$ 500.000

7002 54 Avenue Nw, Calgary

  • Bedrooms: 5
  • Bathrooms: 3
  • Living area: 976 square feet
  • Type: Duplex
  • Added: 3 days ago
  • Updated: 7 hours ago
  • Last Checked: 14 minutes ago
INVESTOR ALERT!! - This cash-flowing investment property in the sought-after community of Silver Springs is a must-see! Generating $3,300 per month in rental income, this 5-bedroom home is already rented room by room, making it a turnkey opportunity for savvy investors.The home features 3 bedrooms and a full bathrooms upstairs, plus a fully developed basement with 2 additional private suites with their own ensuites. The back suite is even plumbed for a self-contained unit, adding to the income potential. Shared laundry facilities are conveniently accessible for all tenants.Located on a quiet street, this property is close to shopping, parks, schools, and all the amenities NW Calgary has to offer. The home boasts 976 square feet on the main level and 800 square feet in the basement, providing ample space for tenants.Priced at $500,000 and well-maintained, this property offers immediate possession with the assumption of current tenants. Whether you're an experienced investor or just starting out, this is an excellent opportunity to own a cash cow in one of Calgary's most desirable neighborhoods.Don’t wait—book your showing today! (id:1945)
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Property DetailsKey information about 7002 54 Avenue Nw

  • Cooling: None
  • Heating: Forced air, Natural gas
  • Stories: 1
  • Year Built: 1975
  • Structure Type: Duplex
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Architectural Style: Bi-level
  • Property Type: Single-family home
  • Bedrooms: 5
  • Bathrooms: 3
  • Main Level Area: 976 square feet
  • Basement Area: 800 square feet
  • Price: $500,000

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full, Suite
  • Flooring: Laminate, Carpeted, Ceramic Tile
  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
  • Living Area: 976
  • Bedrooms Total: 5
  • Fireplaces Total: 1
  • Above Grade Finished Area: 976
  • Above Grade Finished Area Units: square feet
  • Room Rentals: Rented room by room
  • Upstairs Bedrooms: 3
  • Upstairs Bathrooms: 1
  • Basement Suites: 2
  • Basement Ensuites: 2
  • Shared Laundry Facilities: Yes

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 7002 54 Avenue Nw

  • Lot Features: No Animal Home, No Smoking Home
  • Lot Size Units: square meters
  • Parking Total: 1
  • Parking Features: Parking Pad, Other
  • Lot Size Dimensions: 322.00
  • Street Type: Quiet street
  • Condition: Well-maintained

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Street Dir Suffix: Northwest
  • Subdivision Name: Silver Springs
  • Community Features: Golf Course Development
  • Community: Silver Springs
  • Proximity To Amenities: Shopping: Close, Parks: Close, Schools: Close
  • Area: NW Calgary

Business & Leasing InformationCheck business and leasing options available at 7002 54 Avenue Nw

  • Rental Income: $3,300 per month
  • Income Potential: Back suite plumbed for self-contained unit

Property Management & AssociationFind out management and association details

  • Tenant Management: Current tenants in place

Utilities & SystemsReview utilities and system installations

  • Utilities: Not specified

Tax & Legal InformationGet tax and legal details applicable to 7002 54 Avenue Nw

  • Tax Lot: 1
  • Tax Year: 2024
  • Tax Block: 15
  • Parcel Number: 0020312963
  • Tax Annual Amount: 2857
  • Zoning Description: R-CG
  • Legal Status: Not specified

Additional FeaturesExplore extra features and benefits

  • Security Features: Smoke Detectors
  • Immediate Possession: Yes
  • Turnkey Opportunity: Yes
Room Dimensions
Type Level Dimensions
Living room Main level 11.83 Ft x 14.83 Ft
Kitchen Main level 6.00 Ft x 14.08 Ft
Dining room Main level 9.33 Ft x 9.83 Ft
Primary Bedroom Main level 9.83 Ft x 11.83 Ft
Bedroom Main level 8.92 Ft x 12.67 Ft
Bedroom Main level 8.83 Ft x 8.92 Ft
4pc Bathroom Main level .00 Ft x .00 Ft
Bedroom Basement 11.50 Ft x 15.67 Ft
3pc Bathroom Basement x
Bedroom Basement 11.33 Ft x 18.17 Ft
3pc Bathroom Basement x
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Additional Information about 7002 54 Avenue Nw

This Duplex at 7002 54 Avenue Nw Calgary, AB with MLS Number a2179986 which includes 5 beds, 3 baths and approximately 976 sq.ft. of living area listed on Calgary market by Jay Schultz - RE/MAX Real Estate (Mountain View) at $500,000 3 days ago.

We have found 6 Duplex that closely match the specifications of the property located at 7002 54 Avenue Nw with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 525,000 and 699,000.

The current price of the property is $500,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 18% down payment, the total amount borrowed would be $410,000. This would result in a monthly mortgage payment of $2,338 over a 25-year amortization period.

More Details?
Jay Schultz
  • Jay Schultz
  • RE/MAX Real Estate (Mountain View)
  • 403-815-1209
  • WebSite