$445,000

Residential · MLS® A2288175
2Bedrooms
2Bathrooms
660.5Sq Ft
0Garage
2024Year Built
02 / Overview

PROPERTY OVERVIEW

VACANT UNIT, CLEAN AND READY FOR QUICK POSSESSION! This brand-new 2-bedroom, 2-bathroom condo in First & Park by Graywood Developments is the perfect hands-off investment opportunity in one of Calgary’s most desirable neighbourhoods. Currently leased, the unit offers immediate rental income and long-term upside in a location with consistently strong tenant demand. Perched on the 13th floor, the condo features panoramic views of the Bow River, Peace Bridge, and downtown skyline — a true highlight that sets it apart in...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys18
Total Finished Area660.5 sq ft
ZoningDC
HeatingForced Air
CoolingCentral Air
ParkingOff Street
ExteriorBalcony
Year Built2024
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,171After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-15.8%With 20% down payment
Est. Monthly Rent$1,256Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

EAU CLAIRE

Strong Investment
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Investment Score75/100
Avg Home Price$774K
Active Listings28
Listed by Sean Na · MaxWell Canyon Creek