$399,900

Residential · MLS® A2288167
2Bedrooms
2Bathrooms
1,046.38Sq Ft
1Garage
2023Year Built
02 / Overview

PROPERTY OVERVIEW

Discover refined living at this bright and beautifully maintained NW corner unit in Riverstone Manor offering over 1,040 sq ft of intelligently designed living space and one of the most private positions in the entire building. With only one shared wall and expansive windows wrapping the corner, natural light pours in throughout the day, creating an airy, refined atmosphere that feels more like a bungalow than a condo.

Featuring 2 generous bedrooms, 2 full bathrooms, and a full sized laundry room,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,046.38 sq ft
ZoningM-1
HeatingBaseboard • Electric
CoolingWall Unit(s)
ParkingTitled • Underground
ExteriorBalcony • BBQ gas line • Courtyard
BasementNone
Year Built2023
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$772After mortgage & expenses
Cap Rate2.1%Based on market rents
Cash on Cash Return-11.6%With 20% down payment
Est. Monthly Rent$1,931Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CRANSTON

Moderate Investment
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Investment Score71/100
Avg Home Price$695K
Active Listings48
Listed by Chelsea Taylor · Engel & Völkers Calgary