$389,000
Residential · MLS® A22801722Bedrooms
2Bathrooms
1,015.38Sq Ft
1Garage
1979Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to Riverside Towers in Point McKay, one of Calgary's most desirable inner-city 18+ high-rise communities, perfectly situated along the banks of the Bow River and just minutes from downtown. This updated 2-bedroom, 2-bathroom corner unit feels like a luxurious hotel and is just minutes from downtown. It boasts stunning floor-to-ceiling, 180-degree panoramic views of the Calgary skyline and the scenic northwest rolling hills.
Inside, the bright and open layout has been freshly painted, creating a functional and inviting space perfect...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys30
Total Finished Area1,015.38 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard • Boiler
CoolingOther
ParkingAssigned • Underground
ExteriorOther
Year Built1979
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$758After mortgage & expenses
Cap Rate2.1%Based on market rents
Cash on Cash Return-11.7%With 20% down payment
Est. Monthly Rent$1,877Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
POINT MCKAY
Strong InvestmentLoading map...
Investment Score77/100
Avg Home Price$588K
Active Listings6
Listed by Ben Battistessa · Century 21 Bamber Realty LTD.