Active

DISCOVERY RIDGE

101, 20 Discovery Ridge Close Sw, Calgary, AB

$309,000

Residential · MLS® A2294771
1Bedrooms
1Bathrooms
736Sq Ft
1Garage
2006Year Built
02 / Overview

PROPERTY OVERVIEW

Tucked away in the upscale neighbourhood of Discovery Ridge, this beautifully updated 1-bedroom condo has so much to offer. With an open concept design, 9 foot ceilings, and new laminate and tile flooring (2024), this spacious unit exudes a welcoming feeling for both relaxation and entertaining. The gourmet kitchen has plenty of cabinet space, a breakfast bar, and features stainless steel appliances. West-facing windows shower the living and dining space with warm, natural light, while a gas fireplace brings an...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys5
Total Finished Area736 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard • Hot Water
CoolingNone
ParkingHeated Garage • Secured • Titled • Underground
ExteriorBalcony • BBQ gas line
Year Built2006
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$818After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-15.9%With 20% down payment
Est. Monthly Rent$1,338Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DISCOVERY RIDGE

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Karen Weinstein · Rentch Real Estate