01 / Property Detail

AUBURN BAY

34, 25 Auburn Meadows Avenue Se, Calgary, AB

$305,000

Residential · MLS® A2260507
2Bedrooms
1Bathrooms
722.69Sq Ft
1Garage
2016Year Built
02 / Overview

PROPERTY OVERVIEW

Back on the market due to the buyers financing falling through. Two-bedroom condo in the Canoe building offering 723 sq ft of functional, well-planned living space. This ground-floor unit features a private covered patio, titled underground parking stall conveniently located near the entry, and a secure storage locker. The layout is one of the most efficient in the building, with quartz countertops, stainless steel appliances, and vinyl plank flooring. A walk-through closet connects the primary bedroom directly to the bathroom...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area722.69 sq ft
ZoningDC
HeatingBaseboard • Natural Gas
CoolingNone
ParkingParkade • Titled • Underground
ExteriorCourtyard
BasementNone
Year Built2016
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$883After mortgage & expenses
Cap Rate1.0%Based on market rents
Cash on Cash Return-17.4%With 20% down payment
Est. Monthly Rent$1,365Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

AUBURN BAY

Moderate Investment
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Investment Score70/100
Avg Home Price$557K
Active Listings50
Listed by Heather Tarras · RE/MAX Landan Real Estate