01 / Property Detail

CASTLERIDGE

228 Castleridge Drive Ne, Calgary, AB

$489,900

Residential · MLS® A2290793
5Bedrooms
3Bathrooms
1,025.6Sq Ft
2Garage
1984Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this great bi-level single-family home located in the desirable Castleridge community of Calgary NE. Offering approximately 1,925 sq. ft. of total livable space, this property provides excellent flexibility for families or investors. The main floor features 2 large bedrooms and 1 fully renovated bathroom, an open-concept layout with a spacious living and dining area, and a bright kitchen with ample cabinetry and stainless steel appliances. Laminate flooring throughout the main level and abundant natural light create a warm...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHouse
Total Finished Area1,025.6 sq ft
Lot Size4,068 sq ft
ZoningR-CG
HeatingFireplace(s) • Forced Air • Natural Gas
CoolingNone
ParkingSingle Garage Detached
ExteriorOther • Playground • Private Yard • Storage
BasementFull
Year Built1984
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$126After mortgage & expenses
Cap Rate4.2%Based on market rents
Cash on Cash Return-1.5%With 20% down payment
Est. Monthly Rent$2,045Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CASTLERIDGE

Moderate Investment
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Investment Score67/100
Avg Home Price$483K
Active Listings17
Listed by Sam Geram-Fard · RE/MAX Real Estate (Mountain View)