Active
DOWNTOWN COMMERCIAL CORE
2004, 108 9th Avenue Sw, Calgary, AB
$1,900,000
Residential · MLS® A22640922Bedrooms
3Bathrooms
2,398.78Sq Ft
2Garage
2009Year Built
02 / Overview
PROPERTY OVERVIEW
Executive Two-Story Penthouse with Expansive Downtown Views of Calgary and beyond. Showcasing breathtaking North, South and East exposure. Ideally located next to Calgary's Arts Common Building, Glenbow Museum, Calgary Tower, the historical Palliser Hotel, as well as Stephen Avenue Street Mall with its endless restaurants, cafes, shops and lounges. The residence at the Le Germain offers a true elevated lifestyle with world-class amenities such as Concierge, Spa and Gym access, housekeeping services, dry cleaning services, 24/7 building surveillance, pet...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys20
Total Finished Area2,398.78 sq ft
ZoningCR20-C20/R20
HeatingIn Floor • Fireplace(s) • Forced Air • Geothermal
CoolingCentral Air • Sep. HVAC Units
ParkingParkade • Underground
ExteriorBBQ gas line
Year Built2009
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$6,977After mortgage & expenses
Cap Rate0.1%Based on market rents
Cash on Cash Return-22.0%With 20% down payment
Est. Monthly Rent$4,298Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
DOWNTOWN COMMERCIAL CORE
Moderate InvestmentLoading map...
Investment Score73/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Glenda Wiens · Real Broker