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UNIVERSITY DISTRICT

312, 3932 University Avenue Nw, Calgary, AB

$312,000

Residential · MLS® A2285829
1Bedrooms
1Bathrooms
501Sq Ft
0Garage
2024Year Built
02 / Overview

PROPERTY OVERVIEW

Discover a fantastic opportunity to own or invest in this 1-bedroom, 1-bathroom condo located at Argyle in the heart of the University District. Just an 8-minute walk to the University of Calgary, this home offers unbeatable convenience and lifestyle appeal.

The unit features 9’ ceilings, luxury vinyl plank flooring, quartz countertops, and contemporary shaker-style cabinetry with soft-close drawers. Additional highlights include a generous laundry room, roller window shades, modern LED lighting, and air-conditioning rough-in. Step onto the large balcony equipped with...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys6
Total Finished Area501 sq ft
ZoningDC
HeatingBaseboard
CoolingCentral Air
ParkingNone
ExteriorBalcony • BBQ gas line
Year Built2024
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$753After mortgage & expenses
Cap Rate1.6%Based on market rents
Cash on Cash Return-14.5%With 20% down payment
Est. Monthly Rent$927Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

UNIVERSITY DISTRICT

Premium Investment
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Investment Score100/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Ay Amodu · eXp Realty