01 / Property Detail

SPRUCE CLIFF

204, 328 Cedar Crescent Sw, Calgary, AB

$248,500

Residential · MLS® A2280165
1Bedrooms
1Bathrooms
786.1Sq Ft
1Garage
1967Year Built
02 / Overview

PROPERTY OVERVIEW

Very large fantastic balcony with a gorgeous view of Douglas fir Walking Trail, River Valley, nature, trees and privacy! CONCRETE BUILDING with CITY VIEWS! Where in Calgary can you buy an upgraded condo surrounded by green space backing onto Douglas Fir Trail with bike paths/walkways leading to the river, Edworthy Park and Shaganappi Golf Course, gorgeous valley, Bow River and downtown VIEWS, seclusion & privacy, and minutes to the LRT? THIS IS IT! Good sized entrance into the unit....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area786.1 sq ft
ZoningM-C1
HeatingBaseboard • Boiler • Natural Gas • Radiant
CoolingNone
ParkingOff Street • On Street • Parking Lot • Paved • Plug-In • Stall
ExteriorBalcony • Storage
BasementNone
Year Built1967
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$287After mortgage & expenses
Cap Rate3.1%Based on market rents
Cash on Cash Return-6.9%With 20% down payment
Est. Monthly Rent$1,426Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SPRUCE CLIFF

Moderate Investment
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Investment Score74/100
Avg Home Price$501K
Active Listings13
Listed by Jeffery Sulima · Real Estate Professionals Inc.