01 / Property Detail

VARSITY

804, 4603 Varsity Drive Nw, Calgary, AB

$548,000

Residential · MLS® A2291609
2Bedrooms
2Bathrooms
1,690Sq Ft
2Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

Penthouse condominium home in the lovely Varsity Towers. This top floor unit provides a beautiful living space and expansive distant views to the south and west that include the mountains, an overlook of Varsity, and the Bow River valley. Excellent floor plan that provides an open plan and comfortable divided spaces. A Large kitchen with granite counters and quality built-in appliances connects to a lovely sunroom with views to the south and west. The generous living...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys8
Total Finished Area1,690 sq ft
ZoningM-H1
HeatingBaseboard
CoolingWall/Window Unit(s)
ParkingParkade • Secured • Underground
ExteriorBarbecue • Courtyard • Garden
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,019After mortgage & expenses
Cap Rate2.2%Based on market rents
Cash on Cash Return-11.2%With 20% down payment
Est. Monthly Rent$3,058Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VARSITY

Strong Investment
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Investment Score76/100
Avg Home Price$867K
Active Listings42
Listed by Vaughan Mealey · Cornerstone Real Estate Group