$425,000

Residential · MLS® A2289328
2Bedrooms
2Bathrooms
918Sq Ft
2Garage
2022Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Auburn Rise! Here’s your rare opportunity to own THE BEST UNIT in the building in one of Calgary’s few LAKE communities; A TOP FLOOR, CORNER UNIT featuring TWO BEDROOMS, TWO FULL BATHROOMS, AIR-CONDITIONING and underground parking for TWO VEHICLES! This beautiful building is part of a well-managed complex offering modern style and contemporary finishes that rival most condos in the City, and built only 4 years ago. Step into Unit 406 and you’re welcomed with tall 9-foot ceilings...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area918 sq ft
ZoningM-2 d210
HeatingBaseboard • Hot Water
CoolingCentral Air
ParkingOff Street • Parkade • Secured • Stall • Tandem • Titled • Underground
ExteriorBalcony • BBQ gas line
Year Built2022
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,139After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-16.1%With 20% down payment
Est. Monthly Rent$1,707Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

AUBURN BAY

Moderate Investment
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Investment Score73/100
Avg Home Price$557K
Active Listings50
Listed by Chris Migallo · Stonemere Real Estate Solutions