Active

VARSITY

307, 3717 42 Street Nw, Calgary, AB

$235,000

Residential · MLS® A2327253
1Bedrooms
1Bathrooms
631Sq Ft
1Garage
1978Year Built
02 / Overview

PROPERTY OVERVIEW

Welcome to this well-maintained 1-bedroom, 1-bathroom condo in the highly sought-after community of Varsity. Perfectly located just steps from the pedestrian bridge to Market Mall, this home is within walking distance to the University of Calgary, Foothills Medical Centre, Alberta Children's Hospital, the University District, public transit, and the LRT—making it an excellent choice for students, healthcare professionals, first-time buyers, or investors. This bright, west-facing third-floor unit features a spacious open-concept layout filled with natural light and partial mountain views....

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area631 sq ft
ZoningM-C1 d75
HeatingBaseboard • Natural Gas
CoolingNone
ParkingAssigned • Off Street • Paved • Plug-In • Stall
ExteriorBalcony • Garden • Lighting
Year Built1978
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow-$320After mortgage & expenses
Cap Rate2.8%Based on market rents
Cash on Cash Return-8.2%With 20% down payment
Est. Monthly Rent$1,154Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

VARSITY

Moderate Investment
Loading map...
Investment Score71/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Brett Steele · REMAX Innovations