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Renanza Realty
For sale

1605, 550 Riverfront Avenue SE

Calgary, Alberta

MLS® A2335931

$289,888

Status
Active
Property type
House
MLS® number
A2335931
Bedrooms
1
Bathrooms
2
Year built
2015

Listing 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 summary

MLS® number
A2335931
Property type
Single Family
Building type
Apartment
Square footage
567 sq ft
Title
Condo/Strata
Built in
2015
Annual property taxes
$1,958.40
Parking
1 space · Underground
Days on market
18 days

Features & details

Cooling
Central air conditioning
Flooring
Laminate
Appliances
Washer, Refrigerator, Cooktop - Electric, Dishwasher, Dryer, Microwave Range Hood Combo, Oven - Built-In
Exterior features
Concrete
Lot features
No Smoking Home
Community features
Pets Allowed With Restrictions
Maintenance fee
$571.68 / Monthly

What would this home cost you?

Based on the $289,888 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,349 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of eXp Realty, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.