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RE-DEVELOPMENT OPPORTUNITY

50 x 120 INTERIOR R-C2

🌲🌲 ALTADORE, CALGARY 🌲🌲

POSSESSION DAY: NOVEMBER 30,2023

CLICK TO JOIN OUR BUYER LIST

CA$HYN PRICE

$885,000

Property Description


Beds: 3 up/1 down (Estimated)

Baths: 1 (Estimated)

Square Footage:1,454ft²(Estimated)

Zoning: R-C2

Year Built1950

Lot Size: 50 x 120

Property Type: Bungalow

Basement: Unfinished (Estimated)

Garage: Single Detached

Offers Due: ASAP


Features:

  • Top neighborhood in Calgary
  • Oversize lit (125ft deep)
  • Dozens on builds on the same street.
  • Other single family homes have sold for $1.2M on the same street

This remarkable R-C2 lot, measuring 50'x120' and situated in Altadore, Calgary, Alberta's most prestigious neighborhood, holds immense value. Altadore is celebrated for its exceptional quality of life and vibrant cultural setting, making it a highly desired residential area. This appeal is largely attributed to its favorable location in close proximity to nearby parks, recreational facilities, and Marda Loop – an expansive, thriving outdoor shopping destination at the heart of Calgary.


The bungalow house itself is estimated to have a total of 4 bedrooms and 1 bathroom with an unfinished basement and single detached garage.


Recommended Build:

  • x2 Single family homes ~2000+ sq ft
  • Sell each for $1.2M

Get in touch for the address by simply replying to this email or reaching out to Brennan (contact info below). Viewings PRIOR to offer submission will only be scheduled if you are 99% sure you are submitting an offer.

DO YOU NEED FINANCING?

SHORT TERM FINANCING

Cashyn Homes has teamed up with Calvert Home Mortgage to provide our investors with financing. Calvert is a Calgary based lender who focuses on financing Flip / BRRR deals. What makes Calvert different?



  • They Finance the Assignment Fee!
  • Quick Funding
  • No Appraisals Required
  • Free Valuations ( "As is" or "As-Renovated" )
  • Low Money Down Options (*only 10K down)
  • Competitive Pricing
  • Fully Open Mortgages 

 

SPECIAL DISCOUNT

  • Receive $500 OFF the lender's fee from Calvert Mortgages if you let them know that you heard about them through CASHYN. 

(Only eligible for “CASHYN” wholesale deals where net new borrowers come direct to Calvert (i.e no external mortgage broker). Forward this email to a Calvert Underwriter or Ryan (Ryan@chmic.ca) on your first email to Calvert to redeem. Can’t be redeemed after initial conversation - some conditions apply).


LONG TERM FINANCING

Cashyn Homes now has an in-house mortgage broker to offer investors longer term financing solutions. Bret is licensed under Mortgage Architects and currently works with over 50 lenders. He provides tailored mortgage strategies for investors at any step in their journey.

  • Best interest rates on the market to maximize cash flow and yield
  • NO FEES - Services are free (Conventional Prime lending only)
  • 1-10 year mortgage terms with flexible qualification criteria
  • Condos, Single Family, Multi-Family and Commercial
  • OPTIONS

 

SERVICES PROVIDED

Residential & Commercial Purchases, Refinances, Construction Loans, Renewals, Purchase + Improvements, Equity Line of Credits, Debt Consolidation, Private Lending and more…

Please forward this email to Bret Stankowski (bret@stanmtg.ca) to inquire.



Click Here for their free Flip Analyzer Tool
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Brennan Holowaty

Cashyn Homes

brennan@cashynhomes.com

306-269-0254

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Disclaimer: The details in this email are for information only. We do have experience in home inspection and appraising but we recommend further due diligence to be conducted. Some statements are based on what we noticed at the property, though it is possible that things were missed, or things we simply don't know about. We will never make intentionally incorrect statements. Some statements are made based on what sellers or tenants have told us - they could be mistaken or untruthful. Please conduct your own due diligence and use details in this email as guidance only.