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SOUTH CANMORE

3, 717 7th Street E, Canmore, AB

$624,900

Residential · MLS® A2295433
1Bedrooms
1Bathrooms
768.69Sq Ft
1Garage
1992Year Built
02 / Overview

PROPERTY OVERVIEW

This one bedroom, one bath condo is located in charming St. Michaels Place, a well built 12 unit condo complex located only a block from Main Street in downtown Canmore. Unit 3 is a quiet ground level residence featuring its own private front door entry off a welcoming courtyard. Inside you will find a bright and spacious single level layout. Recent upgrades include beautiful engineered hardwood flooring and durable linoleum. The open concept kitchen, dining and living area are ideal...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeFive Plus
Storeys2
Total Finished Area768.69 sq ft
Lot Size13,068 sq ft
ZoningR4
HeatingForced Air • Natural Gas
CoolingNone
ParkingAssigned • Parking Pad
ExteriorBalcony • Courtyard • Garden • Private Entrance
BasementNone
Year Built1992
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,642After mortgage & expenses
Cap Rate1.3%Based on market rents
Cash on Cash Return-15.8%With 20% down payment
Est. Monthly Rent$1,395Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SOUTH CANMORE

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Investment ScoreN/A
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Listed by Pat Zawada · Century 21 Nordic Realty