Active

CHINOOK PARK

221, 8235 Elbow Drive Sw, Calgary, AB

$219,888

Residential · MLS® A2300937
2Bedrooms
1Bathrooms
783Sq Ft
2Garage
1960Year Built
02 / Overview

PROPERTY OVERVIEW

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Searching for your first affordable home? Want a great Investment property? This spacious apartment on Elbow Drive checks off all the boxes. This west facing unit on the second floor is one of the most desireable units in the complex. This west facing. 2nd floor unit is on light filled side of the building and is very quiet. With 863 sq. ft. and 2 bedrooms/1 full bath, this apartment has been...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area783 sq ft
ZoningM-C2
HeatingBoiler • Natural Gas
CoolingNone
ParkingStall
ExteriorStorage
Year Built1960
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$110After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-3.0%With 20% down payment
Est. Monthly Rent$1,470Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

CHINOOK PARK

Moderate Investment
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Investment Score72/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Darya Pfund · Easy List Realty