Active

UPPER MOUNT ROYAL

502, 823 Royal Avenue Sw, Calgary, AB

$499,000

Residential · MLS® A2289392
1Bedrooms
2Bathrooms
1,434Sq Ft
1Garage
1962Year Built
02 / Overview

PROPERTY OVERVIEW

Discover the perfect blend of tranquility and city living in this TOP FLOOR, END UNIT, QUIET, CONCRETE condo offering unobstructed skyline VIEWS! Just steps from the vibrant cafés, boutiques, and restaurants of 4th Street, 17th Avenue, and the scenic Elbow River Pathways, this home places the best of Calgary right at your doorstep while giving you a peaceful retreat above it all.

Inside, you’re welcomed by a spacious 1,434 sq ft OPEN CONCEPT layout bathed in natural light. Beautiful SITE FINISHED...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area1,434 sq ft
ZoningM-C2
HeatingBaseboard • Electric
CoolingNone
ParkingHeated Garage • Parkade
ExteriorBalcony
Year Built1962
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$947After mortgage & expenses
Cap Rate2.2%Based on market rents
Cash on Cash Return-11.4%With 20% down payment
Est. Monthly Rent$2,560Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

UPPER MOUNT ROYAL

Moderate Investment
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Investment Score70/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Mary-Lou McCormick · RE/MAX Realty Professionals