2029 & 2031 35 Street SW
Calgary, Alberta
MLS® A2334415
$1,190,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2334415
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1958
1 / 52Listing description
Full-duplex investment opportunity in the established inner-city community of Killarney/Glengarry! Offered for sale as one property, 2029 and 2031 35 Street SW provide approximately 1,995 sq. ft.
above grade, with both sides developed into two living spaces for a total of four units. Each bright upper residence offers two bedrooms, one full bathroom, a spacious living and dining area, a functional kitchen and in-suite laundry. Character details include hardwood flooring, generous windows and distinctive wood-plank ceilings with exposed beams.
The lower levels are each arranged as an illegal one-bedroom suite, complete with a kitchen, full bathroom, living area, laundry, storage and a generously sized bedroom. With six bedrooms, four bathrooms, four kitchens and four laundry areas in total, the property offers excellent flexibility for investors, multi-generational households or buyers looking to occupy one unit while generating rental income from the others. Three of the four units are currently tenant occupied, providing immediate rental income from possession, while the vacant unit offers flexibility for an owner-occupier or new tenant placement.
This established rental configuration creates an appealing opportunity for investors seeking a largely turnkey income property without starting from an entirely vacant building. Situated on an approximately 15. 29 x 36.
54 metre lot, or approximately 50 x 120 feet, with rear-lane access. The property may also offer future redevelopment or subdivision potential, subject to buyer verification and municipal approval. Located on a mature residential street with convenient access to transit, shopping, schools, parks, major routes and downtown Calgary.
An outstanding opportunity to hold, rent, renovate or explore future redevelopment potential in a desirable inner-city community.
Property summary
- MLS® number
- A2334415
- Property type
- Multi-family
- Square footage
- 1,995 sq ft
- Title
- Freehold
- Land size
- 556 square meters
- Built in
- 1958
- Annual property taxes
- $5,728.00
- Parking
- 4 spaces · Parking Pad
- Days on market
- 41 days
Features & details
- Heating
- Forced air
- Cooling
- None
- Basement
- Finished, Full, Separate entrance, Suite
- Flooring
- Hardwood, Laminate, Linoleum
- Appliances
- None
- Exterior features
- Stucco
- Lot features
- Back lane
- Architectural style
- Bi-level
What would this home cost you?
Based on the $1,190,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Complete Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.