Active

UNIVERSITY HEIGHTS

103, 2011 University Drive Nw, Calgary, AB

$273,500

Residential · MLS® A2279084
2Bedrooms
2Bathrooms
926.92Sq Ft
1Garage
1991Year Built
02 / Overview

PROPERTY OVERVIEW

This well-maintained first-floor condo, featuring high ceilings, offers over 900 sq. ft. of living space in a concrete building. With easy access to the unit, it presents an ideal opportunity for investors seeking strong rental potential or for students looking to own their own property in a high-demand area. Located just a 5 minute walk to the University of Calgary, and close to the C-Train station, Foothills Hospital, Alberta Children’s Hospital, SAIT, Market Mall, University District, Brentwood Mall, and McMahon...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys8
Total Finished Area926.92 sq ft
ZoningM-H2
HeatingBaseboard
CoolingNone
ParkingAssigned • Underground
ExteriorBalcony
Year Built1991
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$344After mortgage & expenses
Cap Rate3.0%Based on market rents
Cash on Cash Return-7.5%With 20% down payment
Est. Monthly Rent$1,722Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

UNIVERSITY HEIGHTS

Moderate Investment
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Investment Score60/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Parker Jang · Century 21 Bamber Realty LTD.