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by Diane Richardson
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Contact Diane Richardson
Phone: 403.397.3706
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1818 42 Street SE
Calgary
T2B 1E9
$609,900
Residential
beds: 4
baths: 2.0
1,798 sq. ft.
built: 1957
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2142505
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1957
- Photos (38)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Welcome to your next investment opportunity in Calgary's vibrant Forest Lawn neighborhood! This dual tenancy, single-family dwelling presents a compelling proposition for savvy investors looking to capitalize on a robust rental market and future development potential.
Situated on a generous 493 sq meter lot with M-C1 zoning (soon to be R-CG with City of Calgary zoning changes), this property is currently fully rented, generating a solid income of $3,730 per month. The upper and lower levels, along with a separately rented garage, ensure steady cash flow from day one. Whether you're seeking a stable holding property or long-term rental income, this versatile asset offers both immediate returns and promising future possibilities.
The lot dimensions of 50' by 120' provide ample space for various development opportunities permitted under the new zoning, including potential infill projects. Forest Lawn is witnessing a surge in infill developments, making this property not only a lucrative income generator but also a strategic investment in Calgary's evolving real estate landscape.
Convenience is key with easy access to major transportation routes such as the BRT, Deerfoot Trail, and the Stoney ring road, facilitating seamless commutes across the city. East Hills Shopping Center, featuring popular retailers like Costco and Walmart, is just a short drive away, ensuring residents have all amenities at their fingertips.
For outdoor enthusiasts, Elliston Park is nearby, offering a picturesque setting for recreation and leisure activities. Whether your tenants enjoy outdoor festivals or serene walks by the lake, this location caters to diverse lifestyles.
Don't miss out on this exceptional opportunity to enter Calgary's booming real estate market. Whether you're a seasoned investor or exploring your first investment property, this dual tenancy home in Forest Lawn promises both immediate returns and future growth potential. Schedule your showing today and secure your stake in Calgary's dynamic property market!
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Suite - Legal
- Home Style:
- Bungalow
- Total Living Area:
- 1,798 sq. ft.
- Main Level Finished Area:
- 917 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 881 sq. ft.
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 5,306 sq. ft.
- Lot Frontage:
- 43'6"
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- West
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Unit Exposure:
- West
- Levels:
- One
- Total Rooms Above Grade:
- 6
- Year built:
- 1957 (Age: 67)
- Bedrooms:
- 4 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 1883GR
- Heating:
- Forced Air, Natural Gas
- Basement:
- Separate/Exterior Entry, Finished, Full, Suite
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Linoleum, Vinyl Plank
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- 1
- Garage Spaces:
- 0
- Parking:
- Double Garage Detached, Front Drive, Gravel Driveway, Off Street, On Street
- Parking Places:
- 2.0
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- Common Area, In Basement
- Forest Lawn
- Dishwasher, Electric Range, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
- N/A
- Phone Listing Broker, Rental
- Floor
- Type
- Size
- Other
- Main Floor
- Bedroom
- 9'10" × 8'9"
- Main Floor
- Bedroom
- 8'11" × 8'7"
- Main Floor
- Dining Room
- 12'4" × 5'9"
- Main Floor
- Kitchen
- 16'9" × 9'10"
- Main Floor
- Living Room
- 15'3" × 12'4"
- Main Floor
- Bedroom - Primary
- 11'4" × 9'8"
- Basement
- Bedroom
- 13'2" × 9'7"
- Basement
- Den
- 9'2" × 7'10"
- Basement
- Kitchen
- 11'10" × 9'3"
- Basement
- Game Room
- 15'6" × 11'6"
- Basement
- Furnace/Utility Room
- 14'5" × 11'2"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 6'7" x 4'10"
- Basement
- No
- 4
- 6'7" x 4'11"
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- See Remarks
- Exterior Features:
- Balcony, Dog Run, Private Entrance, Private Yard, Storage
- Patio And Porch Features:
- Deck, Patio, Rear Porch
- Lot Features:
- Back Lane, Back Yard, City Lot, Dog Run Fenced In, Fruit Trees/Shrub(s), Front Yard, Lawn, Interior Lot, Landscaped, Level, Street Lighting, Treed
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone E
- Zoning:
- M-C1
- Listed Date:
- Jun 17, 2024
- Days on Mkt:
- Signup
-
Welcome to #1818, 42St SE, Calgary -
Dual tenancies - both up and down
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Mature trees and landscaping.
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East facing, spacious backyard with detached garage.
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Upstairs (main level) living room.
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Main level living and dining space.
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Living room with the primary bedroom off to the left.
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Main level living and dining rooms.
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Main level living space with dining room behind and primary bedroom to the immediate right.
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Main level kitchen.
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Upstairs Primary Bedroom.
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Main level 2nd bedroom.
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Upstairs back bedroom.
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Upper (main level) bathroom.
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Shared laundry facilities with brand new washer and dryer.
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Lower (basement) bedroom.
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Basement bedroom.
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Basement recreation room or future living room.
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Spacious basement living space.
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Lower level, basement washroom.
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Basement kitchen
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Basement kitchen.
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Basement kitchen.
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Basement.
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Basement den (storage sapce).
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Looking NW towards downtown Calgary.
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Looking NE
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Bird's eye view.
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Ariel picture of the property looking west.
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Side parking with fenced yard.
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Facing NW towards the read alley.
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Detached garage with side access.
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Photo 33 of 38
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Photo 34 of 38
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Elliston Park is close by - just head east on 17th Ave!
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BRT transit - less than a block away.
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Calgary's International Avenue.
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Great shopping just down the road.
Virtual Tour
Virtual Tour
Listed by Royal LePage Solutions
Data was last updated June 29, 2024 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 10
- Avg list price:
- $572,450
- Min list price:
- $174,900
- Max list price:
- $798,000
- Avg days on market:
- 27
- Min days on market:
- 2
- Max days on market:
- 273
- Avg price per sq.ft.:
- $493.05
These statistics are generated based on the current listing's property type
and located in
Forest Lawn. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Contact Diane Richardson:
Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat
Contact Options:
-
Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.
-
Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.
-
Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.
-
Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.
