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.