Active

CRESCENT HEIGHTS

608, 123 4 Street Ne, Calgary, AB

$249,900

Residential · MLS® A2296376
1Bedrooms
1Bathrooms
373.8Sq Ft
1Garage
2023Year Built
02 / Overview

PROPERTY OVERVIEW

Vacant with immediate possession available! Incredible value. If you've been searching for an investment that is located in a short term-friendly building with titled underground parking and storage, this could be the unit! This 6th floor apartment is ideally positioned in the centre of the building and offers an excellent layout with bright east-facing windows and balcony. This is an excellent opportunity for investors or a flexible option for short-term rental use. The thoughtfully designed floor plan features a...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys13
Total Finished Area373.8 sq ft
ZoningDC
HeatingFan Coil
CoolingCentral Air
ParkingCovered • Heated Garage • Off Street • Parkade • Stall • Titled • Underground
ExteriorBalcony
Year Built2023
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$686After mortgage & expenses
Cap Rate1.2%Based on market rents
Cash on Cash Return-16.5%With 20% down payment
Est. Monthly Rent$704Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CRESCENT HEIGHTS

Moderate Investment
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Investment Score71/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Jennifer Gurnett · CIR Realty