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Tracy Gibbs

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601 Royal Av Sw, Calgary, Alberta – $899,900

  • 4 Beds
  • 6 Baths
  • 2,657 Sqft
  • .11 Acres
  • 4 Beds
  • 6 Baths
  • 2,657 Sqft
  • .11 Acres

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601 Royal Av Sw

Price Reduced, GREAT VALUE + CASH FLOW. A well-established 6 Suite building in the heart of Cliff Bungalow, one of Calgary's lowest vacancy and highest rent districts. Located on a 43X116 corner lot with MCG d72 zoning, this property has both cash flow and development potential. Character property with high ceilings, fireplaces, full bathrooms, separate entrances, and FULL PARKING. The suite mix is 2 1-Bedrooms + lofts (rent as 2 bedrooms), 2 1-Bedrooms, and 2 Bachelor Suites. The property has been kept in excellent shape and suites have been upgraded. Infrastructure updates include: newer windows, upgraded heating and electrical systems (individual meters). Within a few minutes' walk to downtown, Cliff Bungalow is a vibrant Inner City community that boasts boutique shops, restaurants, grocery stores, and easy access to the Elbow River Valley. Extremely popular among renters.

Essential Information

  • MLS® #C4161742
  • Price$899,900
  • Bedrooms4
  • Bathrooms6.00
  • Full Baths6
  • Square Footage2,657
  • Year Built1910
  • Front ExposureNorth
  • TypeDetached
  • Sub-TypeDetached
  • Style2 and Half Storey
  • StatusActive

Community Information

  • Address601 Royal Av Sw
  • AreaCalgary
  • SubdivisionCliff Bungalow
  • CityCalgary
  • ProvinceAlberta
  • Postal CodeT2S 0G1

Amenities

  • FeaturesNone
  • Parking Spaces6
  • ParkingStall

Interior

  • HeatingNatural Gas, Hot Water
  • Has BasementYes

Basement

Fully Finished, SUITE - Illegal

Exterior

  • ExteriorWood Shingle
  • Lot Description0.11
  • RoofAsphalt Shingles
  • ConstructionWood Frame
  • FoundationConcrete

Exterior Features

Flat Site, Back Lane, Public Transportation

Additional Information

  • Days on Market155

Listing Details

  • OfficeRE/MAX REALTY PROFESSIONALS
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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on June 20th, 2018 at 9:00pm MDT.