I have listed a new property at 2476 22 STREET SE in Calgary.
Investor alert! A hard-to-find bungalow, on a great big lot, close to the city center with a legal basement suite and a triple car garage! Move in and let the legal suite pay off your off mortgage or rent out both suites and the garage - either way, it's a win. The main floor has previously rented for $1150 per month - The basement suite was previously rented for $1050 per month and the garage currently rents out for $400 per month. This home was totally renovated and rebuilt (including all permitting) with separate laundry, separate heat and water and 2 complete and separate yard spaces. The top floor has a large kitchen, living room, 4-piece bathroom and big bedroom. The legal basement suite was literally just completely redone - fresh flooring, fresh paint, new counter tops and more! A generous kitchen, another 4-piece bathroom, living room and giant bedroom make it an easy rental or perfect mother in law suite. Outback, an oversized 3 car garage to use as your own or as yet another income stream. All of this sits on a huge lot measuring to almost 6000 square feet. REIN members take note - this property was built to be a durable, extremely rentable, and low low maintenance asset. Don't wait to see it!
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I have listed a new property at 7012 22a STREET in Calgary.
-- LISTING IS FOR BOTH SIDES OF DUPLEX – With 10% down you can rent out one legal suite and live in the other legal suite for under $800 per month! Plus, you can use the rental income toward your mortgage qualifying ratios! This property offers 4 potential income streams and currently generates $3100 per month of income. 2 complete 989 square foot legal living units, a rentable single car garage and a rentable double car garage. Currently one legal suite rents by itself, the single car garage is rented out separately and the second legal suite is rented (at a premium) including use of the double car garage. Both legal units were renovated and updated with permits. Each legal unit features an open concept main floor with large living room, kitchen and laundry. Head upstairs to the master and second bedroom and full bathroom. Out back is a covered patio, full size shed (on a poured concrete foundation) and fenced yard - with dog run! These are both well maintained legal units in excellent condition.
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