pillar/IMG-A2190499_1.jpg
37 days on Market

2236 47 St, Calgary, Alberta T2B 1L6

Detached
3 + 1
4
~1054.00 sqft
$524,900
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Detached
3 + 1
4
~1054.00 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$498/sqft

Est. Mortgage$2,254/mo

Tax Amount (2024)$2,802/yr

Days On Market37 days


Description

This detached home will be of interest to new Investor looking to increase their number of retal units. This home has good Cash Flow for investors and first time owner with interest in getting experience and involvement in Real Estate Rental business. the long term existing tenants are willing to stay and new owners might take immediate possession if the Buyer assumes existing tenants.. The four separate living units in this grande fathered Non conforming illegal units generates good monthly revenue and has potential for more, should the rent be adjusted to current monthly rent of similar suites in the city. There are One Two-Bedroom and One Bachelor suites on the Mainfloor and the basement has One One-bedroom and One Bachelor suites. Every suite has one 4-piece bathroom. three suites has full functional kitchens with fridge and stoves. Other features of the property, with Southwest facing frontage are paved two RV Parking stall which may be coveeted to Four Cars parling stalls. The backyard is dominated with a massive Garage/Workshop that boasts a 10 foot Single garage door, a second floor Office/Mezzani that was once an Upholstry?Antique Furniture workshop. The potential for more income generation is huge with some TLC ; to take care of some deferred maintenance that exist in the property.


Property Details

StyleAttached-Up/Down,Bungalow
View-
Age of property1959
SqFt~1054.00 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2190499
Community NameForest Lawn
Data SourcePILLAR 9
Listing byElephant Realty Services

Features

Heating: Mid Efficiency,Forced Air,Hot Water,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full,Suite,Walk-Up To Grade

Basement Floor

Kitchen With Eating Area

15`5" x 14`7"

Kitchenette

14`5" x 10`5"

Family Room

16`6" x 12`4"

Bedroom

9`7" x 9`5"


Parking

Garage spaces 1

Garage type -

Other parking spaces 4

Total parking spaces 5


Property History

Jan 26, 2025
ListedActive
$524,900
37 days on market
history photo preview38
Listing by pillar®
Property listed by Elephant Realty Services, Brokerage
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Population and Demographics

Overview

Total population 7270
Average household income $80,302

Age (%)

50 to 64
24%
0 to 19
23%
35 to 49
21%
20 to 34
20%
65 and plus
13%

Household composition (%)

Single family
50%
Single person
35%
Multi person
15%
Multi family
1%

Mother tongue (%)

English
72%
Vietnamese
7%
Tagalog (Pilipino, Filipino)
6%
Others
4%
Arabic
4%
Spanish
2%
French
1%

House tenancy (%)

Renters
62%
Owners
38%

Schools and amenities

Estimated Budget