$245,000

Residential · MLS® A2288798
2Bedrooms
1Bathrooms
871.2Sq Ft
1Garage
1981Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Silverwood on the Park, an 18+ building ideally located in the heart of Bowness. This bright and beautifully maintained 2-bedroom, 1-bathroom condo offers sweeping east-facing views and an abundance of natural light throughout the day. The spacious living and dining area provides plenty of room to relax or entertain, all while enjoying the sunny exposure and open outlook. The functional kitchen offers ample cabinetry and workspace, while the updated bathroom adds a fresh, modern touch. Updated laminate flooring...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys7
Total Finished Area871.2 sq ft
ZoningC-COR2 f3.0h46
HeatingBaseboard • Natural Gas
CoolingNone
ParkingAssigned • Parkade • Underground
ExteriorNone
Year Built1981
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$275After mortgage & expenses
Cap Rate3.1%Based on market rents
Cash on Cash Return-6.7%With 20% down payment
Est. Monthly Rent$1,625Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BOWNESS

Moderate Investment
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Investment Score65/100
Avg Home Price$843K
Active Listings41
Listed by Christopher Duffy · RE/MAX First