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DISCOVERY RIDGE

341, 20 Discovery Ridge Close Sw, Calgary, AB

$329,900

Residential · MLS® A2290041
1Bedrooms
1Bathrooms
742.1Sq Ft
1Garage
2006Year Built
02 / Overview

PROPERTY OVERVIEW

Beautifully updated 1-bedroom condo in the quiet Wedgewoods complex in desirable Discovery Ridge, just steps from parks, shops, walking paths, and the scenic Elbow River. This bright west facing unit features 9’ ceilings and numerous upgrades completed in fall of 2023 including new luxury carpet, wood luxury vinyl flooring, fresh paint on the walls and ceiling, quartz countertops, new kitchen tile, stainless steel appliances, new sinks and faucets in the kitchen and bathroom, new toilet, and a garburator. The gas...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area742.1 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard
CoolingNone
ParkingTitled • Underground
ExteriorNone
Year Built2006
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$924After mortgage & expenses
Cap Rate1.1%Based on market rents
Cash on Cash Return-16.8%With 20% down payment
Est. Monthly Rent$1,349Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DISCOVERY RIDGE

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Alena Tsybouk · Royal LePage Blue Sky