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SPRUCE CLIFF

404, 4 Hemlock Crescent Sw, Calgary, AB

$1,225,000

Residential · MLS® A2285983
3Bedrooms
2Bathrooms
2,084.43Sq Ft
2Garage
2007Year Built
02 / Overview

PROPERTY OVERVIEW

The top of the building is a small club. And membership is limited. Perched above the walking paths, stretching over the golf course and into the city skyline beyond, this 2,084 sqft penthouse isn’t just space — it’s presence. The sheer size checks the boxes and the 3 bedroom layout seals the deal. Transition from a life of cutting grass + shovelling snow to a lifestyle of sitting back + enjoying the ease of condo living. Over $100,000 has been...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area2,084.43 sq ft
ZoningM-C2 d142
HeatingForced Air
CoolingNone
ParkingUnderground
ExteriorBalcony
Year Built2007
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$3,053After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-15.0%With 20% down payment
Est. Monthly Rent$3,798Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SPRUCE CLIFF

Strong Investment
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Investment Score79/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Joel Gwillim · CIR Realty