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ARBOUR LAKE

2116, 303 Arbour Crest Drive Nw, Calgary, AB

$448,000

Residential · MLS® A2302403
2Bedrooms
2Bathrooms
1,186Sq Ft
1Garage
2002Year Built
02 / Overview

PROPERTY OVERVIEW

Let the sun shine in and lift your spirits!! You've found the home that is bathed in an abundance of natural light with this corner unit. An 18+ Adult complex, with this 2 bed/2 bath, main floor home featuring 2 patios. One patio enjoys street-side activity perfect for bar-b-quing , while the second patio provides a more peaceful experience overlooking the lush greenspace. You'll appreciate the convenience of a sidewalk off the driveway that leads directly to the patio doors...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys3
Total Finished Area1,186 sq ft
ZoningM-C1 d75
HeatingIn Floor • Hot Water
CoolingNone
ParkingParkade • Underground
ExteriorCourtyard
Year Built2002
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$831After mortgage & expenses
Cap Rate2.2%Based on market rents
Cash on Cash Return-11.1%With 20% down payment
Est. Monthly Rent$2,176Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

ARBOUR LAKE

Moderate Investment
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Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Cheryl Talbot · TREC The Real Estate Company