Maintenance, Common Area Maintenance, Heat, Insurance, Interior Maintenance, Ground Maintenance, Parking, Property Management, Reserve Fund Contributions, Sewer, Waste Removal, Water
$285.61 MonthlyDon'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)
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 |
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 |
Underground |
Acreage | No |
Land Amenities | Park, Playground, Schools, Shopping |
Size Total Text | Unknown |
Zoning Description | M-c2 |
Level | Type | Length | Width | 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