Active

RIDEAU PARK

107, 3204 Rideau Place Sw, Calgary, AB

$394,900

Residential · MLS® A2293094
1Bedrooms
1Bathrooms
734Sq Ft
1Garage
1955Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this stunning, one-of-a-kind, luxury apartment in the highly desirable Rideau Towers. A little over two years ago, this unit was completely stripped down and redesigned into a gorgeous executive condo using top-of-the-line finishes throughout. This is a $200,000+ renovation!!!! Perfect as a corporate rental unit for visiting employees, a young professional couple who want to be close to the trendy 4th Street amenities, or someone with mobility needs. Upon entering you’ll feel the luxury of the beautiful and...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys7
Total Finished Area734 sq ft
ZoningM-H2
HeatingBoiler • Hot Water • Natural Gas • Radiant
CoolingNone
ParkingAssigned • Plug-In • Stall
ExteriorCourtyard • Playground
Year Built1955
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,131After mortgage & expenses
Cap Rate1.0%Based on market rents
Cash on Cash Return-17.2%With 20% down payment
Est. Monthly Rent$1,335Based 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 Enzo DiPietro · RE/MAX House of Real Estate