$259,900

Residential · MLS® A2281717
1Bedrooms
1Bathrooms
600.92Sq Ft
1Garage
2013Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Unit 524 on McPherson Road NE, ideally located in the heart of Bridgeland, one of Calgary’s most vibrant and walkable inner-city communities. This bright 1-bedroom condo offers 600 sq ft of thoughtfully designed living space with a sunny south-facing exposure that fills the home with natural light. The open-concept layout features a functional kitchen with granite countertops and flows seamlessly into the living area, which is enhanced by updated vinyl plank flooring for a modern, low-maintenance finish. Just...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys6
Total Finished Area600.92 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard • Natural Gas
CoolingNone
ParkingTitled • Underground
ExteriorBalcony • Barbecue • Courtyard • Tennis Court(s)
Year Built2013
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$480After mortgage & expenses
Cap Rate2.3%Based on market rents
Cash on Cash Return-11.1%With 20% down payment
Est. Monthly Rent$1,102Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BRIDGELAND/RIVERSIDE

Moderate Investment
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Investment Score71/100
Avg Home Price$483K
Active Listings20
Listed by Champagne Taylor · RE/MAX First