522 21 Avenue Nw, Calgary

$699,900

7 Beds
7 Baths
1,512 Sqft
.07 Acres
0 Garages

ATTENTION INVESTORS & OWNER-OCCUPIERS: Rare opportunity to acquire a high-yield, inner-city property designed for multiple use purposes. Whether you want a turn-key cash cow or a "live-in" investment where your tenants pay the entire mortgage, this Mount Pleasant home is the perfect fit.
THE HIGHLIGHTS:7 BEDROOMS WITH 7 BATHROOMS. A truly rare configuration! You can rent the whole house or "live and rent" with good privacy.
PRIME NEIGHBOURHOOD & EQUITY: Located in the heart of Mount Pleasant, a community known for its high-end new-build infills. You are investing in a prime area where property values are supported by significant local redevelopment.
CASH FLOW: Currently generating approximately $5,000 per month in rental income.
LOCATION: Minutes from SAIT, the University of Calgary, and Downtown. High demand from students and professionals ensures zero vacancy and consistent returns.
FLEXIBLE FINANCING – MOTIVATED SELLER: The seller is highly motivated to sell for personal reasons and offering creative solutions to help you secure this asset: Vendor Take-Back (VTB) / Seller Financing available. Zero Down-Payment opportunities for qualified buyers.
Stop paying a mortgage and start collecting one! Ask for details on these unique incentives.
MECHANICAL & SAFETY (Low Maintenance) Major capital expenses have already been addressed:
2019: New Electrical Panel (100-amp) & New Hot Water Tank.
2011: Full Sewer Line replacement to the city.
2009: New Roof and Boiler system.
SAFETY: Hard-wired smoke/CO detectors, fire-rated drywall in mechanical areas, and fire extinguishers installed.
Don’t miss out on this rare Mount Pleasant gem. Book your private tour today!

Essential Information
MLS® #A2286428
Price$699,900
Bedrooms7
Bathrooms7.00
Full Baths7
Square Footage1,512
Acres0.07
Year Built1912
TypeResidential
Sub-TypeDetached
Style2 Storey
StatusActive
Community Information
Address522 21 Avenue Nw
SubdivisionMount Pleasant
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2S 0H1
Amenities
AmenitiesNone
Parking Spaces2
ParkingOff Street
Interior
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFull
Interior Features

No Animal Home, No Smoking Home

Appliances

Dryer, Electric Stove, Refrigerator, Washer, Window Coverings

Exterior
Exterior FeaturesPlayground
RoofAsphalt Shingle
ConstructionStucco, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Level, Rectangular Lot

Additional Information
ZoningR-CG
Listing Details
OfficeTrustPro Realty
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