Yoki & Jeff Nichol

  • $199,900
  • $199,900
  • Apartment, Residential
  • Property Type
  • A2228381
  • MLS #
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 657.00
  • Sq Ft
  • 1979
  • Year Built

Description

Incredible Investment Opportunity w/ Nearly 10% CAP Rate! Whether you’re a savvy investor or a buyer looking to break into the market, Unit 302 checks a lot of boxes—renovated, top floor, corner unit, 2 beds, 1 bath, gated parking, & an unbeatable price tag.

Located in the sought-after inner-city community of Bridgeland, this is a rare chance to own in one of Calgary’s most walkable, connected neighborhoods. Only minutes from downtown, w/ East Village, Kensington, & the Bow River pathway nearby, you’ll love the lifestyle this location offers. Shops, breweries, fitness studios, dining, playgrounds, parks, Blush Lane Market, & more are just steps from your building.

Meredith Road offers beautiful tree-lined streets, free 2-hr guest parking, & a charming boutique building w/ gated parking. Inside, the building is well-maintained, featuring freshly painted hallways & clean carpets. On the 3rd floor, Unit 302 awaits—a renovated, light-filled corner unit w/ flat ceilings (no popcorn!), updated LVP flooring, & a thoughtful layout.

The entry offers a front hall closet, space for a console or mirror, & opens into your main living area. The kitchen features SS appliances, a full-size fridge, pantry, & a window over the sink—plus an opening to the living room that lets in natural light. The living/dining area is well-sized, w/ room for a 4-seat table, spacious lounge area, & access to your N-facing balcony w/ glass railing & dura deck flooring—perfect for enjoying the skyline while staying cool in summer.

Both bedrooms are generously sized—the primary fits a queen & nightstands. The renovated bathroom includes a marble-top vanity, modern fixtures, deep soaker tub, tiled surround, & sleek glass doors. Bonus wall niche for extra storage or decor.

Shared laundry (FREE) w/ newer LG washer/dryers, secured assigned parking (stall #302), & a shared storage room round out the offering. While this building is older, the siding has been updated, & the unit itself shows well—even though it’s no longer staged & is currently tenant-occupied. Yes, the windows could use upgrading & laundry is shared, but for a renovated 2 bed unit at this price, it’s a trade-off that makes sense.

The catch? Possession requires 90 days, & the current tenant (paying $1,900/mo + electricity) would love to stay until Oct. 31st of this year—making this ideal for investors or flexible buyers.

Don’t take this opportunity for granted—this unit offers serious value, strong rental income, & long-term upside in an unbeatable location.

Book your showing today & make your move before someone else snaps it up.
P.S. WATCH THE VIDEO!

Additional Details

  • Property ID A2228381
  • Price $199,900
  • Property Size 657.00 Sq Ft
  • Bedrooms 2
  • Bathroom 1
  • Year Built 1979
  • Property Status Active
  • Property Type Apartment, Residential
  • PropertySubType Apartment
  • Subdivision Bridgeland/Riverside
  • Interior Features Closet Organizers,Laminate Counters,Open Floorplan,Pantry,Soaking Tub,Stone Counters,Wood Windows
  • Exterior Features Balcony,Private Entrance
  • Appliances Electric Stove,Range Hood,Refrigerator
  • Style Apartment-Single Level Unit
  • Heating Baseboard,Natural Gas
  • Cooling None
  • Zone MU-1 f4.5h22
  • Basement Type None
  • Parking Assigned,Drive Through,Electric Gate,Gated,Outside,Parkade,Secured,Stall
  • Days On Market 21
  • Construction Materials Stucco,Vinyl Siding,Wood Frame
  • Utilities Electricity Not Paid For
  • Roof Flat
  • Half Baths 0
  • Flooring Tile,Vinyl Plank
  • Lot Features Private,Rectangular Lot
  • Pets Allowed Yes
  • Community Features Clubhouse,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths
  • PatioAndPorch Features Balcony(s)
  • AssociationFee 622.91
  • AssociationFeeFrequency Monthly
Yoki Nichol
Call 403-852-1992