Welcome to 1310/08 20 Ave NW, a lucrative 4-unit multifamily property ideally situated in one of Calgary’s premier rental neighborhoods - Capitol Hill. This property offers exceptional proximity to the University of Calgary, SAIT, Lions Park LRT Station, and Confederation Park. The demand for rentals in this neighborhood is exceedingly high, with not a single vacant unit in over 10 years.Each unit within this meticulously maintained property features new windows, two spacious bedrooms and a well-appointed bathroom, offering comfortable and functional living spaces for tenants. Originally designed and currently registered as a duplex with lower-level illegal suites, the thoughtful layout ensures privacy and convenience, making it an attractive choice for potential renters. Additionally, each suite is equipped with its own washer and dryer, enhancing convenience for tenants.In addition to its superb location and well-designed units, the property boasts ample parking space, including a 3-car carport and a designated parking pad, all of which can be rented out separately. Situated on a spacious 50ft lot, there is significant potential for future development, further increasing equity in this already attractive investment, especially considering the neighborhood's prevalence of infills.Managed effortlessly by a hands-off, ethical investor for the past 20 years, existing rents are well below market rates, allowing for substantial upside potential for a new buyer, as well as instant equity. Don't miss out on the opportunity to acquire this cash-flow-generating property in a highly desirable location. Whether you're an experienced investor or venturing into real estate for the first time, 1310/08 20 Ave NW offers an ideal blend of profitability and potential. Schedule a viewing today to secure your foothold in Calgary's thriving real estate market. (id:26763)
Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.
1310 20 Avenue NW, Calgary, Alberta, T2R1J3 is serviced by Colonel Sanders School. The property with listing MLS® A2115910 is located 3.41 km from the school. Colonel Sanders School has a rating of No Rating.
The closest Elementary independent school to this home for sale located at 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 is Swedish Language School with School's rating No Rating, located 0.83 km from this home.
The closest to this address 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 Secondary independent school is Swedish Language School with School's rating No Rating, located 0.83 km km from this home
The freshest crime data from Statistics Canada are from 2020. There were 78,163 volation disturbances in this neighbourhood. The overall crime rate near the address - 1310 20 Avenue NW, Calgary, Alberta, T2R1J3, Calgary, AB is 5,739.46. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -18.1%
Drug crime rate next to the listing for sale MLS® A2115910 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 80.33. This is the amount of drug crime incidents per 100,000 population. There were 1,094 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is -13.2%
Property crimes in the neighbourhood close to real estate listing for sale 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 are Below Average. Property misconduct rating adjacent to MLS® A2115910 is 3,840.73. There were 52,305 in the neighbourhood in 2020. Year by year change in the property misconduct rate is -17.9%
There were 12,230 violent lawbreaking disorders in 2020. 898.04 and it is Low rate comparing to other BC municipalities. Year by year change in the violent crime rate is -16.0%
The closest Bus station is EB 20 AV @ 12 ST NW in 0.08 km away from this listing with - MLS® A2115910.
41.6% of people with university certificate/degree live in this neighbourhood adjacent to the 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 which is High in comparison with other BC neighbourhoods. 10.3% of population in this neighbourhood that is near the Listing MLS® A2115910 have no certificate or degree. This number is Low compared to the average in BC.
Median Household Income near this dwelling with the address 1310 20 Avenue NW, Calgary, Alberta, T2R1J3, Calgary, AB is $81237 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® A2115910 is $42296 which is High in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 60.8% which is Average.
Unemployment rate in the area around MLS® Listing # A2115910 is 9.1 which is Above Average in comparison to the other province neighbourhoods.
This real estate is located in 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 Capitol Hill where population change between 2011 and 2016 was 6.9%. This is Above Average in comparison to average growth rate of this region.
Population density per square kilometre in this community near the address 1310 20 Avenue NW, Calgary, Alberta, T2R1J3, Calgary, AB is 2877 which is Above Average people per sq.km.
Average size of families in the area adjacent to home for sale 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 is 2.7. This is Below Average number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® A2115910 is 54.6% and it is Average. % of Married or living common law is around 49.6% and it is Below Average.
Average age of the population close to the 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 is 37.9 . This percentage is Below Average in comparison to other BC cities.
Average value of dwellings in this neighbourhood around 1310 20 Avenue NW, Calgary, Alberta, T2R1J3, Calgary, AB is $626982 and this is High comparing to other areas in British Columbia
Average Owner payments are High in the area adjacent to 1310 20 Avenue NW, Calgary, Alberta, T2R1J3. $1703 owners spent in average for the dwelling. Tenants are paying $1225 in this district close to MLS® A2115910 and it is Above Average comparing to other cities.
53% of Population in this district near the 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 are Renters and it is High comparing to other BC cities and areas.
% of English and French speakers around real estate listing 1310 20 Avenue NW, Calgary, Alberta, T2R1J3, Calgary, AB is 11.4%, it is Above Average, % of English speakers only is 87.7% and Below Average. % of Neither English nor French speakers close to home for sale 1310 20 Avenue NW, Calgary, Alberta, T2R1J3, Calgary, AB is 0.9% and it is Average comparing to other BC cities.
20.1% of all population in the area around this property with the address 1310 20 Avenue NW, Calgary, Alberta, T2R1J3, Calgary, AB using Public Transport which is Above Average, 66.6% of using population are using Cars around MLS® A2115910, which is Low. 4.9% of people using Bicycles around the 1310 20 Avenue NW, Calgary, Alberta, T2R1J3 and it is High. 7.1% of population are walking which is Above Average