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Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$5,537 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.