01 / Property Detail

LINCOLN PARK

408, 5115 Richard Road Sw, Calgary, AB

$319,900

Residential · MLS® A2273325
2Bedrooms
2Bathrooms
916.07Sq Ft
2Garage
2002Year Built
02 / Overview

PROPERTY OVERVIEW

Perfect opportunity! Why rent when you can own this TOP-FLOOR CORNER UNIT w/ 2 TITLED STALLS + storage, steps from MRU! Welcome to UNIT 408 at Trafalgar House, a bright, spacious 2-BED + DEN, 2-FULL BATH condo offering +900 SQ FT of well-maintained living space. Upon entry, a generous front entry leads to a versatile bonus area that can serve as a mudroom, workspace, or cozy den with a full wardrobe closet, along with mirrored double doors concealing a standard-size...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area916.07 sq ft
ZoningM-C2
HeatingBaseboard
CoolingNone
ParkingHeated Garage • Secured • Titled • Underground
ExteriorBalcony • BBQ gas line
Year Built2002
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$459After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.6%With 20% down payment
Est. Monthly Rent$1,703Based 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 Ginny Webster · Zolo Realty