01 / Property Detail

DOWNTOWN EAST VILLAGE

405, 624 8 Avenue Se, Calgary, AB

$235,000

Residential · MLS® A2290862
1Bedrooms
1Bathrooms
411Sq Ft
0Garage
2018Year Built
02 / Overview

PROPERTY OVERVIEW

Ever dreamed of living just minutes away from the downtown, in a 1 bedroom (not studio) apartment, in trendy East Village, with the civic heart of the city, City Hall, only 1500 sq ft away, and the Bow River under 1000 ft, and be witness to the transformation of the Stampede grounds into Calgary's foremost entertainment district? Welcome HOME. The INK has been crafted to offer amazing experiences. The kitchen, the heart of any home, will be host...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys15
Total Finished Area411 sq ft
ZoningCC-EPR
HeatingCentral
CoolingCentral Air
ParkingNone • Off Street
ExteriorNone
Year Built2018
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$574After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-14.7%With 20% down payment
Est. Monthly Rent$769Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN EAST VILLAGE

Strong Investment
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Investment Score79/100
Avg Home Price$406K
Active Listings46
Listed by Matthew Dekort · MaxWell Experts Plus Realty