01 / Property Detail

ARBOUR LAKE

2218, 1010 Arbour Lake Road Nw, Calgary, AB

$279,900

Residential · MLS® A2291336
1Bedrooms
1Bathrooms
633.52Sq Ft
1Garage
1999Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this absolutely stunning and incredibly affordable 1-bedroom + den apartment in the highly sought-after lake community of Arbour Lake in NW Calgary. Perfectly positioned facing a peaceful green space with beautiful downtown views, this bright and inviting unit offers an ideal combination of comfort, functionality, and lifestyle.

As you enter the home, you’re welcomed into a spacious foyer that immediately showcases the open-concept design and natural flow of the unit. To your right, you’ll find a large den enclosed...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area633.52 sq ft
ZoningSR
HeatingCentral • Hot Water • Natural Gas
CoolingNone
ParkingParkade • Stall • Underground
ExteriorBalcony
Year Built1999
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$735After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-15.8%With 20% down payment
Est. Monthly Rent$1,159Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ARBOUR LAKE

Moderate Investment
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Investment Score62/100
Avg Home Price$571K
Active Listings20
Listed by Clay Brunette · RE/MAX House of Real Estate