312, 930 18 Avenue SW Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2T0H1
Key Details
Property Type Condo
Sub Type Condominium/Strata
Listing Status Active
Purchase Type For Sale
Square Footage 554 sqft
Price per Sqft $451
Subdivision Lower Mount Royal
MLS Listing ID A2231173
Bedrooms 1
Condo Fees $285/mo
Year Built 1983
Property Sub-Type Condominium/Strata
Source Calgary Real Estate Board
Property 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 $250,000, 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)Projected cap rate: ~6.21%Positive monthly cash flow potential – ~$220/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 $250K 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:24570)
Location
Province AB
Rooms
Kitchen 1.0
Extra Room 1 Main level 4.25 Ft x 9.67 Ft Other
Extra Room 2 Main level 6.25 Ft x 4.67 Ft Laundry room
Extra Room 3 Main level 10.58 Ft x 8.50 Ft Kitchen
Extra Room 4 Main level 10.75 Ft x 7.42 Ft Dining room
Extra Room 5 Main level 10.75 Ft x 10.00 Ft Living room
Extra Room 6 Main level 4.83 Ft x 7.58 Ft 4pc Bathroom
Interior
Heating Baseboard heaters
Cooling None
Flooring Carpeted,Laminate,Slate,Tile
Exterior
Parking Features Yes
Community Features Pets Allowed,Pets Allowed With Restrictions
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Story 4
Others
Ownership Condominium/Strata