$189,900

Residential · MLS® A2280798
2Bedrooms
1Bathrooms
720Sq Ft
1Garage
1963Year Built
02 / Overview

PROPERTY OVERVIEW

Perfectly suited for investors, first-time buyers, or those seeking a flexible inner-city lifestyle, this well-managed building allows short-term rentals, making it an excellent opportunity for income potential or personal use. This bright and beautifully updated 2-bedroom condo is ideally located in Crescent Heights, one of Calgary’s most sought-after inner-city neighbourhoods, just minutes from downtown.

Inside, you’ll find a sun-filled open layout enhanced by large windows, durable vinyl plank flooring, and a comfortable living space designed for both everyday living and entertaining....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area720 sq ft
ZoningM-X2
HeatingBaseboard • Hot Water
CoolingNone
ParkingStall
ExteriorLighting
Year Built1963
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$87After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-2.7%With 20% down payment
Est. Monthly Rent$1,360Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CRESCENT HEIGHTS

Moderate Investment
Loading map...
Investment Score69/100
Avg Home Price$538K
Active Listings35
Listed by Caitlin Devall · RE/MAX First