01 / Property Detail

LINCOLN PARK

2 Richelieu Court Sw, Calgary, AB

$699,900

Residential · MLS® A2271016
3Bedrooms
3Bathrooms
1,621Sq Ft
2Garage
1992Year Built
02 / Overview

PROPERTY OVERVIEW

AMAZING END UNIT siding onto greenspace & a park! Enjoy beautiful views from three sides along with brand-new windows & coverings. Nestled in the heart of Calgary’s vibrant inner city, in the highly sought-after community of Lincoln Park. This is truly the best location in the complex! Excellent access to DT 10min, Mount Royal University 5min, Marda Loop 5min, Glenmore Trail-Ring Road, Glenmore Reservoir Loop 5min, shopping, & transit. This walkout bungalow offers over 3,000 sq. ft. of thoughtfully renovated...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Total Finished Area1,621 sq ft
Lot Size138,963 sq ft
ZoningM-CG d44
HeatingHigh Efficiency • Natural Gas
CoolingCentral Air
ParkingDouble Garage Attached
ExteriorBalcony • Barbecue • BBQ gas line • Private Entrance • Storage
BasementFull
Year Built1992
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$710After mortgage & expenses
Cap Rate3.3%Based on market rents
Cash on Cash Return-6.1%With 20% down payment
Est. Monthly Rent$2,987Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LINCOLN PARK

Premium Investment
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Investment Score88/100
Avg Home Price$356K
Active Listings9
Listed by Michael Hearn · Rebate Real Estate Inc.