Active

LINCOLN PARK

233, 22 Richard Place Sw, Calgary, AB

$325,000

Residential · MLS® A2293897
2Bedrooms
2Bathrooms
922Sq Ft
2Garage
2002Year Built
02 / Overview

PROPERTY OVERVIEW

Stop renting and start building equity in a home that truly has it all. Perfectly located just steps from Mount Royal University, this beautifully updated 2 bedroom + den, 2 bathroom condo offers incredible value—including the rare bonus of TWO titled underground parking stalls conveniently located near the elevator. Whether you're a student, investor, first-time buyer, or downsizer, this is the opportunity you’ve been waiting for.

Inside, you’re welcomed by a bright and inviting open-concept living space filled with natural light...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area922 sq ft
ZoningM-C2
HeatingBaseboard • Hot Water • Natural Gas
CoolingNone
ParkingTitled • Underground
ExteriorBalcony • BBQ gas line • Courtyard
Year Built2002
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$529After mortgage & expenses
Cap Rate2.5%Based on market rents
Cash on Cash Return-9.8%With 20% down payment
Est. Monthly Rent$1,714Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

LINCOLN PARK

Strong Investment
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Investment Score79/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Robyn Schidlowsky · LPT Realty