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Investment signal

$660,000

458 34 Avenue NW

Save this home

Beds

1

Baths

1

Sqft

Year

1949

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Attention Investors & Builders | Corner Lot | Inner City | Prime Location | Close to Schools, Parks & Playgrounds | Easy Downtown CommuteThis property presents an excellent redevelopment opportunity in the desirable community of Highland Park. Situated on a corner lot with R-CG zoning (14.39 x 36.57), it is ideally positioned for multi-family development, with numerous similar projects already transforming the surrounding corridor.This is a judicial listing- no representations or warranties are provided. Only unconditional offers will be considered. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Highland Park
Common interest
Freehold
Living area
756 square feet
Lot size
519 square meters
Lot dimensions
519.00
Bedrooms
1 above grade, 0 below grade
Parking
2 total
Stories
1
On market
Mar 19, 2026
Status changed
Apr 27, 2026
Annual tax
$3,368 (2025)
Zoning
R-CG
Photos
4
MLS#
A2294746
Area
CALGARY_NW

Features and systems

Parking

None

Basement

UnfinishedFull

Appliances

None

Heating

Forced air

Cooling

None

Flooring

Wood

Foundation

Poured Concrete

Lot

See remarksLevel
Negative cash flow ~$748/mo at these assumptions

Cash on cash

-6.80%

Cap rate

3.50%

GRM

16.7

Break-even rent

$4,087

Financing

Down payment$132,000
Loan amount$528,000
Mortgage$2,675/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$303
Insurance$80
Maintenance$550
CapEx reserve$275
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,675/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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