$314,900

Residential · MLS® A2276686
2Bedrooms
2Bathrooms
870.8Sq Ft
1Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to The Canyons at Millrise, a well-managed and conveniently located condo complex in Southwest Calgary. This beautifully updated 2-bedroom, 2-bathroom ground-floor unit offers a functional and spacious layout, perfect for first-time buyers, downsizers, or investors alike. Step inside to discover freshly painted interiors and brand-new flooring throughout, creating a bright, modern feel that’s completely move-in ready. The open-concept living and dining area is thoughtfully designed, offering plenty of space for both relaxing and entertaining, with large windows that allow...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area870.8 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard • Hot Water
CoolingNone
ParkingTitled • Underground
ExteriorBalcony • Courtyard
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$352After mortgage & expenses
Cap Rate3.1%Based on market rents
Cash on Cash Return-6.7%With 20% down payment
Est. Monthly Rent$1,624Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MILLRISE

Strong Investment
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Investment Score76/100
Avg Home Price$521K
Active Listings9
Listed by Ruth Arnett · RE/MAX House of Real Estate