01 / Property Detail

MILLRISE

1409, 1000 Millrise Point Sw, Calgary, AB

$474,999

Residential · MLS® A2282696
2Bedrooms
2Bathrooms
1,495.3Sq Ft
2Garage
1999Year Built
02 / Overview

PROPERTY OVERVIEW

Top floor 1495 sq. ft bungalow (all on one floor) plan. First time offered by this original owner and located in the extremely well managed adult 45+ Millrise Point community. Many upgrades including a large custom kitchen with both the cabinets and pantry featuring pull out drawers for storage and special built in custom spice racks. Note the counters have been lowered 1” to accommodate shorter chefs. All the kitchen appliances plus the washer, dryer and freezer in that massive...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,495.3 sq ft
ZoningM-C2 d118
HeatingBaseboard
CoolingNone
ParkingUnderground
ExteriorBalcony
Year Built1999
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$316After mortgage & expenses
Cap Rate3.7%Based on market rents
Cash on Cash Return-4.0%With 20% down payment
Est. Monthly Rent$2,717Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MILLRISE

Moderate Investment
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Investment Score72/100
Avg Home Price$521K
Active Listings9
Listed by Grant Geddes · CIR Realty