We have sold a property at 6236 18 STREET SE in Calgary.
Great investment opportunity. Green line (Lynnwood/Millican Station) will be build just 5-10 minute walk (estimated completion year is 2027) and a bus station will be right beside it. Convenient store and bus to chinook, downtown, grocery store is just a couple houses away. This is a really good location and is close to everything. With the green line and bus stations being built in just 4 years there's a high chance the price will skyrocket. Lot is also zoned R-C2, one of the cheapest areas, if not the cheapest in Calgary where neighbourhood is zoned R-C2. All bedrooms have egress windows and interconnected fire/carbon monoxide detectors. Furnace and water tank is about 3-4 years old. The cap rate on this rental is about 12.8%! We also offer a $20,000 cash back for renovations and remodeling if the offer to purchase is the full asking price.