01 / Property Detail

VARSITY

212, 3111 34 Avenue Nw, Calgary, AB

$338,000

Residential · MLS® A2278375
1Bedrooms
1Bathrooms
605.24Sq Ft
1Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

AMAZING LOCATION BESIDE U of C & CLOSE TO HOSPITALS, MALLS, SCHOOLS & OTHER AMENITIES! And it is FREE HOLD on Title (Not lease hold). Welcome to 3111 34 Avenue NW! Located in one of the closest condominium buildings to the University of Calgary, this well maintained one bedroom one bathroom home at 3111 Varsity is a rare opportunity in a location where available inventory is extremely limited. This is a unique chance to secure a property in one of...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area605.24 sq ft
ZoningM-C2
HeatingBaseboard
CoolingNone
ParkingUnderground
ExteriorBalcony
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$841After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-14.9%With 20% down payment
Est. Monthly Rent$1,109Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VARSITY

Strong Investment
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Investment Score76/100
Avg Home Price$867K
Active Listings42
Listed by Zhi De Jiang · Royal LePage Benchmark