01 / Property Detail

SADDLE RIDGE

409, 5 Saddlestone Way Ne, Calgary, AB

$223,000

Residential · MLS® A2290867
2Bedrooms
1Bathrooms
710Sq Ft
1Garage
2014Year Built
02 / Overview

PROPERTY OVERVIEW

Discover the perfect home in this charming 2-bedroom, 1-bathroom condo, built in 2014 and ideally located in the vibrant Saddleridge community. This property is an excellent opportunity for investors seeking a lucrative addition to their portfolio, first-time home buyers ready to take their first step into homeownership, or young couples looking for a cozy and convenient place to start their life together. The condo

features a thoughtful design that maximizes space and comfort, making it an attractive option for those beginning...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area710 sq ft
ZoningM-2
HeatingBaseboard
CoolingNone
ParkingTitled • Underground
ExteriorBalcony
Year Built2014
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$47After mortgage & expenses
Cap Rate4.2%Based on market rents
Cash on Cash Return-1.3%With 20% down payment
Est. Monthly Rent$1,343Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SADDLE RIDGE

Moderate Investment
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Investment Score71/100
Avg Home Price$546K
Active Listings106
Listed by Kice Tanha · Century 21 Bravo Realty