Active

MILLRISE

427, 11 Millrise Drive Sw, Calgary, AB

$370,000

Residential · MLS® A2286441
2Bedrooms
2Bathrooms
875Sq Ft
2Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

What if I told you… this top-floor unit in Millrise is the kind of condo that quietly sells before you even hear about it!

Welcome to unit 427 in Canvas at Millrise. A beautifully updated 2-bedroom, 2-bathroom condo offering 875 square feet of smart, functional living… and the kind of upgrades you don’t typically see at this price point.

The moment you walk in, you feel it. Freshly painted from top to bottom. Luxury vinyl plank flooring throughout. And here’s something you...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area875 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard • Natural Gas
CoolingCentral Air
ParkingUnderground
ExteriorBalcony • Storage
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$690After mortgage & expenses
Cap Rate2.2%Based on market rents
Cash on Cash Return-11.2%With 20% down payment
Est. Monthly Rent$1,631Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MILLRISE

Moderate Investment
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Investment Score62/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Mike Abou Daher · Real Broker