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RED CARPET

2120, 6224 17 Avenue Se, Calgary, AB

$240,000

Residential · MLS® A2303424
2Bedrooms
2Bathrooms
834Sq Ft
1Garage
1999Year Built
02 / Overview

PROPERTY OVERVIEW

Perfectly suited for a renovation enthusiast or savvy investor, this unit is a prime fixer-upper opportunity to build immediate sweat equity. While the interior needs TLC the layout offers a fantastic foundation with two spacious bedrooms separated by an open-concept living area. West-facing windows and a private patio provide great natural light and a front-row seat to the GlobalFest fireworks—all it needs is a modern facelift to shine. The value here is unbeatable, featuring all-inclusive condo fees that cover heat, water,...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area834 sq ft
ZoningM-C2
HeatingBaseboard • Natural Gas
CoolingNone
ParkingParkade • Stall • Titled • Underground
ExteriorBalcony
Year Built1999
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$110After mortgage & expenses
Cap Rate3.9%Based on market rents
Cash on Cash Return-2.7%With 20% down payment
Est. Monthly Rent$1,560Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RED CARPET

Premium Investment
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Investment Score85/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Joanna Barstad · Royal LePage Benchmark