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RIDEAU PARK

402, 3204 Rideau Place Sw, Calgary, AB

$385,000

Residential · MLS® A2287581
1Bedrooms
1Bathrooms
579.46Sq Ft
1Garage
1955Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to the King of the Castle at Rideau Towers!! One of Calgary’s greatest hidden gems. Perfectly perched in an unbeatable inner-city location, this beautifully reimagined residence blends timeless character with modern sophistication in a fully accessible building rich with history.

Step inside to a bright, open-concept living space filled with natural light from expansive south-facing windows. Elegant raised paneling and wide luxury vinyl plank flooring create a refined yet inviting atmosphere throughout. The thoughtfully redesigned kitchen is a culinary dream,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys7
Total Finished Area579.46 sq ft
ZoningM-H2
HeatingHot Water
CoolingNone
ParkingUnderground
ExteriorBalcony
Year Built1955
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,207After mortgage & expenses
Cap Rate0.7%Based on market rents
Cash on Cash Return-18.8%With 20% down payment
Est. Monthly Rent$1,064Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RIDEAU PARK

Strong Investment
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Investment Score83/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Kris Paul · Real Broker