$229,900

Residential · MLS® A2289478
1Bedrooms
1Bathrooms
503.39Sq Ft
1Garage
2023Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to lakeside living in Auburn Bay, one of Calgary’s most vibrant and amenity-rich communities! This 1-bedroom, 1-bathroom condo on the 3rd floor is an excellent opportunity for first-time buyers, downsizers, or investors seeking a modern, low-maintenance lifestyle in a highly desirable location. Built in 2023 and located in Auburn Rise, this bright single-level unit offers 503.39 sq. ft. of thoughtfully designed living space with luxury finishes and an efficient open layout. The kitchen features quartz countertops, stainless steel appliances,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area503.39 sq ft
ZoningM-2 d210
HeatingBaseboard
CoolingCentral Air
ParkingStall
ExteriorCourtyard
Year Built2023
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$849After mortgage & expenses
Cap Rate0.0%Based on market rents
Cash on Cash Return-22.1%With 20% down payment
Est. Monthly Rent$931Based 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 Alex Sazanovich · CIR Realty