Active

DOWNTOWN EAST VILLAGE

409, 550 Riverfront Avenue Se, Calgary, AB

$249,900

Residential · MLS® A2294449
1Bedrooms
2Bathrooms
584.9Sq Ft
1Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to FIRST, a modern and stylish condominium in the heart of Calgary’s vibrant East Village. This thoughtfully designed one-bedroom, one-and-a-half-bathroom home offers a functional layout, quality finishes, and plenty of natural light.

Upon entering, you are welcomed by a practical foyer featuring in-suite laundry and a well-appointed 2-piece guest bathroom. The open-concept living area highlights 9-foot ceilings, large windows, and contemporary finishes that create a bright and inviting space.

The modern kitchen is designed for both functionality and style, showcasing quartz...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys18
Total Finished Area584.9 sq ft
ZoningCC-EMU
HeatingForced Air
CoolingNone
ParkingTitled • Underground
ExteriorBalcony • Courtyard • Lighting
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$673After mortgage & expenses
Cap Rate1.2%Based on market rents
Cash on Cash Return-16.2%With 20% down payment
Est. Monthly Rent$1,074Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN EAST VILLAGE

Strong Investment
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Investment Score77/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Nosa Igbinosa · Real Broker