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DOWNTOWN EAST VILLAGE

809, 550 Riverfront Avenue Se, Calgary, AB

$288,900

Residential · MLS® A2318232
1Bedrooms
2Bathrooms
580.7Sq Ft
1Garage
2015Year Built
02 / Overview

PROPERTY OVERVIEW

Elegant riverside living in the heart of Calgary's vibrant East Village! This one bedroom plus den suite on the 8th floor overlooks the Bow River and peaceful east views with cheerful morning light! First is an esquisite 18 storey tower developed by Fram+Slokker. Modern European inspired interior design and high end finishing features quartz countertops, soft close cabinetry, luxury vinyl plank, and floor to ceiling sound proof windows. Walk-in closet in the primary bedroom with ensuite...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys18
Total Finished Area580.7 sq ft
ZoningCC-EMU
HeatingFan Coil • Natural Gas
CoolingCentral Air
ParkingHeated Garage • Parkade • Titled • Underground
ExteriorBalcony • BBQ gas line
Year Built2015
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$850After mortgage & expenses
Cap Rate0.9%Based on market rents
Cash on Cash Return-17.7%With 20% down payment
Est. Monthly Rent$1,066Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

DOWNTOWN EAST VILLAGE

Strong Investment
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Investment Score77/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Colleen Whelan · MaxWell Capital Realty