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RIDEAU PARK

401, 3316 Rideau Place Sw, Calgary, AB

$299,000

Residential · MLS® A2291467
1Bedrooms
1Bathrooms
753.36Sq Ft
1Garage
1955Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to Rideau Towers! Introducing this one-bedroom, one-bathroom corner unit perched on the 4th floor, with natural privacy guarded by trees. Thoughtful and unique open layout between the kitchen and living room featuring stainless steel appliances, ample cabinet space, tile flooring and easy flow for everyday living and entertaining. Generously sized bedroom and a well-appointed bathroom complete the comfortable interior. The unique corner unit allows SW light exposure to flow through the kitchen window giving it a brighter...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys7
Total Finished Area753.36 sq ft
ZoningM-H2
HeatingBaseboard • Hot Water • Natural Gas
CoolingNone
ParkingAssigned • Off Street • Stall
ExteriorBalcony
Year Built1955
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$793After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-15.9%With 20% down payment
Est. Monthly Rent$1,368Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RIDEAU PARK

Strong Investment
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Investment Score83/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Derrick Newman · CIR Realty