01 / Property Detail

WINDSOR PARK

1, 710 56 Avenue Sw, Calgary, AB

$580,000

Residential ยท MLSยฎ A2291634
2Bedrooms
4Bathrooms
1,228Sq Ft
1Garage
2005Year Built
02 / Overview

PROPERTY OVERVIEW

Wonderful home in move-in condition! Although technically a condo, there are only 4 corner units and they are self managed. Exceptionally convenient as the exterior maintenance is completely taken care of with low monthly fees. This unit is south facing which keeps it bright and sunny all year round. There is a private front patio to enjoy summer outdoor living. The home itself boasts 2 bedrooms and 2 baths and laundry up, an open...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFour Plex
Total Finished Area1,228 sq ft
ZoningDC (pre 1P2007)
HeatingForced Air
CoolingCentral Air
ParkingSingle Garage Detached
ExteriorPrivate Yard
BasementFull
Year Built2005
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$571After mortgage & expenses
Cap Rate3.3%Based on market rents
Cash on Cash Return-5.9%With 20% down payment
Est. Monthly Rent$2,249Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

WINDSOR PARK

Moderate Investment
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Investment Score73/100
Avg Home Price$653K
Active Listings21
Listed by Richard Kim ยท RE/MAX House of Real Estate