01 / Property Detail

SOMERSET

116, 3000 Somervale Court Sw, Calgary, AB

$278,800

Residential · MLS® A2283164
2Bedrooms
1Bathrooms
842.17Sq Ft
1Garage
2001Year Built
02 / Overview

PROPERTY OVERVIEW

Bright and well-maintained main-floor 2-bedroom condo with a desirable south-facing patio and an exceptionally convenient location. This open-concept home is filled with natural light and offers a comfortable, functional layout for everyday living. The updated kitchen features quartz countertops, refreshed cabinetry, a new cooktop, and stainless steel appliances (approximately two years old), complemented by modern LED lighting throughout. The in-suite stacked washer and dryer are only one year old, providing added convenience. The updated bathroom includes quartz countertops, a newer...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area842.17 sq ft
Zoning M-C2 d75
HeatingBaseboard
CoolingNone
ParkingUnderground
ExteriorNone
Year Built2001
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$215After mortgage & expenses
Cap Rate3.5%Based on market rents
Cash on Cash Return-4.6%With 20% down payment
Est. Monthly Rent$1,574Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOMERSET

Strong Investment
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Investment Score79/100
Avg Home Price$389K
Active Listings15
Listed by Xing Wen Li · Homecare Realty Ltd.