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MILLRISE

216, 11 Millrise Drive Sw, Calgary, AB

$314,900

Residential · MLS® A2306572
2Bedrooms
2Bathrooms
871.78Sq Ft
1Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this bright, thoughtfully designed condo offering an open-concept layout that blends comfort with everyday functionality. The kitchen features rich dark-stained cabinetry, a convenient breakfast bar and a generously sized pantry, providing plenty of storage for daily living. Just off the kitchen, you’ll find a spacious dining area that flows seamlessly into the large living room, highlighted by an oversized window that fills the space with natural light. Step through the balcony doors to your private outdoor retreat, complete...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area871.78 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard
CoolingNone
ParkingTitled • Underground
ExteriorBalcony • Courtyard • Storage
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$406After mortgage & expenses
Cap Rate2.9%Based on market rents
Cash on Cash Return-7.7%With 20% down payment
Est. Monthly Rent$1,626Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

MILLRISE

Moderate Investment
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Investment Score66/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Ves Svilenova · REMAX Innovations