AB > Calgary > Banff Trail
Calgary, AB T2M 4C3,2632 Capitol Hill CRES NW
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Calgary, AB T2M 4C3,2632 Capitol Hill CRES NW
Calgary, AB T2M 4C3,2632 Capitol Hill CRES NW
Calgary, AB T2M 4C3,2632 Capitol Hill CRES NW
Calgary, AB T2M 4C3,2632 Capitol Hill CRES NW
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Ken Rigel

Ken Rigel

+1(403) 207-1748
$ 1,050,000
Est. payment /mo
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Price Dropped by $100K

2632 Capitol Hill CRES NW Calgary, AB T2M 4C3

6 Beds

4 Baths

2,459 SqFt

OPEN HOUSE

Sat Oct 19, 1:00pm - 3:00pm

UPDATED:

10/17/2024 06:20 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,459 sqft

Price per Sqft $427

Subdivision Banff Trail

MLS® Listing ID A2172809

Style 3 Storey

Bedrooms 6

Full Baths 3

Half Baths 1

Originating Board Calgary

Year Built 1982

Annual Tax Amount $4,559

Tax Year 2024

Lot Size 3,541 Sqft

Acres 0.08

Property Description

Open House 1-3pm Saturday, October 19, 2024. Prime Investment: Income-Generating Property. Discover a lucrative opportunity in Banff Trail, directly across from the University of Calgary. This recently R-CG zoned property boasts unbeatable proximity to the C-Train, schools, parks, hospitals, and shopping. The current owner has retired and is relocating. The extensively renovated home offers 3,571 square feet of finished living space across four levels, ideal for generating substantial rental income or accommodating a large family. The upper levels feature 4 oversized bedrooms, 3 full bathrooms, 2 dens, and ample storage. The lower level offers a 2-bedroom suite with oversized bedrooms, a full bath, and a separate entrance. The property is turnkey ready, featuring modern tiled bathrooms, a new 528 square feet double garage, a newly renovated exterior with a brand-new balcony and new decks, and a renovated basement with granite countertops. Newer appliances and roof provide peace of mind. Currently, each upstairs bedroom generates $1,050 a month in income, and each basement bedroom generates $950, providing a total annual income of $73,200. This represents about 6% yield on the house price. with significant potential for increased income as market rents rise. The astute investor can achieve semi or even full retirement upon purchase! Additionally, this large property can easily accommodate 2 more bedrooms to maximize rental income. Call today to schedule a viewing and secure this exceptional investment property.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning R-CG

Direction SW

Rooms

Other Rooms 1

Basement Finished, Full

Interior

Interior Features Ceiling Fan(s), No Animal Home, No Smoking Home, Open Floorplan, Pantry

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Hardwood, Stone, Vinyl

Fireplaces Number 3

Fireplaces Type Gas

Inclusions no

Appliance Dishwasher, Dryer, Garage Control(s), Oven, Refrigerator, Stove(s), Washer

Laundry Laundry Room

Exterior

Garage Double Garage Detached

Garage Spaces 2.0

Garage Description Double Garage Detached

Fence None

Community Features Schools Nearby, Shopping Nearby

Roof Type Asphalt Shingle

Porch Balcony(s), Deck

Lot Frontage 29.5

Parking Type Double Garage Detached

Total Parking Spaces 2

Building

Lot Description Rectangular Lot

Foundation Wood

Architectural Style 3 Storey

Level or Stories Three Or More

Structure Type Wood Frame

Others

Restrictions None Known

Tax ID 95034169

Ownership Private

Listed by Datong Property Management Ltd.

Ken Rigel

Team Lead

+1(403) 207-1748

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