$459,900

Residential · MLS® A2290222
2Bedrooms
1Bathrooms
788.6Sq Ft
1Garage
2014Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to The Block, one of Calgary’s most architecturally distinctive communities just off vibrant 17th Avenue. Designed by Sturgess Architecture and built by Avi Urban, this boutique development is known for its rare private courtyard concept — each residence opens directly to the outdoors, creating a sense of community, privacy, and independence that’s truly unmatched in the downtown core.This top-floor penthouse loft is one of the most desirable suites in the complex. Soaring 14’ vaulted ceilings and hardwood floors throughout...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area788.6 sq ft
ZoningM-C2
HeatingIn Floor
CoolingWall Unit(s)
ParkingParkade • Titled
ExteriorBalcony
Year Built2014
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,106After mortgage & expenses
Cap Rate1.6%Based on market rents
Cash on Cash Return-14.4%With 20% down payment
Est. Monthly Rent$1,480Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LOWER MOUNT ROYAL

Strong Investment
Loading map...
Investment Score76/100
Avg Home Price$438K
Active Listings19
Listed by Anne Clarke-Davidson · Real Estate Professionals Inc.