01 / Property Detail

ROYAL OAK

261 Royal Elm Road Nw, Calgary, AB

$489,900

Residential · MLS® A2257006
2Bedrooms
1Bathrooms
1,233Sq Ft
1Garage
2024Year Built
02 / Overview

PROPERTY OVERVIEW

Ravines of Royal Oak by Janssen Homes offers unmatched quality & design, located on the most scenic & tranquil of sites in the mature NW community of Royal Oak. This 2BR, 1-full bath 1,233sf (1,233RMS) 24’-wide stacked townhouse with single attached garage boasts superior finishings. Open-concept-plan features a fresh, modern kitchen with full-height cabinets, soft close doors/drawers & full extension glides, quartz counters, undermount sink, plus 4 S/S appliances & convenient peninsula island opening onto both dining area with access...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,233 sq ft
ZoningDC29Z99 SITE 3
HeatingForced Air • Natural Gas
CoolingNone
ParkingConcrete Driveway • Garage Door Opener • Garage Faces Front • Single Garage Attached
ExteriorPrivate Entrance
BasementNone
Year Built2024
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$119After mortgage & expenses
Cap Rate4.2%Based on market rents
Cash on Cash Return-1.5%With 20% down payment
Est. Monthly Rent$2,258Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ROYAL OAK

Moderate Investment
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Investment Score74/100
Avg Home Price$748K
Active Listings21
Listed by Michael Freiter · RE/MAX House of Real Estate