Property Details

1605, 550 Riverfront Avenue SE
Calgary (A2335931)

$289,888
1
1+1
567 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

INVESTOR ALERT – TURNKEY INCOME OPPORTUNITY IN EAST VILLAGE! An exceptional opportunity to secure a tenant-occupied property generating $1,895/month in rental income with tenancy in place until April 2027. Enjoy immediate income from day one in one of Calgary’s most vibrant inner-city communities! This stylish 1-bedroom, 1.5-bath residence offers a smart, functional layout with unobstructed river valley and south East Village views. The spacious living area provides excellent flexibility for entertaining or accommodating overnight guests, while the rare 2-piece powder room adds extra convenience. Modern finishes include quartz countertops, dark flooring, contemporary tilework, sleek lighting, and a glass shower. A generous walk-in closet plus a separate storage locker in the parkade provides plenty of additional storage. The building delivers outstanding lifestyle amenities, including a spectacular top-floor indoor/outdoor recreation and entertaining space with panoramic river and city views, plus fully equipped fitness and yoga rooms with an outdoor patio on the 3rd floor. PRIME LOCATION + TENANT IN PLACE + $1,895/MONTH RENTAL INCOME + INCREDIBLE VIEWS! Whether you’re expanding your investment portfolio or securing an East Village property for the future, this is a TURNKEY OPPORTUNITY you don’t want to miss!

Property details

Basic Info

MLS® #
A2335931
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Downtown East Village
Price
$289,888
Sale/Lease:
For Sale
Size:
567 sq.ft.
Bedrooms:
1
Bathrooms:
1 full / 1 half
Year Built:
2015 (11 years old)

Building Info

Structure Type:
High Rise (5+ stories)
Building Style:
Apartment-Single Level Unit
Garage:
No
Parking:
Underground
Fence:
Basement:
No
Features:
No Smoking Home
Inclusions:
N/A
Appliances:
Built-In Oven, Dishwasher, Dryer, Electric Cooktop, Microwave Hood Fan, Refrigerator, Washer
Laundry:
In Unit
Exterior Features:
Other
Patio/Porch Features:
Balcony(s)

Neighborhood Info

Nearby Amenities:
Park, Playground, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Condo/Association Info

Condo Type:
Conventional Condo
Condo Amenities:
Community Gardens, Fitness Center, Recreation Room, Roof Deck
Condo Fee:
$572
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Gas, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Residential Manager, Security, Security Personnel, Sewer, Snow Removal, Trash, Water
Pets Allowed:
Yes

Lot / Land Info

Zoning:
CC-EMU

Materials & Systems

Exterior:
Concrete
Floors:
Laminate
Heating:
Fan Coil
Cooling:
Central Air
Amenities:
Park, Playground, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Listing Info

Possession:
Other/See Remarks,Subject To Tenancy
Days on Market:
2
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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