Active

ERLTON

308, 59 22 Avenue Sw, Calgary, AB

$534,900

Residential · MLS® A2293470
2Bedrooms
2Bathrooms
1,467.58Sq Ft
1Garage
2000Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to River Grande Estates, a highly sought-after condominium community located in the heart of Erlton just steps from the Elbow River pathway system and minutes to downtown. This spacious third-floor unit offers 1,467 sq ft of comfortable living space with a well-designed layout featuring 2 bedrooms, a den, and 2 full bathrooms.

The bright and open floor plan includes a generous living and dining area anchored by a cozy gas fireplace and large windows that bring in plenty of...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area1,467.58 sq ft
ZoningM-C2 d219
HeatingIn Floor
CoolingNone
ParkingParkade • Underground
ExteriorBalcony • BBQ gas line • Courtyard
Year Built2000
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$794After mortgage & expenses
Cap Rate2.7%Based on market rents
Cash on Cash Return-8.9%With 20% down payment
Est. Monthly Rent$2,668Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ERLTON

Moderate Investment
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Investment Score72/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Brett Pinder · Century 21 Bamber Realty LTD.