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SPRUCE CLIFF

2202, 55 Spruce Place Sw, Calgary, AB

$524,900

Residential · MLS® A2293165
2Bedrooms
2Bathrooms
993Sq Ft
2Garage
2011Year Built
02 / Overview

PROPERTY OVERVIEW

A rare opportunity to own a corner penthouse with sweeping downtown views and beautiful morning sun. Perfectly positioned with east and north exposure, this bright and spacious two-bedroom, two-bathroom residence captures stunning sunrise light and breathtaking views of Downtown Calgary and the Shaganappi Golf Course through expansive wrap-around windows. The thoughtfully designed open-concept layout features new hardwood and tile flooring, creating a clean and modern feel throughout. The kitchen offers granite countertops and excellent functionality, perfect for everyday living...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys22
Total Finished Area993 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard • Fireplace(s) • Natural Gas
CoolingCentral Air
ParkingHeated Garage • Secured • See Remarks • Titled • Underground
ExteriorBalcony • Other • Playground • Storage
Year Built2011
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,378After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-15.8%With 20% down payment
Est. Monthly Rent$1,838Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SPRUCE CLIFF

Strong Investment
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Investment Score81/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Brandon Harris · Boutique Real Estate Group Inc.