15 River Rock Manor, Calgary

$549,999

4 Beds
4 Baths
1,515 Sqft
0 Acres
2 Garages

!! Over $13,000 per year rental income from the legal basement suite !! With 10% down - the rental income will literally pay half of your mortgage - your mortgage payment would be $1026 TOTAL! Also...because it is a legal suite you can also use the income from it toward your mortgage qualifying income. REIN members take note -- A huge opportunity to own a large revenue property with immediate positive cash flow. This property offers multiple potential income streams - 2 complete, self contained units (basement suite is legal and registered with the city) just 2 blocks away from Quarry Park Shoping and the upcoming LRT line. The top unit is a 1514 sq ft 2 story with 3-bedrooms and 3-bathrooms. The main floor has 2 living rooms (1 for mom and dad and 1 for the kids to play), separate heating and laundry, a fenced back yard with dog run (and shed) and double attached (fully finished with workbench) garage. The legal basement suite features include: 695 square feet, 1 bedroom and 1 bathroom, huge kitchen, designated off street parking, separate heat and laundry with separate entrance and fenced backyard (with shed).These are both well maintained units in excellent condition. Pro formas with current rental incomes are available on request. The current Property Manager has a solid relationship with the tenants and is willing to continue managing the properties.

Essential Information
MLS® #A1044163
Price$549,999
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,515
Acres0.00
Year Built1993
TypeResidential
Sub-TypeDetached
StatusActive
Community Information
Address15 River Rock Manor
SubdivisionRiverbend
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2C 4J3
Amenities
Parking Spaces8
# of Garages2
Utilities

Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cable Connected, Electricity Available

Parking

Double Garage Attached, Parking Pad, Block Driveway, Garage Door Opener, Off Street, On Street

Interior
HeatingCentral, Fireplace(s)
Has BasementYes
FireplaceYes
# of Fireplaces1
Interior Features

No Smoking Home, Open Floorplan, Pantry, Storage, Laminate Counters, Separate Entrance

Appliances

Dishwasher, Electric Stove, Refrigerator, Garage Control(s), Range Hood, Washer/Dryer

Basement

Finished, Full, Exterior Entry, Suite

Fireplaces

Living Room, Masonry, Raised Hearth, Wood Burning

Exterior
Exterior FeaturesPrivate Yard, Dog Run
RoofAsphalt
ConstructionVinyl Siding, Wood Frame
FoundationPoured Concrete
Lot Description

Level, Back Lane, Back Yard, City Lot, Dog Run Fenced In, Lawn, Rectangular Lot

Additional Information
ZoningR-C2
Listing Details
OfficeWORRYFREE REAL ESTATE
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Listing information last updated on January 25th, 2021 at 6:45pm PST.