RARE OFFERING - INVESTMENT OPPORTUNITY - CAP RATE OF OVER 6% - 8 bedroom 3.5 bathroom property walking distance to the LRT, U of C, shopping, Schools and additional amenities. RCG ZONING 50X120 Foot BACKING ONTO CATHEDRAL PARK. Main floor hosts a total of 4 bedrooms and 2 fully renovated bathrooms, large kitchen and living areas, laundry and is tastefully furnished and decorated for fully furnished rental tenancies. If there was interest to live upstairs the 4th bedroom can easily be converted back to a second dining room (with the door still there to kitchen behind fridge). The legal registered basement suite features 4 bedrooms, 1.5 bathrooms, in suite laundry, large kitchen/dining area and living room and oversized sunshine windows - again all tastefully furnished and decorated for fully furnished rental tenancies. Seller currently rents up/down for $5500 plus utilities from September until May to U of C students and runs a short term rental business in the Summer. Detached double garage features extra space for storage and two furnaces (2018 and 2024), On demand HW for suite and HWT for upper, AC unit, all appliances and furnishings (excluding some personal items) and sewer line upgraded 2025. Did we mention the beautiful landscaping and yard? Great home with investment opportunity in a fantastic park location.
Address
3419 Morley Trail NW
List Price
$1,025,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Banff Trail
Bedrooms
8
Bathrooms
3
Floor Area
1,533 Sq. Ft.
Lot Size
5995 Sq. Ft.
Year Built
1956
MLS® Number
A2310942
Listing Brokerage
RE/MAX Realty Professionals
Basement Area
Full
Postal Code
T2M 4H3
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Schools Nearby, Shopping Nearby, Park, Playground