01 / Property Detail

RED CARPET

1412, 6224 17 Avenue Se, Calgary, AB

$209,900

Residential · MLS® A2282308
2Bedrooms
2Bathrooms
994Sq Ft
1Garage
1999Year Built
02 / Overview

PROPERTY OVERVIEW

This large 2 bedroom, 2 bathroom unit, across from Elliston Park has tons of potential. Spacious and bright. It does need some TLC. Location is great. Close to bus stops, parks, shopping and major routes such as Stoney Trail and 17th Ave. Close to amenities. And the spectacular Elliston Park Fireworks show annually is not to be missed.

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area994 sq ft
ZoningM-C2
HeatingBaseboard • Natural Gas
CoolingNone
ParkingStall
ExteriorBalcony
Year Built1999
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$284After mortgage & expenses
Cap Rate6.1%Based on market rents
Cash on Cash Return8.1%With 20% down payment
Est. Monthly Rent$1,840Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RED CARPET

Moderate Investment
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Investment Score65/100
Avg Home Price$163K
Active Listings10
Listed by Atif Rajan · RE/MAX Real Estate (Mountain View)