Posted on
January 18, 2025
by
Santosh Rana
I have sold a property at 10 Fonda HILL SE in Calgary on Mar 25, 2024. See details here
Attention investors! Here's your chance to secure a prime revenue property with exceptional potential: Half duplex with LEGAL BASEMENT SUITE and a total of 4 bedrooms in quiet location. Updated from top to bottom in 2010, including roof and furnace. The main floor features hardwood flooring, 2 spacious bedrooms, a cozy living room adorned with a wood-burning fireplace, a dining area with sliders to the wide front balcony, and a private laundry room. The basement suite was legalized in 2023, and presents an equally inviting space, comprising 2 bedrooms, a well-equipped kitchen, a comfortable living area, and a dining space, complemented by a separate laundry area. Parking is a breeze with 2 outdoor spaces, while the proximity to a nearby park with a playground adds to the appeal of the location. Currently generating a combined rental income of $2500.00 per month, with leases expiring end of June and end of October 2024, the tenants express a desire to continue renting. Tenants pay all utilities (60/40). This rare investment gem offers peace of mind, with its fully legal secondary suite, allowing for flexible living arrangements or rental opportunities. Convenience is key: just steps away from a park with playground, just minutes to amenities like Marlborough Mall, public transit including busses & the C-train, many schools, swimming pools/fitness centers, parks and grocery stores, main routes, a short commute to Downtown or the airport enhance the property's desirability. Seize the opportunity to make this property your own, whether as a cherished home or a valuable addition to your investment portfolio.