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1722 45 Street, Calgary

  • Bedrooms: 5
  • Bathrooms: 2
  • Living area: 981 square feet
  • Type: Residential
Source: Public Records

Property Details

**Mixed Use Property: A Prime Investment Opportunity for Investors and Builders**Attention all investors and builders! This exceptional mixed-use property presents a rare opportunity to own a renovated home on a highly sought-after mixed-use zoned lot MU-1 f4.5h20 The Land Use Class MU-1f4.5h20 district allows for both commercial and residential uses in street-oriented buildings. This flexibility makes it an ideal redevelopment lot for a wide range of businesses.**Commercial Potential**The street-level commercial space offers endless possibilities for business ventures. Consider establishing a thriving child daycare, a stylish salon, a convenient convenience store, or even a lucrative liquor or cannabis store(subject to city of calgary approval). The high visibility and foot traffic provide an excellent platform for business growth.## Developer's Dream: Prime Location zoned MU-1 f4.5h20 that offers unlimited potential. **Imagine this:** A beautifully renovated income-generating home nestled in a prime location, ready to deliver consistent revenue from day one. This isn't just a dream, it's a reality waiting for you!This stunning property offers the perfect blend of modern comfort and lucrative investment potential. With **3 bedrooms upstairs** and a **separate 2-bedroom illegal basement suite**, you have the potential to generate a **monthly rental income of $4000+**.* **Modern Upgrades:** The home has been meticulously renovated with modern touches like **newer kitchens featuring quartz countertops** and **luxury vinyl plank flooring throughout**. This ensures a high-quality living experience for tenants, attracting discerning renters and maximizing rental rates.* **Income-Generating illegal Suite:** The separate illegal basement suite offers additional rental income, maximizing the property's earning potential. This is a fantastic way to diversify your income stream and increase your ROI.* **Double Garage:** Provides ample parking and storage space, a valuable amenity for potential tenants.* **Turnkey Investment:** This property is ready for new owners. It's already generating significant rental income, minimizing the need for extensive renovations or marketing.**This is more than just a house, it's a turnkey investment opportunity.** Imagine the potential for consistent cash flow and long-term appreciation. This property is perfect for savvy investors, landlords, and developers seeking a lucrative and low-maintenance investment. (id:1945)

Property Information

  • Tax Lot: 3
  • Cooling: None
  • Heating: Forced air
  • List AOR: Calgary
  • Stories: 1
  • Tax Year: 2023
  • Basement: Full, Suite
  • Flooring: Vinyl Plank
  • Tax Block: 2
  • Year Built: 1959
  • Appliances: Refrigerator, Dishwasher, Stove, Washer & Dryer
  • Living Area: 981
  • Lot Features: Back lane
  • Photos Count: 30
  • Lot Size Units: square meters
  • Parcel Number: 0010833184
  • Parking Total: 4
  • Bedrooms Total: 5
  • Structure Type: House
  • Common Interest: Freehold
  • Fireplaces Total: 1
  • Parking Features: Detached Garage
  • Subdivision Name: Forest Lawn
  • Tax Annual Amount: 2280.42
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 545.00
  • Zoning Description: MU-1 f4.5h20
  • Architectural Style: Bungalow
  • Above Grade Finished Area: 981
  • Map Coordinate Verified YN: true
  • Above Grade Finished Area Units: square feet
Room Dimensions
Type Level Dimensions
4pc Bathroom Main level 5.00 Ft x 8.08 Ft
Bedroom Main level 7.92 Ft x 11.42 Ft
Bedroom Main level 9.67 Ft x 8.08 Ft
Primary Bedroom Main level 10.50 Ft x 11.42 Ft
Dining room Main level 8.50 Ft x 12.00 Ft
Kitchen Main level 8.25 Ft x 11.92 Ft
Living room Main level 17.75 Ft x 11.33 Ft
4pc Bathroom Basement .00 Ft x .00 Ft
Bedroom Basement 8.75 Ft x 8.67 Ft
Bedroom Basement 9.00 Ft x 10.83 Ft
Kitchen Basement 15.00 Ft x 10.83 Ft
Recreational, Games room Basement 8.50 Ft x 10.83 Ft
Storage Basement 5.00 Ft x 11.08 Ft

Nearby Places

Name Type Address Distance
Forest Lawn High School The school is located on 44th street, and is near ... 0.3 km
Forest Lawn, Calgary The former town comprises the entire current Fores... 0.3 km
Forest Lawn High School School 1304 44 St SE 0.4 km
International Avenue, Calgary in the neighbourhood of Forest Lawn in the east of... 0.6 km
Hub Oil explosion S.E., near the eastern edge of Calgary and immedia... 1.4 km
Southview, Calgary Southview was established in 1950, being the last ... 1.5 km
Father Lacombe High School Lacombe is located in the S.E... 1.5 km
Penbrooke Meadows, Calgary The area was annexed by Calgary in 1961 and Penbro... 1.6 km
Radisson Heights, Calgary The community of Forest Lawn lies to the east... 1.7 km
Marlborough Mall Administration Establishment 515 Marlborough Way NE #1464 1.7 km
Lester B. Pearson High School (Calgary) The school is named for Nobel Laureate and Canadia... 1.9 km
Marlborough Mall The mall also featured a Safeway until the 1990s, ... 1.9 km
Similar Houses Stat in Calgary
We have found 6 Houses that closely match the specifications of the property located at 1722 45 Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 625,000 and 789,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the T2A1N5 postal code area of Calgary Alberta Canada.
1722 45 Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1722 45 Street. The current price of the property is $599,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $479,920. This would result in a monthly mortgage payment of $2,805 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 30
Certificate of Qualification 25
College 75
University degree at bachelor level or above 35

Neighbourhood Marital Status Stat

Married 130
Widowed 30
Divorced 65
Separated 30
Never married 185
Living common law 55
Married or living common law 185
Not married and not living common law 305

Neighbourhood Construction Date

1961 to 1980 165
1981 to 1990 40
1991 to 2000 20
2006 to 2010 10
1960 or before 50
Comparison of 1722 45 Street, Calgary, AB with Nearby Houses
Nearby Cities Listings Avg. price
Rural Rocky View County Real Estate 267 $2.211.815
Airdrie Real Estate 213 $680.383
Chestermere Real Estate 120 $1.007.476
Cochrane Real Estate 152 $872.983
Rural Foothills County Real Estate 82 $1.684.615
Rural Mountain View County Real Estate 88 $861.904
Okotoks Real Estate 79 $758.125
Canmore Real Estate 139 $1.506.480
Popular Cities Listings Avg. price
Lethbridge Real Estate 396 $490.224
Rural Parkland County Real Estate 309 $765.801
Edmonton Real Estate 4426 $608.830
Vernon Real Estate 967 $847.569
Salmon Arm Real Estate 327 $805.212
Kelowna Real Estate 1730 $1.169.613
West Kelowna Real Estate 499 $1.026.942
Kamloops Real Estate 875 $724.003
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