65 days on Market

2122 5 St, Calgary, Alberta T2S 2B6

Detached
2
3
~1422.66 sqft
$769,000
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Detached
2
3
~1422.66 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$540/sqft

Est. Mortgage$3,303/mo

Tax Amount (2024)$4,394/yr

Days On Market65 days


Description

**Studio 2122 ** RARE & STYLISH MTL-STYLE BRICK DETACHED HOME l TURN-KEY INVESTMENT PROPERTY OFFERING** FULLY SET UP & READY TO RENT l CORNER LOT IN CLIFF BUNGALOW / MISSION l INCREDIBLE LOCATION l Sitting on a Prime corner lot, this home has been split into 2 illegal suites (upper + loft & main floor + basement) with both doors off 5 street. Complete with an upper deck and lower patio, driveway and corner yard laundry on both sides. Convenient / Amazing location - great property for a variety of living scenarios - Live up / Rent down (or vice versa) - perhaps a mature family that wants to live together but still have some separation, or for an investor who wants 6+ cap rate. (Generated over $85k in revenue in the last 1 year) Creative Vintage side - Main floor basement is currently set up as a Funky 1 bed 2 bath - and has been used as short term rental & photo shoot studio space. Basic Modern upper level is a 1 bed 1 bath + den and patio with downtown view. Very interesting urban space in an unbeatable trendy location. Sky's the limit with this property! This home has historic value, built in 1910 - the' Ernest S Leonard Residence' - a great representation of Queen Anne Revival Style architecture. *As per the City of Calgary website - this land although historic, is not legally protected or federally recognized* Unbeatable location on the same block as OEB, Master Gallery, Mercato & so much more - Move-In Ready & Renovated & Turn-key


Property Details

Style2 Storey
View-
Age of property1910
SqFt~1422.66 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2172713
Community NameCliff Bungalow
Data SourcePILLAR 9
Listing byRE/MAX House of Real Estate

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full,Suite

Upper Floor

Balcony

22`6" x 7`7"

Family Room

11`8" x 9`5"

Kitchen

11`2" x 10`9"

Bedroom

13`2" x 11`2"


Features

Patio: Balcony(s),Deck,Front Porch,Terrace

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by RE/MAX House of Real Estate, Brokerage
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Population and Demographics

Overview

Total population 1585
Average household income $151,721

Age (%)

20 to 34
43%
35 to 49
23%
50 to 64
15%
65 and plus
10%
0 to 19
8%

Household composition (%)

Single person
61%
Single family
31%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
84%
Spanish
3%
French
2%
Tagalog (Pilipino, Filipino)
2%
Others
2%
Mandarin
2%
Arabic
1%
Russian
1%

House tenancy (%)

Renters
68%
Owners
32%

Schools and amenities

Estimated Budget