Property Details

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Featured in:

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205, 515 4 Avenue NE
Calgary (A2164027)

$414,900
3
2
741 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

UNLOCK A PRIME INVESTMENT with this rare 3-bedroom & 2 full-bathroom condo in the highly sought-after Bridgeland area! Offering steady rental income and high tenant demand, this well-maintained second-floor unit is the perfect addition to your real estate portfolio. Currently rented at $2,550 per month, this property provides a solid return on investment, featuring a 5.21% cap rate—a strong contender in Calgary’s inner-city market. At 741 sq ft, this unit boasts modern, maintenance-free living with European-inspired finishes like laminate flooring, quartz countertops, and premium stainless steel appliances. The open-concept layout features a sun-filled living room with an electric fireplace, a gourmet kitchen with glossy white cabinetry, and flexible spaces that can serve as guest rooms or home offices. Not only does this unit include the convenience of in-unit laundry and abundant storage, but it also comes with titled underground parking, adding further value to your investment. Exclusive building amenities cater to tenant satisfaction, including TWO rooftop patios with breathtaking 360-degree city views, a fitness centre with a yoga room, a PET wash station, and a bike maintenance station. Visitor parking and a pet-friendly policy, it's perfect for anyone seeking a modern lock & leave lifestyle. Located steps away from parks, pathways, date spots & cafes PLUS the convenience of the LRT. And just a short walk to downtown Calgary! You can check all the boxes on this one!

Property details

Basic Info

MLS® #
A2164027
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Bridgeland/Riverside
Price
$414,900
Sale/Lease:
For Sale
Size:
741 sq.ft.
Bedrooms:
3
Bathrooms:
2
Year Built:
2016 (8 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Style:
Low-Rise(1-4)
Garage:
No
Parking:
Parkade, Titled, Underground
Fence:
Basement:
No
Features:
Closet Organizers, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage
Fireplaces:
1
Inclusions:
Light fixtures
Appliances:
Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
Laundry:
In Unit
Exterior Features:
Balcony, BBQ gas line, Storage
Patio/Porch Features:
Balcony(s), Rooftop Patio

Neighborhood Info

Nearby Amenities:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Condo/Association Info

Condo Type:
Conventional
Condo Amenities:
Elevator(s), Fitness Center, Roof Deck, Trash, Visitor Parking
Condo Fee:
$511
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Pets Allowed:
Yes

Lot / Land Info

Zoning:
M-C2

Materials & Systems

Roof:
Flat
Exterior:
Composite Siding,Wood Frame
Floors:
Laminate, Tile
Heating:
Baseboard, Hot Water
Cooling:
None
Amenities:
Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Listing Info

Possession:
By Date Specified
Days on Market:
40
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