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Don't forget to WATCH THE VIDEO! Welcome to Simmering Court in the heart of Lower Mount Royal, just steps from 17th Avenue’s shops, cafes, and nightlife. Now priced at $257,000, this updated 1-bedroom condo offers exceptional value and flexibility—whether you're a first-time buyer seeking downtown lifestyle or an investor looking for strong ROI and low carrying costs.This unit features: - Low condo fees of just $285.61/month, which include heat, water, and all the rest, you just pay for electricity additionally.- Heated underground parking (stall #32) —a rare feature at this price point, enhancing convenience and long-term value- In-suite laundry, a large south-facing balcony, and updated stainless steel appliances- Fresh paint, efficient layout, and room to personalize- Slate tile at the entrance (seller open to price negotiation or credit to address minor wear)INVESTOR INSIGHT: With current long-term rental rates in the area averaging $1,700/month, this unit offers positive cash flow potential, especially with a 20% down payment and today’s competitive conventional interest rates (~4.5–4.7%). Projected cap rate: ~5.7%, making this one of the few downtown condos under $260K that delivers both value and income.The building offers secure fob access, bike storage, elevator, and is well-maintained with many units sharing costs—contributing to the low condo fees.Pet policy: Furry friends welcome—with restrictions. One dog or two other types of pets per unit. No dogs with a mature height over 40 cm at the shoulder are permitted (subject to board approval).Available for quick possession and move-in ready. Whether you're looking to live in the heart of Calgary or capitalize on a high-performing rental, this condo is priced to move—with seller motivation and flexibility in play. (id:55690)
Maintenance, Common Area Maintenance, Heat, Insurance, Interior Maintenance, Ground Maintenance, Parking, Property Management, Reserve Fund Contributions, Sewer, Waste Removal, Water
$285.61 Monthly| Bathroom Total | 1 | Bedrooms Above Ground | 1 |
| Bedrooms Total | 1 | Appliances | Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Window Coverings, Garage Door Opener, Washer & Dryer |
| Constructed Date | 1983 | Construction Material | Wood Frame |
| Construction Style Attachment | Attached | Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding | Flooring Type | Carpeted, Laminate, Slate, Tile |
| Foundation Type | Poured Concrete | Heating Type | Baseboard Heaters |
| Stories Total | 4 | Size Interior | 554 Sqft |
| Total Finished Area | 554.2 Sqft | Type | Apartment |
| Underground |
| Acreage | No | Land Amenities | Park, Playground, Schools, Shopping |
| Size Total Text | Unknown | Zoning Description | M-c2 |
| Level | Type | Dimensions |
|---|---|---|
| Main Level | Other | 4.25 Ft x 9.67 Ft |
| Main Level | Laundry Room | 6.25 Ft x 4.67 Ft |
| Main Level | Kitchen | 10.58 Ft x 8.50 Ft |
| Main Level | Dining Room | 10.75 Ft x 7.42 Ft |
| Main Level | Living Room | 10.75 Ft x 10.00 Ft |
| Main Level | 4pc Bathroom | 4.83 Ft x 7.58 Ft |
| Main Level | Primary Bedroom | 10.17 Ft x 10.75 Ft |
| Main Level | Other | 15.25 Ft x 5.58 Ft |
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