Wow!……Is all one can say! Just listed is is a very RARE opportunity!!! Attention all developers and or investors or someone who would like to have supplemental income to subsidize their mortgage payments…here’s a remarkable find!!! Welcome to a very large and spacious 1,382sqft, total of four bedroom Bilevel, on a massive 53×120 R-C1 lot in the heart of Montgomery. Montgomery is one of the most progressive re-building infill areas in all of northwest Calgary!! The lower level is an illegal, self contained and spacious 1,067sqft two bedroom suite, c/w large windows, featuring a separate walk out entrance, includes two f/a furnaces, and two h/w tanks.*** Here’s the bonus!*** There is also a massive triple car garage, plus two additional parking stalls front and back! The interior of the house requires some cosmetic TLC but well worth the effort. The current tenants have resided there for 24 plus years and the rents are low. The rents as of May 1, 2024 will be, upstairs $1,125/month plus utilities, the lower rent is $850/month plus utilities. Both tenants are on a month to month tenancy. The utilities are paid by the landlord and are reimbursed by the tenants. The seller would like to disclose there was a flood in the lower level a number years ago caused by a city water main break but everything was repaired. A very quiet location, a short walk to Shouldice park and pool, a short walk to the Bow river and Bowmont off leash park. Close to all amenities, easy access west to the mountains and a short commute to downtown. This is a fantastic holding property for future development or to live in and subsidize your mortgage payments. Hurry on this one, it won’t last long!!!
Property Details
Price:
$689,900
MLS #:
A2124748
Status:
Pending
Beds:
4
Baths:
3
Address:
5220 19 Avenue NW
Type:
Single Family
Subtype:
Detached
Subdivision:
Montgomery
City:
Calgary
Listed Date:
Apr 23, 2024
Province:
AB
Finished Sq Ft:
1,382
Postal Code:
302
Lot Size:
6,393 sqft / 0.15 acres (approx)
Year Built:
1958
Schools
Interior
Appliances
Dishwasher, Electric Stove, Refrigerator
Basement
Finished, Partial, Suite, Walk- Up To Grade
Bathrooms Full
2
Bathrooms Half
1
Laundry Features
In Unit, Laundry Room, Main Level
Exterior
Exterior Features
Private Entrance, Private Yard
Lot Features
Back Lane, Back Yard, Landscaped, Rectangular Lot, Treed
Outbuildings
Shed
Parking Features
Oversized, Triple Garage Detached
Parking Total
5
Patio And Porch Features
None
Roof
Asphalt Shingle
Financial
Map
Contact Us
Mortgage Calculator
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