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SPRUCE CLIFF

1407, 77 Spruce Place Sw, Calgary, AB

$379,000

Residential · MLS® A2325372
2Bedrooms
2Bathrooms
1,017.8Sq Ft
1Garage
2008Year Built
02 / Overview

PROPERTY OVERVIEW

Sought after loaction in Spruce Cliff. Only 5 minutes drive to down town or a few minutes walk to LRT. High level unit with magnificent view. Over 1,000 SF of living space with fireplace, in suite laundry, hardwood flooring, 2 large bedrooms and two balconies. Heated parking and asigned storage also included. Swiming pool, recreation room, fitness room, clube house facility are included in the condo fee. Close to library, shopping centre, golf and bike path. Modern life style...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeHigh Rise (5+ stories)
Storeys26
Total Finished Area1,017.8 sq ft
ZoningDC (pre 1P2007)
HeatingBaseboard
CoolingCentral Air
ParkingParkade • Titled
ExteriorBalcony • Storage
Year Built2008
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$1,545After mortgage & expenses
Cap Rate-0.4%Based on market rents
Cash on Cash Return-24.5%With 20% down payment
Est. Monthly Rent$1,881Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

SPRUCE CLIFF

Strong Investment
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Investment Score83/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Peter Leung · TREC The Real Estate Company