01 / Property Detail

EAU CLAIRE

202, 738 3 Avenue Sw, Calgary, AB

$189,900

Residential · MLS® A2281866
1Bedrooms
1Bathrooms
556.6Sq Ft
1Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

Incredible value in the heart of Eau Claire.

Discover an exceptional opportunity to own a bright and stylish 1 bedroom 1 bathroom condo in the prestigious Princes Crossing, a well maintained concrete building in one of downtown Calgary’s most desirable neighbourhoods.

This south facing unit features a functional open concept layout filled with natural light. The custom built kitchen is thoughtfully designed for the home chef and opens seamlessly into the spacious living area, where patio doors lead to a unique...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys18
Total Finished Area556.6 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard • Hot Water
CoolingNone
ParkingUnderground
ExteriorBalcony
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$342After mortgage & expenses
Cap Rate2.3%Based on market rents
Cash on Cash Return-10.8%With 20% down payment
Est. Monthly Rent$1,024Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

EAU CLAIRE

Strong Investment
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Investment Score81/100
Avg Home Price$774K
Active Listings28
Listed by Angora Lam · Kingsland Realty