312, 930 18 Avenue Sw Calgary, Alberta T2T 0H1

1 Bedroom 1 Bathroom 554 ft2
None Baseboard Heaters

$257,000

Maintenance, Common Area Maintenance, Heat, Insurance, Interior Maintenance, Ground Maintenance, Parking, Property Management, Reserve Fund Contributions, Sewer, Waste Removal, Water

$285.61 Monthly

Don't forget to WATCH THE VIDEO! Welcome to Simmering Court in the heart of Lower Mount Royal, just steps from 17th Avenue’s shops, cafes, and nightlife. Now priced at $257,000, this updated 1-bedroom condo offers exceptional value and flexibility—whether you're a first-time buyer seeking downtown lifestyle or an investor looking for strong ROI and low carrying costs.This unit features: - Low condo fees of just $285.61/month, which include heat, water, and all the rest, you just pay for electricity additionally.- Heated underground parking (stall #32) —a rare feature at this price point, enhancing convenience and long-term value- In-suite laundry, a large south-facing balcony, and updated stainless steel appliances- Fresh paint, efficient layout, and room to personalize- Slate tile at the entrance (seller open to price negotiation or credit to address minor wear)INVESTOR INSIGHT: With current long-term rental rates in the area averaging $1,700/month, this unit offers positive cash flow potential, especially with a 20% down payment and today’s competitive conventional interest rates (~4.5–4.7%). Projected cap rate: ~5.7%, making this one of the few downtown condos under $260K that delivers both value and income.The building offers secure fob access, bike storage, elevator, and is well-maintained with many units sharing costs—contributing to the low condo fees.Pet policy: Furry friends welcome—with restrictions. One dog or two other types of pets per unit. No dogs with a mature height over 40 cm at the shoulder are permitted (subject to board approval).Available for quick possession and move-in ready. Whether you're looking to live in the heart of Calgary or capitalize on a high-performing rental, this condo is priced to move—with seller motivation and flexibility in play. (id:57557)

Property Details

MLS® Number A2231173
Property Type Single Family
Community Name Lower Mount Royal
Amenities Near By Park, Playground, Schools, Shopping
Community Features Pets Allowed, Pets Allowed With Restrictions
Features Closet Organizers, Parking
Parking Space Total 1
Plan 9111924

Building

Bathroom Total 1
Bedrooms Above Ground 1
Bedrooms Total 1
Appliances Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Window Coverings, Garage Door Opener, Washer & Dryer
Constructed Date 1983
Construction Material Wood Frame
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Flooring Type Carpeted, Laminate, Slate, Tile
Foundation Type Poured Concrete
Heating Type Baseboard Heaters
Stories Total 4
Size Interior 554 Ft2
Total Finished Area 554.2 Sqft
Type Apartment

Parking

Underground

Land

Acreage No
Land Amenities Park, Playground, Schools, Shopping
Size Total Text Unknown
Zoning Description M-c2

Rooms

Level Type Dimensions
Main Level Other 4.25 Ft x 9.67 Ft
Main Level Laundry Room 6.25 Ft x 4.67 Ft
Main Level Kitchen 10.58 Ft x 8.50 Ft
Main Level Dining Room 10.75 Ft x 7.42 Ft
Main Level Living Room 10.75 Ft x 10.00 Ft
Main Level 4pc Bathroom 4.83 Ft x 7.58 Ft
Main Level Primary Bedroom 10.17 Ft x 10.75 Ft
Main Level Other 15.25 Ft x 5.58 Ft

https://www.realtor.ca/real-estate/28482976/312-930-18-avenue-sw-calgary-lower-mount-royal

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