Active

BELTLINE

301, 1500 7 Street Sw, Calgary, AB

$289,900

Residential · MLS® A2296224
1Bedrooms
1Bathrooms
400Sq Ft
1Garage
2013Year Built
02 / Overview

PROPERTY OVERVIEW

This gorgeous condo has it all! The perfect blend of location, lifestyle, and value in this newer building THE DRAKE, situated in the HEART of downtown, the BELTLINE. Your thoughtfully designed unit offers a bright, modern interior paired with low condo fees—making it an ideal choice for both homeowners and investors with an OUTDOOR LIVING SPACE that is so hard to find that feels like having an extension of your living space without the added cost! This is one...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys17
Total Finished Area400 sq ft
ZoningDC
HeatingBaseboard • Natural Gas
CoolingNone
ParkingStall • Titled • Underground
ExteriorBalcony • Uncovered Courtyard
Year Built2013
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$897After mortgage & expenses
Cap Rate0.8%Based on market rents
Cash on Cash Return-18.6%With 20% down payment
Est. Monthly Rent$750Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

BELTLINE

Strong Investment
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Investment Score80/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Melissa McRae · CIR Realty