01 / Property Detail
UNIVERSITY DISTRICT
612, 4138 University Avenue Nw, Calgary, AB
1 / 53
$624,900
Residential · MLS® A22815711Bedrooms
2Bathrooms
1,026Sq Ft
2Garage
2020Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to a TOP floor condo unit in the August building in the heart of University District. This unit is walking distance to all the great restaurants, coffee shops and the Save on Foods grocery store. (who needs a car!). Unit was marketed as a 3 bedroom plan by the builder (Avi Urban) but currently is a 1 bedroom + den (walk in closet) & opposite side of the condo + 2nd living room (which can be converted back to...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys6
Total Finished Area1,026 sq ft
ZoningDC
HeatingBaseboard • See Remarks
CoolingCentral Air
ParkingParkade • Underground
ExteriorBalcony • BBQ gas line • Lighting • Storage
Year Built2020
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$1,717After mortgage & expenses
Cap Rate1.2%Based on market rents
Cash on Cash Return-16.5%With 20% down payment
Est. Monthly Rent$1,846Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
UNIVERSITY DISTRICT
Premium InvestmentLoading map...
Investment Score89/100
Avg Home Price$463K
Active Listings27
Listed by Colin Ongyerth · RE/MAX Real Estate (Mountain View)