$249,900

Residential · MLS® A2286893
1Bedrooms
1Bathrooms
556.92Sq Ft
0Garage
1962Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to The Modella, a charming boutique building tucked away on a quiet, tree-lined street in the heart of Lower Mount Royal, one of Calgary’s most desirable inner-city communities. This beautifully appointed former show suite offers 557 sq. ft. of thoughtfully designed living space, perfect for first-time buyers, young professionals, or investors seeking a stylish, turnkey property in an unbeatable location. From the moment you step inside, you’ll appreciate the bright, open-concept layout and the warm, modern finishes throughout. The...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area556.92 sq ft
ZoningM-C2
HeatingBaseboard
CoolingNone
ParkingOff Street • On Street • Parkade • See Remarks
ExteriorBalcony
Year Built1962
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$504After mortgage & expenses
Cap Rate2.0%Based on market rents
Cash on Cash Return-12.1%With 20% down payment
Est. Monthly Rent$1,025Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LOWER MOUNT ROYAL

Moderate Investment
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Investment Score72/100
Avg Home Price$438K
Active Listings19
Listed by Justin Warthe · Real Broker