Calgary Realtor

$569,900 · For Sale
89 Spring Haven Close SE, Airdrie, Alberta
3+2Bedrooms
2+1Bathrooms
1,071sq ft
42m² Lot
79Days on Market

About This Property

Exceptional turnkey investment opportunity! This fully legalized up/down bungalow is ideally suited for investors seeking immediate cash flow with reliable rental income of $3070/month. Both the upper and lower suites are fully tenanted with quality tenants in place, offering a true plug-and-play investment from day one. The legal suite in the basement was professionally developed and legalized in 2019 and features 2 bedrooms, a den, a full kitchen, spacious living and dining areas, full-sized laundry, a private side entrance, and its own outdoor living space. The upper legal suite also offers a full kitchen, full-sized laundry, private front entrance, and front deck, creating two completely independent living spaces.The thoughtfully designed layout includes separate yard areas for each legal suite following the legalization, providing added privacy for both tenants. A large carport with additional storage adds further convenience and value.A strong income-producing property with an efficient operating structure, tenants pay the majority of utilities (owner responsible for water/sewer), and tenants are responsible for lawn care. Whether you're expanding your portfolio or purchasing your first investment property, this is a rare opportunity to acquire a fully legalized, income-generating property with excellent long-term potential.

Key Features

  • Built in 1978
  • House
  • Freehold
  • Basement: Finished, Full, Separate entrance, Walk-up, Suite
  • Carport, Covered, Street Parking
  • Baseboard heaters, Forced air, Electric, Natural gas Heat

Property Details

Community Big Springs
Property Type Single Family
Building Type House
Storeys 1
Year Built 1978
Ownership/Title Freehold
MLS® Number A2327151

Size & Land

Finished Area 1,071 sq ft
Land Size 42 m² Lot

Building Features

Basement Finished, Full, Separate entrance, Walk-up, Suite
Heating Baseboard heaters, Forced air, Electric, Natural gas
Cooling None
Foundation Poured Concrete

Parking

Parking Type Carport, Covered, Street
Parking Spaces 4

Financial & Other

Property Taxes $2,679/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$2,421/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

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Listing courtesy of Nineteen 88 Real Estate · Calgary Real Estate Board
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ED
Evans Dobey
REALTOR | CIR Realty
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