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SPRUCE CLIFF
1808, 55 Spruce Place Sw, Calgary, AB
$289,900
Residential · MLS® A23149921Bedrooms
1Bathrooms
610.31Sq Ft
1Garage
2006Year Built
02 / Overview
PROPERTY OVERVIEW
Welcome to this bright 1 bedroom + den condo in the desirable community of Spruce Cliff. On the 18th floor, this well-maintained unit offers stunning northwest views of the city through large windows that fill the space with natural light. The open-concept layout is both functional and welcoming, featuring granite countertops in the kitchen and the spacious 4p bathroom. Enjoy the convenience of inner-city living with Shaganappi Point Golf Course, the public library, Westbrook Mall, and the C-Train Station...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys22
Total Finished Area610.31 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard
CoolingCentral Air
ParkingHeated Garage • Underground
ExteriorBalcony • Courtyard • Private Entrance • Storage
Year Built2006
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$725After mortgage & expenses
Cap Rate1.5%Based on market rents
Cash on Cash Return-15.0%With 20% down payment
Est. Monthly Rent$1,118Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
SPRUCE CLIFF
Strong InvestmentLoading map...
Investment Score80/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Nina Jirjis · MaxWell Capital Realty