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DISCOVERY RIDGE

211, 20 Discovery Ridge Close Sw, Calgary, AB

$494,900

Residential · MLS® A2285520
2Bedrooms
2Bathrooms
1,276.4Sq Ft
1Garage
2006Year Built
02 / Overview

PROPERTY OVERVIEW

This 1276 sq ft condo is in one of the most sought after locations in the Wedgewoods and is one of the few units that have a den/office as well as 2 bedrooms. Backing south and east into Griffith Woods, the size of home is ideal for anyone thinking of downsizing into a condo. The primary bedroom has a large ensuite bath with a soaker tub, a walk in closet as well as 2nd closet. The open design gives you...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area1,276.4 sq ft
ZoningDC (pre 1P2007)
HeatingBoiler • Fireplace(s) • Hot Water • Natural Gas • See Remarks
CoolingNone
ParkingParkade • Stall • Underground
ExteriorBalcony
Year Built2006
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$940After mortgage & expenses
Cap Rate2.2%Based on market rents
Cash on Cash Return-11.4%With 20% down payment
Est. Monthly Rent$2,334Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DISCOVERY RIDGE

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by David Kube · Calgary West Realty