01 / Property Detail

UNIVERSITY DISTRICT

102, 3125 39 Street Nw, Calgary, AB

$490,000

Residential · MLS® A2290927
2Bedrooms
3Bathrooms
906.01Sq Ft
1Garage
2018Year Built
02 / Overview

PROPERTY OVERVIEW

Possibly the best location on the block. A rare opportunity to own a two-level end unit apartment in Calgary’s award-winning University District. As a coveted end unit, this home enjoys more sunlight with extra windows on the main and upper floors. Surrounded by trees and offering partial unobstructed views of University Ave, this residence puts you in the heart of the action while still a block away from main street for privacy and outdoor relaxation. Enjoy two distinct south-facing outdoor...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area906.01 sq ft
ZoningM-2
HeatingBaseboard • Boiler • Natural Gas
CoolingNone
ParkingParkade • Stall • Underground
ExteriorBalcony • Other • Private Entrance
Year Built2018
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,213After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-14.9%With 20% down payment
Est. Monthly Rent$1,686Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

UNIVERSITY DISTRICT

Premium Investment
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Investment Score89/100
Avg Home Price$463K
Active Listings27
Listed by PJ Forrayi · TREC The Real Estate Company