$649,900

Residential · MLS® A2266626
2Bedrooms
2Bathrooms
948.6Sq Ft
2Garage
2023Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Capella in Calgary’s University District! This beautiful main-floor condo perfectly combines modern style, comfort, and convenience in one of the city’s most walkable and desirable communities. Offering nearly 1,000 sq. ft. of bright, open living space, this two-bedroom, two-bathroom home provides an abundance of natural light thanks to its sunny southern exposure. Step out to your spacious south-facing patio, ideal for entertaining family and friends, or just relaxing and enjoying warm, summer nights.

Inside, the inviting open-concept layout features...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys4
Total Finished Area948.6 sq ft
ZoningM-2
HeatingBaseboard • Radiant
CoolingWall Unit(s)
ParkingUnderground
ExteriorBBQ gas line
Year Built2023
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,803After mortgage & expenses
Cap Rate1.1%Based on market rents
Cash on Cash Return-16.6%With 20% down payment
Est. Monthly Rent$1,760Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

UNIVERSITY DISTRICT

Premium Investment
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Investment Score89/100
Avg Home Price$463K
Active Listings27
Listed by John McMahon · RE/MAX Real Estate (Mountain View)