01 / Property Detail
SOMERSET
107, 5500 Somervale Court Sw, Calgary, AB
$259,000
Residential · MLS® A22912632Bedrooms
1Bathrooms
849.52Sq Ft
1Garage
2003Year Built
02 / Overview
PROPERTY OVERVIEW
NOT an age restricted building! Wonderful, spacious 2-bedroom ground floor unit with underground titled parking. This open-concept home offers a comfortable, functional layout for everyday living. New fresh paintings, new flooring. Large bedrooms, master with a walk-in closet. Sliding doors off the living room lead to a large covered concrete patio. In-suite washer / dryer. In-suite storage room. Heated underground parking stall included. Condo fees include heat, water, AND electricity! Steps to the Somerset–Bridlewood LRT Station and within walking distance...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area849.52 sq ft
ZoningM-C2 d75
HeatingBaseboard
CoolingNone
ParkingTitled • Underground
ExteriorNone
Year Built2003
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$238After mortgage & expenses
Cap Rate3.4%Based on market rents
Cash on Cash Return-5.5%With 20% down payment
Est. Monthly Rent$1,587Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SOMERSET
Strong InvestmentLoading map...
Investment Score79/100
Avg Home Price$389K
Active Listings15
Listed by Xing Wen Li · Homecare Realty Ltd.