Geoff Burrell

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  • 775 130 Avenue SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2204801

    775 130 Avenue SW Canyon Meadows Calgary T2W 2C2
    Main Photo: 775 130 Avenue SW in Calgary: Canyon Meadows Detached for sale : MLS®# A2204801

    775 130 Avenue SW Calgary T2W 2C2 Canyon Meadows

    $650,000
    Residential
    Status:
    Active
    MLS® Num:
    A2204801
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,157 sq. ft.
    Welcome to 775 130 Ave in highly sought after Canyon Meadows! Located a short walk from the transit station, and seconds to bus stops, this 5 bed, 2.5 bathroom property with detached double garage is a fantastic option for turnkey buy-and-hold investors as well as those looking for a mortgage helper. With $2400/mo rent + $300/mo utilities main level income (recently signed for another year) with market rent for non-conforming basement suites in the area at $1500/mo + utilities, this home has strong potential cash flow at 20% down. The basement will be vacant May 1 if there is desire to renovate and legalize, or if you wish to live in the property and save money on your mortgage, the main level tenants have been there for over 7 years without missing a month. There is also potential for redevelopment to build 4 townhomes thanks to the extra wide 57'x110' corner lot. Recent work includes roof (2018), furnace (2023), recent plumbing inspection with upgrades and remediation, fences less than 5 years ago, and new drywall and baseboards in the laundry room which will be completed in the next week. Stove on the main level will also be replaced prior to possession. Canyon Meadows is one of the most rentable communities in Calgary, with great road access, walking and biking paths, and fantastic transit access for tenants. This is a great opportunity to get into the Canyon Meadows rental market for well under recent market values in the area. Book your showing today! More details
    Listed by CIR Realty
    LISTING DETAILS
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Data was last updated March 28, 2025 at 12:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.