Investment Tip of the Week – 660 Malvern Drive NE

660 Malvern Drive NE
660 Malvern Drive NE

After the impressive property in Aspen Ridge, we will now focus on the opposite market segment. 660 Malvern Drive NE in Marlborough Park is a great starter property for its price — which beats renting.

The 1977 single detached raised bungalow offers 1200 sq.ft. above grade and a large double detached garage. It has new windows installed in the living room, two partly renovated full bathrooms and a two-piece ensuite. The three spacious bedrooms upstairs are big enough to comfortably accommodate a family. The secret treasure is hidden in the basement: a summer kitchen, a recreation room, and two bedrooms can bring you extra income to help you pay the $259,000 listing price or to accommodate more family members if your family becomes larger but refuses to leave this great house on its quiet street.

Try our mortgage payments calculator and Calgary property tax calculator to compare your monthly expenses for this house compared to renting a similar property.

More details about 660 Malvern Drive NE.

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