |
Forced Air
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Restrictions: |
None Known
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Contact Josie Kirkpatrick -
5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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