Active

DOWNTOWN COMMERCIAL CORE

1502, 108 9 Avenue Sw, Calgary, AB

$699,000

Residential · MLS® A2306614
1Bedrooms
2Bathrooms
1,210.44Sq Ft
2Garage
2009Year Built
02 / Overview

PROPERTY OVERVIEW

Perched high above the city in the exclusive Le Germain Residences, this 1-bedroom, 1.5-bath suite offers elevated downtown living with sweeping views of the city skyline and Stephen Avenue. The open-concept layout features spacious living and dining areas, and a sleek kitchen with zebrawood cabinetry, and quartz countertops, complemented by a premium suite of Miele appliances including a built-in coffee system, wall oven, warming drawer, gas cooktop, and integrated refrigerator. Floor-to-ceiling windows fill the space with natural light. The primary...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys20
Total Finished Area1,210.44 sq ft
ZoningCR20-C20/R20
HeatingIn Floor
CoolingCentral Air
ParkingUnderground
ExteriorBalcony
Year Built2009
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$2,394After mortgage & expenses
Cap Rate0.4%Based on market rents
Cash on Cash Return-20.6%With 20% down payment
Est. Monthly Rent$2,168Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN COMMERCIAL CORE

Strong Investment
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Investment Score79/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Andrew Connolly · Century 21 Bamber Realty LTD.