1,957 SqFt
1,957 SqFt
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1957.43
Square Footage 1,957 sqft
Price per Sqft $715
Subdivision Rosemont
MLS Listing ID A2332942
Style Attached-Side by Side,Bungalow
Year Built 1959
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Full Duplex
Property Description
14 Rosetree is built for investors: two long-term tenancies (with excellent tenants who would like to stay) provide base income (in the main floor unit and the non-confoming basement suite of 14A Rosetree),while two fully furnished short-term rentals (14 Rosetree,unit #1 [main floor] and unit #2 [legalized basement suite]) create significant positive cash flow.
2025 net operating income of $70,725 on $135,108 gross revenue,a 5.05% cap rate,and a turnkey operating system in place. The current owner/managers are Airbnb Super Hosts & VRBO Premier Hosts and can provide the prospective buyer the blueprint to manage this property with automated systems.
Over $130,000 in capital improvements completed since 2022,including a completely renovated and legalized basement suite.
The real enduring value is the land. At 11,485 SF,this is basically two full city lots and one of the rare inner-city parcels that supports future redevelopment into two luxury homes,offering long-term optionality that few cash-flowing assets can match.
Unbeatable location minutes from Confederation Park,SAIT,Foothills Hospital,University of Calgary and downtown,with the airport roughly 20 minutes via Deerfoot.
Cash flow now. Redevelopment later. A truly rare inner-city hold. Please view video and 3D property tour to get a sense of all the units.
Location
Province AB
County 0046
Community Golf, Park, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Area Cal Zone Cc
Zoning R-CG
Direction NW
Rooms
Basement Separate/Exterior Entry, Full, Finished
Interior
Interior Features Built-in Features, Separate Entrance, Soaking Tub, Vinyl Windows, Wood Windows
Heating Forced Air, Natural Gas
Flooring Ceramic Tile, Hardwood, Vinyl Plank
Inclusions 4 Stoves, 4 refrigerators, 4 washer/dryers, 3 dishwashers
Furnishings Partially
Fireplace No
Appliance Dishwasher, Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer
Laundry In Unit, Lower Level, Main Level, Multiple Locations
Exterior
Exterior Feature Private Yard
Parking Features Alley Access, Driveway, Garage Faces Rear, On Street, Triple Garage Detached
Garage Spaces 3.0
Fence Partial
Community Features Golf, Park, Pond, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Deck, Patio
Total Parking Spaces 5
Garage Yes
Building
Lot Description Back Lane, Cul-De-Sac, Front Yard, Landscaped, Level, Many Trees, Paved, Pie Shaped Lot
Dwelling Type Duplex
Story One
Foundation Poured Concrete
Architectural Style Attached-Side by Side, Bungalow
Level or Stories One
New Construction No
Others
Restrictions None Known
Virtual Tour 2 https://youriguide.com/14_rosetree_crescent_nw_calgary_ab/
Virtual Tour https://youtube.com/shorts/fJVYn9AIfoA?feature=share
Nearby Locations
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