401 55 AV SW, Calgary AB T2V 0E8 Photo 1

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401 55 AV SW - 3 separate self contained suites is sitting on 100'x60' corner lot, R-C2 zoning! All 3 floors are currently occupied by tenants. Rent for the basement(2b/r) is $1,200/mo with lease up to the end of March 2017, Upper unit(no access to the common laundry, lease to the end of Oct 2016) pays $650/mo, Main floor(2b/r) is occupied by Property Manager paying $1,100/mo after discount in return for the service. Utilities cost about average $500/mo throughout the year, which is included in rent by the way. Garage is currently not rented but used by PM. Great location close to Chinook mall, LRT and Glenmore trail. This could be a great cash flow property, or mortgage helper for those who wish to move in and rent out the other 2 units. You may want to consider ahead for the potential of future re-development. Re-roofed in 2014.

Property Details

  • ID: C4081554
  • Beds: 5
  • Storeys: 0
  • Living Area: 1,534
  • Style: 1 1/2 Storey
  • Baths: 3 (Full: 3 3/4: 0 1/2: 0 Other: 0)
  • Parking Type Description: Detached 6 cars
  • Year Built: 1949
  • Status: Active
  • New Construction: No


Basement Full
Basement Development Fully Finished
Community Windsor Park
Condo Type Not a Condo
Construction Type Wood Frame
Ensuite YN N
Exterior Stucco
Flooring Carpet, Hardwood
Foundation Concrete
FP Fuel Wood Only
Front Exposure North
Garage YN Y
Heating Fuel Natural Gas
Heating Type Forced Air-1
Lot Shape Rectangular
Other Baths Total - 3.00, Bedrooms Above Grade - 3, Frontage Metres - 30.5000, Total Floor Area AG Metres - 142.5132
Parking Double Garage Detached, Parking Pad Cement or Paved
Property Sub Type Detached
Property Type Detached
Region Calgary
Roof Type Asphalt Shingles
Site Influences Corner, Shopping Nearby
Style 1 and Half Storey
Zone Zone CC


Bedroom Main 3.43x3.63
Bedroom Main 2.87x3.12
Bedroom Upper Level(s) 2.87x2.69
Bedroom Basement 3.96x4.52
Bedroom Basement 3.91x2.57
Den Upper Level(s) 2.77x1.85
Kitchen Main 3.43x4.78
Living Room Main 3.45x2.84
Living Room Basement 3.91x3.43
Living Room Upper Level(s) 3.51x3.30
Listed By Satoshi Takasaka of J CAPITAL REALTY