522 21 Avenue Nw, Calgary, Alberta T2S 0H1

$699,900
7
BD
7
BA
1,512
SqFt

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List Price
$699,900
Status
ACTIVE
MLS® #
A2286428
Days on Market
161
Year Built
1912
Style
2 Storey
Bedrooms
7
Total baths
7
SqFt
1,512
Area
Calgary
Community
Mount Pleasant

Property 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. 20% 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!

Additional Information

Basement Desc
Full
Heating
Forced Air, Natural Gas
Roof
Asphalt Shingle
Parking Desc
Off Street
Parking Spaces
2
Acres
0.07

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Calculator source: Real Geeks

Courtesy of TrustPro Realty.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .