$360,000

Residential · MLS® A2284738
2Bedrooms
2Bathrooms
921.2Sq Ft
1Garage
2004Year Built
02 / Overview

PROPERTY OVERVIEW

** OPEN HOUSE SUNDAY MARCH 1st 1-3 PM ** Truly a phenomenal, exceptionally walkable location for this 2 bedroom, 2 bathroom condo spread over 921 square ft with titled underground parking and a large storage locker. Enjoy the downtown lifestyle just steps to trendy 17th Ave with shops and an array of restaurants and pubs. Walk or bike downtown, along the Bow River, and the many tranquil river pathways. Plus, just a short walk to the heart of Marda Loop...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area921.2 sq ft
ZoningM-C2
HeatingIn Floor • Fireplace(s)
CoolingNone
ParkingParkade • Titled • Underground
ExteriorBalcony
Year Built2004
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$505After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.4%With 20% down payment
Est. Monthly Rent$1,712Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LOWER MOUNT ROYAL

Strong Investment
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Investment Score76/100
Avg Home Price$438K
Active Listings19
Listed by Natasha Serrurier · BECK Real Estate Ltd.