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$649,900 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
US — Urban Services
$ / SF
—
Occupancy
88%
Year Built
1960
Lot Size
0.11193870523415979 ac
Located in sought-after West Hillhurst, this up-and-down duplex offers an exceptional inner-city opportunity, with flexibility to rent both the upper and lower living areas or live in one and rent the other. Each living area has its own private entrance and full kitchen, with two bedrooms upstairs and one downstairs. Both living areas are vacant, allowing for immediate possession. Set on a 37.5' x 130' R-C2 lot, the property features a large, fully fenced backyard, a large back deck, and a detached double garage with rear lane access. The R-C2 zoning and lane access add appeal from a future site-planning perspective. The front deck and railings have been recently updated, the main floor and basement both have brand-new flooring, and the entire property has been freshly repainted. A grocery store is nearby on Kensington Road, along with Kensington’s independent shops, cafes and restaurants. Queen Elizabeth School and Queen Elizabeth High School are nearby, as is the West Hillhurst Community Association, offering an arena, gymnasium, fitness centre, squash, tennis and pickleball facilities. The Bow River pathway system and Sunnyside CTrain Station are also close by, with convenient access to downtown Calgary and Foothills Medical Centre. (id:66811)
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Monthly debt service
$3K
Projected NOI
$43K
Annual cash flow
$7K
Cash-on-cash
3.42%
DSCR
1.19
Going-in cap
6.57%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
143,261
Households
63,274
Median income
$80,000
Median age
45.5
Daytime population
212,224
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2111 5 Avenue NW, Calgary.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.