Active

LINCOLN PARK

205, 35 Richard Court Sw, Calgary, AB

$214,900

Residential · MLS® A2291360
1Bedrooms
1Bathrooms
448Sq Ft
1Garage
2003Year Built
02 / Overview

PROPERTY OVERVIEW

This stylish 1-bedroom, 1-bathroom condo in the sought-after Morgan building offers the perfect turnkey opportunity in the heart of Lincoln Park. Freshly updated with paint and new laminate flooring, the unit feels bright and modern from the moment you walk in. The functional kitchen is a true standout, featuring full-height cabinetry for ample storage and new backsplash, flowing seamlessly into an open-concept living area anchored by a cozy gas fireplace. Step outside to the great private patio, where...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area448 sq ft
ZoningM-H1 d321
HeatingBaseboard
CoolingNone
ParkingParkade • Stall • Titled • Underground
ExteriorBalcony
Year Built2003
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$502After mortgage & expenses
Cap Rate1.7%Based on market rents
Cash on Cash Return-14.0%With 20% down payment
Est. Monthly Rent$834Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LINCOLN PARK

Strong Investment
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Investment Score79/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Alex Jens · RE/MAX First