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78 days on Market

1712 38 St #109, Calgary, Alberta T2A 1H1

In the same building:
-
Condo
2
1
~810.11 sqft
$175,000
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Condo
2
1
~810.11 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$216/sqft

Est. Mortgage$752/mo

Maintenance fees$672/mo

Tax Amount (2024)$891/yr

Days On Market78 days


Description

Unlock immediate rental income with this strategically located 2-bedroom, 1-bathroom apartment in the desirable Forest Lawn community. Boasting 810 sqft of well-designed living space, this property is a turnkey investment with an existing tenant secured until 2025 at a rental rate of $1,500 per month. The apartment features a bright, open living area ideal for attracting and retaining tenants. The modern kitchen, equipped with ample cabinet space and appliances, ensures ease of use and low maintenance. Both bedrooms are spacious and include generous closet space, enhancing tenant comfort and appeal. The property also includes valuable underground parking, providing secure and convenient parking for tenants—a highly sought-after feature. Situated in a vibrant neighborhood, the apartment offers proximity to amenities, public transit, and local parks, further increasing its rental desirability. With a reliable tenant in place and a steady rental income stream, this property is an excellent addition to any investment portfolio. Don’t miss this opportunity to acquire a hassle-free income-generating asset. Contact us today to learn more and arrange a viewing.


Property Details

StyleLow-Rise(1-4)
View-
Age of property1981
SqFt~810.11 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2167076
Community NameForest Lawn
Data SourcePILLAR 9

Features

Heating: Baseboard,Hot Water

Main Floor

Bedroom

7`10" x 14`7"

Storage

5`4" x 6`5"

4pc Bathroom

5`0" x 9`0"

Entrance

3`6" x 6`0"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces -

Garage type -

Total parking spaces 1


3Story
Elevator
Amenities

None

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by eXp Realty, Brokerage
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Population and Demographics

Overview

Total population 7270
Average household income $80,302

Age (%)

50 to 64
24%
0 to 19
23%
35 to 49
21%
20 to 34
20%
65 and plus
13%

Household composition (%)

Single family
50%
Single person
35%
Multi person
15%
Multi family
1%

Mother tongue (%)

English
72%
Vietnamese
7%
Tagalog (Pilipino, Filipino)
6%
Others
4%
Arabic
4%
Spanish
2%
French
1%

House tenancy (%)

Renters
62%
Owners
38%

Schools and amenities

Estimated Budget