Attention Builders or Investors: Exceptional Investment Opportunity with a Legal Basement Suite in Desirable Bowness. this property presents an enticing blend of comfort, revenue, and location, generating over $4,000 in monthly revenue. The City of Calgary has granted legal status to the east side basement suite, providing peace of mind for investors. This separate legal suite offers a self-contained living space for additional rental income or extended family living. The property has undergone upgrades including updated kitchens, floorings, and bathrooms. You'll find brand-new tubs and beautifully tiled showers that add a touch of luxury to the space. The lot is generously sized with ample outdoor space for potential expansion, gardening, or simply enjoying the outdoors. Nature enthusiasts will be delighted to know that this property is conveniently located close the Bow River Pathway and breathtaking Rocky Mountains. Explore hiking trails, ski resorts, and the great outdoors, just a short drive away. In addition, there are many amenities nearby, including schools, shopping centers, restaurants, and public transportation, within easy reach. Bowness offers a vibrant and welcoming community. With updated interiors and stable tenants in place, you can invest with confidence. Whether you're a seasoned investor or just starting, this property offers the best of both worlds providing immediate rental income without the hassle of finding occupants. This property is a unique opportunity to invest in a home that generates substantial income, thanks to its legal basement suite and desirable location.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
15 Days / Neg
Suite:
Suite - Legal
Home Style:
Bungalow
Total Living Area:
1,218 sq. ft.113.16 m2
Main Level Finished Area:
1,218 sq. ft.113.16 m2
Below Grade Finished Area:
662 sq. ft.61.5 m2
Taxes:
$2,977 /
2023
Tax Assessed Value:
453000.0
Lot Area:
5,995 sq. ft.556.95 m2
Lot Frontage:
49'11"15.222 m
Front Exposure:
North
Unit Exposure:
North
Floor Location:
Below Grade
Levels:
One
Total Rooms Above Grade:
7
Year built:
1960
(Age: 63)
Bedrooms:
4
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Bathrooms:
3.0
(Full:3, Half:0)
Plan:
5140AM
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Full, Suite
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate, Tile
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached, Off Street
Parking Places:
4.0
Parking Total/Covered:
4 /
-
Laundry Features:
In Basement, Main Level
Bowness
Dishwasher, Garage Control(s), Gas Range, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Washer/Dryer Stacked
N/A
None Known
Floor
Type
Size
Other
Main Floor
Living Room
15'4"4.67 m × 13'4"4.06 m
Main Floor
Kitchen
14'8"4.47 m × 10'6"3.20 m
Main Floor
Dining Room
13'10"4.22 m × 10'10"3.30 m
Main Floor
Bedroom - Primary
13'6"4.11 m × 9'8"2.95 m
Main Floor
Bedroom
9'6"2.90 m × 7'8"2.34 m
Main Floor
Sunroom/Solarium
10'2"3.10 m × 9'6"2.90 m
Main Floor
Bedroom
10'10"3.30 m × 9'6"2.90 m
Basement
Kitchen
8'4"2.54 m × 7'2"2.18 m
Basement
Living/Dining Room Combination
17'6"5.33 m × 8'10"2.69 m
Basement
Kitchen
8'3"2.51 m × 8'2.44 m
Basement
Living Room
15'10"4.83 m × 14'3"4.34 m
Basement
Bedroom
12'8"3.86 m × 7'3"2.21 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'10" x 5'10"
Basement
No
3
6'3" x 6'
Basement
No
3
7'4" x 3'4"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
No Animal Home, No Smoking Home
Exterior Features:
Private Yard
Patio And Porch Features:
Patio
Lot Features:
Back Lane, Back Yard, City Lot, Fruit Trees/Shrub(s), Landscaped, Level, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone NW
Zoning:
R-C2
Listed Date:
Sep 17, 2023
Days on Mkt:
6
Photo 1 of 39
Main Suite Dining Room
Main Suite Dining Room
Main Suite Living Room
Main Suite Living Room
Main Suite Living Room view to Kitchen and Dining Room
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