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Justin Havre

REALTOR®

  • Office 403.217.0003
Questions?

1527 42 Street Southeast, Calgary, Alberta – $320,000

  • 3 Beds
  • 2 Baths
  • 803 Sqft
  • 29 DOM
  • 3 Beds
  • 2 Baths
  • 803 Sqft
  • 29 DOM

1527 42 Street Southeast

ATTENTION INVESTORS | ILLEGAL UP + DOWN SUITE GENERATING $1950 PER MONTH WITH LONG TERM RENTERS | R-CG | 50 X 120' | This great investment, illegally suited, bungalow is within walking distance to shops, restaurants, schools and the new rapid transit line. This raised bungalow has been well-maintained with many upgrades over the years including a new garage roof (2015), new hot water tank (April 2018), new washer and dryer (February 2021). Spacious and bright offering 2 rental opportunities with separate entrances and already has tenants! The main floor features a ton of natural light, large bedrooms and since it is within walking distance to schools and has an oversized secluded yard, it is ideal for a growing family. The basement is private from the upstairs, making it optimal for another rental suite (illegal) and giving you the convenience of having two rental properties in one or mortgage helper. The garage is equipped with 220V wiring and can easily be rented separately. Extra parking is found on the driveway or plentiful on the street. 2 sheds, mature trees and established landscaping adorn the massive yard, privately nestled behind the fence and garage. The upstairs tenant’s lease is month to month at $1100.00 and the long term (since November 2012) downstairs tenant’s lease is up on October 31, 2021 with a current rent of $850.00. This unbeatable location provides easy access to downtown, Deerfoot Trail and is part of the City’s new redevelopment plan that includes the revitalization of International Avenue. This is your chance to get in on this increasingly desirable neighbourhood.

Essential Information

  • MLS® #A1079125
  • Price$320,000
  • Bedrooms3
  • Bathrooms2
  • Full Baths2
  • Square Footage803
  • Lot SQFT6,092
  • Year Built1957
  • TypeResidential
  • Sub-TypeDetached
  • StyleBungalow
  • StatusActive

Community Information

  • Address1527 42 Street Southeast
  • SubdivisionForest Lawn
  • CityCalgary
  • ProvinceAlberta
  • Postal CodeT2A 1L7

Amenities

  • Parking Spaces2
  • # of Garages1

Parking

Single Garage Detached, Additional Parking, Driveway, Enclosed, Garage Faces Rear

Interior

  • Goods IncludedSee Remarks, Separate Entrance
  • HeatingForced Air, Natural Gas
  • Has BasementYes
  • Basement DevelopmentFinished, Full, Suite
  • Basement TypeFinished, Full, Suite
  • FlooringHardwood, Linoleum

Appliances

Dryer, Electric Stove, Refrigerator, Washer

Exterior

  • Exterior FeaturesPrivate Yard, Private Entrance
  • RoofAsphalt Shingle
  • ConstructionWood Frame, Metal Siding
  • FoundationPoured Concrete
  • Front ExposureE
  • Frontage Metres15.23M 50`0"

Lot Description

Back Lane, Back Yard, Fruit Trees/Shrub(s), Landscaped, Street Lighting, Rectangular Lot, Front Yard, Many Trees

Site Influence

Back Lane, Back Yard, Fruit Trees/Shrub(s), Landscaped, Street Lighting, Rectangular Lot, Front Yard, Many Trees

Additional Information

  • ZoningR-CG

Room Dimensions

  • Kitchen12`8 x 10`6
  • Living Room18`4 x 12`8
  • Bedroom 210`4 x 9`10
  • Bedroom 313`0 x 9`8

Listing Details

  • OfficeRE/MAX HOUSE OF REAL ESTATE

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I acknowledge and authorize calgaryhomes.ca and Justin Havre of RE/MAX First to refer me to a suitable agent(s) in a home purchase, sale and/or mortgage approval. In such case, I also acknowledge and authorize that the referred agent(s) may pay a referral fee. (This does not constitute a formal buyers brokerage agreement nor compel me to use the referred agent(s)). My information will not be disclosed to any party in any way not associated with the Privacy Policy.

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Listing information last updated on April 19th, 2021 at 1:16pm MDT.

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