Active

SIGNAL HILL

311, 7239 Sierra Morena Boulevard Sw, Calgary, AB

$385,000

Residential · MLS® A2280711
2Bedrooms
2Bathrooms
1,183.73Sq Ft
1Garage
1996Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Unit 311 at the Sierras of Richmond Hill, a well-maintained 55+ adult living community in Calgary’s southwest.

This spacious 2 bedroom, 2 bathroom condo offers 1,183.73 sq ft of thoughtfully designed living space with hardwood flooring throughout the main living areas. The open living and dining areas are bright and inviting, offering plenty of room for everyday living or entertaining, with access to a private balcony with additional storage.

The kitchen connects seamlessly to the main living space, while bedroom...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,183.73 sq ft
ZoningM-C2 d124
HeatingBaseboard
CoolingWall/Window Unit(s)
ParkingStall • Underground
ExteriorBalcony • Other
Year Built1996
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$317After mortgage & expenses
Cap Rate3.5%Based on market rents
Cash on Cash Return-4.9%With 20% down payment
Est. Monthly Rent$2,172Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SIGNAL HILL

Moderate Investment
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Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Sukh Pangly · eXp Realty