pillar/IMG-A2167076_1.jpg
298 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

Property Estimate

Days on market298 days

Estimated valueNot available

Price/Sqft$216/sqft

Monthly cost

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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
Listing byeXp Realty

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 History

Sep 18, 2024
ListedActive
$175,000
298 days on market
history photo preview29
Listing by pillar 9®
Property listed by eXp Realty, Brokerage
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Market Data - Forest Lawn

Geo Zone Map ThumbnailForest Lawn

Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2024

11 days

2023

3 days

New Listings

Past 30 days

2 listings

Compared to

2024

2 listings

2023

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

1 unit

Median Sold Price

Past 30 days

$164,000

Compared to

2024

$160,000

2023

$180,000


Population and Demographics

Overview

Total population 7270
Average household income $80,302

Age (%)

0 to 19
23%
20 to 34
20%
35 to 49
21%
50 to 64
24%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget