2122 5 Street SW, Calgary, Alberta
$769,000
- 2 Beds
- 3 Baths
- 1,423 Square Feet
**Studio 2122 ** RARE & STYLISH MTL-STYLE BRICK DETACHED HOME l TURN-KEY INVESTMENT PROPERTY OFFERING** FULLY SET UP & READY TO RENT l CORNER LOT IN CLIFF BUNGALOW / MISSION l INCREDIBLE LOCATION l Sitting on a Prime corner lot, this home has been split into 2 illegal suites (upper + loft & main floor + basement) with both doors off 5 street. Complete with an upper deck and lower patio, driveway and corner yard laundry on both sides. Convenient / Amazing location - great property for a variety of living scenarios - Live up / Rent down (or vice versa) - perhaps a mature family that wants to live together but still have some separation, or for an investor who wants 6+ cap rate. (Generated over $85k in revenue in the last 1 year) Creative Vintage side - Main floor basement is currently set up as a Funky 1 bed 2 bath - and has been used as short term rental & photo shoot studio space. Basic Modern upper level is a 1 bed 1 bath + den and patio with downtown view. Very interesting urban space in an unbeatable trendy location. Sky's the limit with this property! This home has historic value, built in 1910 - the' Ernest S Leonard Residence' - a great representation of Queen Anne Revival Style architecture. *As per the City of Calgary website - this land although historic, is not legally protected or federally recognized* Unbeatable location on the same block as OEB, Master Gallery, Mercato & so much more - Move-In Ready & Renovated & Turn-key (id:23309)
- Listing ID: A2172713
- Property Type: Single Family
- Year Built: 1910
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2122 5 Street SW in Calgary Ontario. It was last modified on October 19th, 2024. Contact Dylan Topolnisky to schedule a viewing or to discover other Calgary real estate for sale.