Property Details

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Featured in:

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71 Queen Alexandra Close SE
Calgary (A2253572)

$625,000
4
2+1
1,256 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Unlock exceptional cash flow potential with this oversized bungalow, a standout investment in today’s market! Previously generating $3550 monthly ($2,100 main floor + $1,450 basement current tenant), this property delivers strong returns even with current interest rates. Alternatively, live in one suite and let the other significantly offset your mortgage, maximizing your financial flexibility. MAIN FLOOR HIGHLIGHTS: Spacious layout with three generously sized bedrooms, including a master featuring a 2-piece ensuite. Bright and open living, dining, and kitchen areas, flooded with natural light from large windows. Ample storage with a front closet, pantry, and additional shelving at the rear entrance. BASEMENT SUITE (ILLEGAL) Expansive great room, ideal for work-from-home setups or additional living space. Two well-appointed bedrooms, a full bathroom, and a modern kitchen with stainless steel appliances. Shared rear entrance with access to a shared laundry and mechanical room for convenience. Large backyard perfect for pets, kids, or gardening, complete with an oversized single garage. Adjacent off-leash park for pet owners and outdoor enthusiasts. Walkable to groceries, restaurants, and Starbucks, enhancing tenant appeal and lifestyle convenience. This property is a rare find for savvy investors or owner-occupants seeking immediate cash flow and long-term value. Don’t miss out on this turnkey opportunity to capitalize on a high-demand rental market!

Property details

Basic Info

MLS® #
A2253572
Property Type:
Residential
Subtype:
Detached
Subdivision:
Queensland
Price
$625,000
Sale/Lease:
For Sale
Size:
1,256 sq.ft.
Bedrooms:
4
Bathrooms:
2 full / 1 half
Year Built:
1973 (52 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached
Fence:
Fenced
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Features:
See Remarks, Separate Entrance
Inclusions:
2nd Refrigerator, 2nd Stove
Appliances:
Dishwasher, Dryer, Electric Range, Garage Control(s), Refrigerator, See Remarks, Washer, Window Coverings
Laundry:
In Basement
Exterior Features:
Private Yard
Patio/Porch Features:
Patio

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Lot / Land Info

Lot Size:
0.12 acres
Lot Features:
Back Lane, Back Yard, Front Yard, Landscaped, Lawn, Rectangular Lot, See Remarks
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Aluminum Siding ,Concrete,Wood Frame
Floors:
Laminate, Tile, Vinyl Plank
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Listing Info

Possession:
15 Days / Neg
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