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312, 930 18 Avenue Sw Calgary, Alberta T2T 0H1

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$250,000

Maintenance, Common Area Maintenance, Heat, Insurance, Interior Maintenance, Ground Maintenance, Parking, Property Management, Reserve Fund Contributions, Sewer, Waste Removal, Water

$285.61 Monthly

MLS® Number: A2231173
1 1 1

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:59126)

Property Details

MLS® Number A2231173
Property Type Single Family
Community Name Lower Mount Royal
Amenities Near By Park, Playground, Schools, Shopping
Community Features Pets Allowed, Pets Allowed With Restrictions
Features Closet Organizers, Parking
Parking Space Total 1
Plan 9111924

Building

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 Ft2
Total Finished Area 554.2 Sqft
Type Apartment

Rooms

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

Land

Acreage No
Land Amenities Park, Playground, Schools, Shopping
Size Total Text Unknown
Zoning Description M-c2

Parking

Underground

https://www.realtor.ca/real-estate/28482976/312-930-18-avenue-sw-calgary-lower-mount-royal

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