Description
WATCH THE VIDEO TOUR! Welcome to Simmering Court in the heart of Lower Mount Royal—just steps from 17th Avenue’s shops, cafés, and nightlife. Now offered at $240,000, this updated 1-bedroom condo blends location, value, and versatility—ideal for a first-time buyer craving the urban lifestyle or an investor seeking strong ROI with low carrying costs.KEY FEATURES:Ultra-low condo fees – just $285.61/month (includes heat, water & reserve contributions; you only pay electricity)Heated underground parking (titled stall #32) – a rare find in this price rangeIn-suite laundry, updated stainless steel appliances & fresh paintSouth-facing balcony for natural light and outdoor livingEfficient layout with space to personalizeINVESTOR INSIGHT:Market rent: ~$1,750/month (long-term, unfurnished)Positive cash flow potential – ~$250+/month with 20% down, 5% interest, 30-year amortizationQuick possession means you can start generating income right awayBUILDING PERKS:Secure fob access, bike storage & elevatorWell-managed with many units sharing costs—helping keep fees lowPET POLICY:1 dog (under 40 cm shoulder height) or up to 2 cats/other pets per unit, subject to board approvalThis is one of the few downtown condos under $240K offering underground parking, low fees, and strong rental returns—all in a walk-everywhere location. Vacant and move-in ready, with a motivated seller. (id:58070)
Calgary
