Welcome to the desirable community of Varsity, just a short three-minute walk to Market Mall. This bi-level duplex is the perfect opportunity for investors, featuring a legal basement suite and a strong rental history. Upstairs offers three bedrooms and one full bathroom, while the lower level includes another three bedrooms and one full bathroom, currently rented and generating $3,500 per month in rental income.
The home includes bright living and dining spaces, a large recreation room in the basement, a versatile storage room that can double as a den or office, and a spacious front deck to enjoy. Recent updates include a renovated basement and a newer roof (2014).
With a prime location near the University of Calgary, Foothills Hospital, LRT, Sir Winston Churchill High School, and just steps from Market Mall, this property checks all the boxes for a revenue property or future value growth. Best access is from the south end of Voyageur Drive through the back lane.
Address
4256 40 Avenue NW
List Price
$565,000
Property Type
Residential
Type of Dwelling
Semi Detached (Half Duplex)
Transaction Type
sale
Area
Calgary NW
Sub-Area
Varsity
Bedrooms
6
Bathrooms
2
Floor Area
982 Sq. Ft.
Lot Size
2217 Sq. Ft.
Year Built
1971
MLS® Number
A2250979
Listing Brokerage
eXp Realty
Basement Area
Finished, Full
Postal Code
T3A 0X1
Zoning
R-CG
Site Influences
Back Lane, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)