Property Details

536, 990 Centre Avenue NE
Calgary (A2337476)

$245,000
1
1
489 ft²
Note: This property may have a conditional offer. Talk to us for details.
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Loan Term
Interest Rate
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* Amounts are estimates only. Final payment amounts may vary.

Description

If you are looking for value in Calgary’s inner city, this is a hard property to beat. Priced under $250,000 in Bridgeland, this is an opportunity to own in one of Calgary’s best inner city neighbourhoods without taking on a massive mortgage. Whether you are buying your first home, adding an investment property, or helping your son or daughter get into the market, the numbers and the fundamentals here simply make sense. For parents, this is a particularly interesting option. If your child is moving to Calgary for school, starting their career, or simply getting established on their own, you are likely going to be helping them pay for housing one way or another. Instead of spending the next three, four, or five years paying rent to someone else, this creates an opportunity to help them purchase an attainable property in a neighbourhood they will actually want to live in. They get their own place close to downtown, transit, restaurants, cafés, parks, pathways, and employment. During that time they are paying down their own mortgage and building equity instead of simply writing a rent cheque every month. When school is finished or their career and housing needs change, you still own a highly rentable inner city property in Bridgeland. Keep it as a long term rental, use it for another family member, or sell it and redeploy the equity. It is a practical way to help your child get started while also treating the purchase like an investment instead of an expense. The same fundamentals make it attractive as a traditional rental property. Bridgeland consistently appeals to professionals who want to be close to downtown but do not necessarily want to live directly in the core. The C-Train is a short walk away and some of Calgary’s best restaurants, coffee shops, parks, pathways, and amenities are right outside your door. The building matters just as much as the location. This is a mature, extremely well maintained concrete building with a quiet resident base and a level of construction that is increasingly difficult to find at this price point. Concrete construction provides better sound separation, privacy, and an overall living experience that is noticeably different from many newer wood frame buildings. Inside, the floor plan is simple and efficient. You have a full sized kitchen, dedicated dining space, comfortable living room, generous bedroom, in suite laundry, excellent storage, and a private east facing balcony overlooking the peaceful courtyard. You also get central air conditioning, titled underground parking, a separate storage locker, a resident car wash bay, and a pet friendly building. The condo is being offered fully furnished, making it a legitimate turnkey option for an investor, student, young professional, or first time buyer. For the money, this is arguably one of the best value propositions in Calgary’s inner city.

Property details

Basic Info

MLS® #
A2337476
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Bridgeland/Riverside
Price
$245,000
Sale/Lease:
For Sale
Size:
489 sq.ft.
Bedrooms:
1
Bathrooms:
1
Year Built:
2006 (20 years old)

Building Info

Structure Type:
High Rise (5+ stories)
Building Style:
Apartment-Single Level Unit
Garage:
Yes
Parking:
Heated Garage, Parkade, Secured, Titled, Underground
Fence:
Basement:
No
Features:
No Animal Home, No Smoking Home, Open Floorplan, Vinyl Windows
Fireplaces:
1
Inclusions:
Air Conditioner Unit (Balcony)
Appliances:
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
Laundry:
In Unit
Exterior Features:
Balcony, Courtyard
Patio/Porch Features:
Balcony(s), Glass Enclosed

Neighborhood Info

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

Condo/Association Info

Condo Type:
Conventional Condo
Condo Amenities:
Bicycle Storage, Snow Removal, Trash
Condo Fee:
$420
Condo Fee Includes:
Amenities of HOA/Condo, Common Area Maintenance, Heat, Insurance, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Pets Allowed:
Yes

Lot / Land Info

Lot Features:
Greenbelt, Level, Many Trees, Paved, Street Lighting
Zoning:
DC (pre 1P2007)

Materials & Systems

Exterior:
Brick,Concrete,Stucco
Floors:
Ceramic Tile, Laminate
Foundation:
Poured Concrete
Heating:
Baseboard, Boiler
Cooling:
Central Air
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Listing Info

Possession:
Immediate
Days on Market:
11
Your Realtor® Team

Realty Aces

Justin Wiechnik
587-899-3773
justin@realtyaces.ca
Ryan Wood
403-828-4645
ryansells247@gmail.com
Damien Berg
403-575-5035
damien@realtyaces.ca
Kipp McGonigal
403-813-2697
kipp@gokipp.com

 

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