Full Duplex in Calgary, AB

[Anthony Therrien-Bernard]

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $395,000
Cash invested: $160,000

Located in Southwood we purchased this property at a great price! We are currently in the process of renovating both sides and applied for a subdivision to split the title in 2. We loved this opportunity as we have many viable exit strategies.

Location: Southwood, Calgary, AB

What made you interested in investing in this type of deal?

Lots of exit options, knowledge of rents on identical buildings down the street

How did you find this deal and how did you negotiate it?

On market, cash offer and a good amount of negotiation with the seller

How did you finance this deal?

A Lender

How did you add value to the deal?

Full renovations of one of the units and minor renovations on the other. Title split

What was the outcome?

Currently half way through the subdivision for the title split