01 / Property Detail

CRANSTON

2307, 42 Cranbrook Gardens Se, Calgary, AB

$299,000

Residential · MLS® A2275466
1Bedrooms
1Bathrooms
575.22Sq Ft
1Garage
2023Year Built
02 / Overview

PROPERTY OVERVIEW

Open House March 7th. 11-2. Price Reduced. Welcome to this exceptional 1 bed, 1 bath condominium in the heart of Cranston’s coveted Riverstone community that allows airbnb. Built in 2023, this third-floor unit offers a thoughtfully designed living space, seamlessly blending modern luxury with everyday comfort. Overlooking a serene pond, the large covered 72 sq ft balcony provides the perfect setting to enjoy your morning coffee or unwind in nature just steps from your door. The open-concept layout is as...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area575.22 sq ft
ZoningM-1
HeatingBaseboard • Electric
CoolingNone
ParkingTitled • Underground
ExteriorBalcony • BBQ gas line
Year Built2023
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,028After mortgage & expenses
Cap Rate0.3%Based on market rents
Cash on Cash Return-20.6%With 20% down payment
Est. Monthly Rent$1,057Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CRANSTON

Moderate Investment
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Investment Score70/100
Avg Home Price$695K
Active Listings48
Listed by Sherry Johnston · eXp Realty