01 / Property Detail
GLENBOW
1108, 625 Glenbow Drive , Cochrane, AB
$275,000
Residential · MLS® A22912361Bedrooms
1Bathrooms
591.5Sq Ft
1Garage
2013Year Built
02 / Overview
PROPERTY OVERVIEW
INVESTOR ALERT: This inviting 1-bedroom unit, featuring a den and underground parking, currently has a long-term tenant who has been in residence for 8 years and wishes to remain. Located on the main floor, the apartment provides 591 square feet of comfortable living space, including a spacious primary bedroom, den, in-suite laundry, a four-piece bathroom, and an upgraded kitchen with granite countertops. Guests will find plenty of parking available, while the tenant enjoys secure underground parking.
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area591.5 sq ft
Lot Size590 sq ft
ZoningR-HD
HeatingRadiant
CoolingNone
ParkingHeated Garage • Underground
ExteriorBalcony
Year Built2013
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$469After mortgage & expenses
Cap Rate2.4%Based on market rents
Cash on Cash Return-10.2%With 20% down payment
Est. Monthly Rent$1,085Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
GLENBOW
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Chris Stewart · RE/MAX West Real Estate