Active

MIDNAPORE

122, 860 Midridge Drive Se, Calgary, AB

$269,900

Residential · MLS® A2291482
2Bedrooms
1Bathrooms
863.55Sq Ft
1Garage
1979Year Built
02 / Overview

PROPERTY OVERVIEW

Rare opportunity to own in the highly sought-after lake community of Midnapore, backing onto the natural beauty of Fish Creek Park. This quiet concrete building offers a lifestyle that is hard to find, combining peaceful surroundings with convenient access to every amenity.

Inside, you’ll appreciate the bright and open floor plan, enhanced by large windows that fill the space with natural light. The inviting living room features a cozy wood-burning fireplace, perfect for Calgary’s winter evenings, while the private balcony provides...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area863.55 sq ft
ZoningM-CG d29
HeatingBaseboard
CoolingNone
ParkingAssigned • Stall
ExteriorBalcony
BasementNone
Year Built1979
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$273After mortgage & expenses
Cap Rate3.3%Based on market rents
Cash on Cash Return-6.1%With 20% down payment
Est. Monthly Rent$1,611Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MIDNAPORE

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Kathy Thirsk · RE/MAX First