522 21 Avenue NW, Calgary, T2S 0H1

Home Overview

Description

ATTENTION INVESTORS & OWNER-OCCUPIERS: Rare opportunity to acquire a high-yield, inner-city property designed for multiple use purposes. Whether you want a turn-key cash cow or a "live-in" investment where your tenants pay the entire mortgage, this Mount Pleasant home is the perfect fit. THE HIGHLIGHTS:7 BEDROOMS WITH 7 BATHROOMS. A truly rare configuration! You can rent the whole house or "live and rent" with good privacy. PRIME NEIGHBOURHOOD & EQUITY: Located in the heart of Mount Pleasant, a community known for its high-end new-build infills. You are investing in a prime area where property values are supported by significant local redevelopment. CASH FLOW: Currently generating approximately $5,000 per month in rental income. LOCATION: Minutes from SAIT, the University of Calgary, and Downtown. High demand from students and professionals ensures zero vacancy and consistent returns. FLEXIBLE FINANCING – MOTIVATED SELLER: The seller is highly motivated to sell for personal reasons and offering creative solutions to help you secure this asset: Vendor Take-Back (VTB) / Seller Financing available. Zero Down-Payment opportunities for qualified buyers. Stop paying a mortgage and start collecting one! Ask for details on these unique incentives. MECHANICAL & SAFETY (Low Maintenance) Major capital expenses have already been addressed: 2019: New Electrical Panel (100-amp) & New Hot Water Tank. 2011: Full Sewer Line replacement to the city. 2009: New Roof and Boiler system. SAFETY: Hard-wired smoke/CO detectors, fire-rated drywall in mechanical areas, and fire extinguishers installed. Don’t miss out on this rare Mount Pleasant gem. Book your private tour today!

66 days

On Market

Detached

Property Type

$3,229 / Year

Est. Taxes

2 Storey

Style

-

Garage

Full,Finished,None

Basement