224 7A Street Ne, Calgary, AB, T2E 4E8

House For Sale In Bridgeland/Riverside, Calgary, Alberta

$1,200,000 QuickQuote^TM: $1.1M - $1.3M

2+6 Beds

4 Baths

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224 7A Street Ne, Calgary, AB - Indoor Photo Showing Living Room

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Office

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Bathroom

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Other Room

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Bedroom

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Dining Room

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Kitchen With Double Sink

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Kitchen

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Laundry Room

224 7A Street Ne, Calgary, AB - Indoor With Fireplace

224 7A Street Ne, Calgary, AB - Indoor Photo Showing Living Room With Fireplace

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224 7A Street NE, Calgary, AB, T2E 4E8

$1,200,000

2+6 Beds

4 Baths

Property Information:

ATTENTION INVESTORS | EXCELLENT REVENUE GENERATING INNER CITY 4 PLEX | AIRBNB POTENTIAL | FOUR UNITS | FULLY RENTED CURRENTLY FOR $54,600 PER YEAR (TENANTS PAY UTILITIES) | CLOSE TO DOWNTOWN & EASY ACCESS TO TRANSIT | This This multi-use offering fourplex is located in one of Calgary’s most sought after inner city communities, Bridgeland, in the heart & centre of Calgary. Resting amongst some of the city’s most prestigious communities such as Crescent Heights, Mount Pleasant, and Rosedale. This opportunity is on a fantastic, quiet residential street with a short walk to public transit, 10 minutes to the Downtown Core, blocks from the iconic Peter’s Drive in, Golfing, Bridgeland Shopping and quick access to Deerfoot Trail, 16th Avenue and Edmonton Trail providing connectivity to all quadrants of the City. All 4 units each have open floor plans with 2 bedrooms, have private entrances and there is a laundry area (washer & dryer), These units could be rented out or leased out for either a short time like Airbnb or a full time rental. Currently the asset contributes $60,000 a year but rents could have the potential to be increased to market level. It is very nicely located for both rental income as well as Airbnb. Call to know more about all the opportunities this property has to offer!

Inclusions: Refrigerators (4), Dishwashers, Stoves (4) , Hood-fans, Washer, Dryer, Gas Water Heater

Building Features:

Total Finished Area: 1987.76

Property Features:

Bedrooms: 2+6
Bathrooms: 4+0
Architectural Style: Bi-Level, Up/Down
Built in: 1970
Construction Materials: Stucco, Wood Siding
Cooling: None
Exterior Features: Private Entrance
Fireplace Features: Gas
Floor Space (approx): 1987.76 Square Feet
Flooring: Carpet, Ceramic Tile, Hardwood
Foundation Details: Poured Concrete
Heating: Forced Air, Natural Gas
Interior Features: Separate Entrance, Storage
Levels: Bi-Level
Lot Size: 4897.00 Square Feet
Parking Features: Alley Access, Off Street, Parking Pad
Roof: Shingle
Zoning: DC

Courtesy of: RE/MAX HOUSE OF REAL ESTATE

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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QuickQuote^TM

Approximate value for 2+6 bed, 4 bath house in this area is:

$1,200,000

Estimated Price

$1,104,000

$1,344,000

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Market Price Trends

Location of 224 7A Street NE, Calgary, AB, T2E 4E8

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

29 hot days expected in 2050

Projected Storm Risk: Significant

11 storms expected in 2050

Projected Heat Risk: High

29 hot days expected in 2050

40/100

High

ClimateCheck®

Current data

This property, 224 7A Street NE, experiences 7 hot days per year at around 29.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past

29.1℃

2050

33.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

11 storms expected in 2050

21/100

Significant

ClimateCheck®

Current data

This property, 224 7A Street NE, experiences 10 significant 2-day storms per year, with about 199.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 212.6mm of precipitation per year.

Precipitation Per Storm

Past

199.6mm

2050

212.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 224 7A Street NE, Calgary, AB, T2E 4E8

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$180,004.87

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.44 %

High school certificate or equivalent

17.64 %

Apprenticeship trade certificate/diploma

4.64 %

College/non-university certificate

17.29 %

University certificate (below bachelor)

1.85 %

University Degree

49.14 %

Commuter

Travel To Work

By Car

66.92 %

By Public Transit

9.45 %

By Walking

12.88 %

By Bicycle

5.17 %

By Other Methods

5.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.31 %

Houses

52.69 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 224 7A Street NE, Calgary, AB, T2E 4E8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 224 7A Street NE, Calgary, AB, T2E 4E8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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