205, 515 4 Avenue Ne, Calgary, Alberta

$414,900

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3

Beds

2

Baths

741

Square feet

About 205, 515 4 Avenue Ne

UNLOCK A PRIME INVESTMENT with this rare 3-bedroom & 2 full-bathroom condo in the highly sought-after Bridgeland area! Offering steady rental income and high tenant demand, this well-maintained second-floor unit is the perfect addition to your real estate portfolio. Currently rented at $2,550 per month, this property provides a solid return on investment, featuring a 5.21% cap rate—a strong contender in Calgary’s inner-city market. At 741 sq ft, this unit boasts modern, maintenance-free living with European-inspired finishes like laminate flooring, quartz countertops, and premium stainless steel appliances. The open-concept layout features a sun-filled living room with an electric fireplace, a gourmet kitchen with glossy white cabinetry, and flexible spaces that can serve as guest rooms or home offices. Not only does this unit include the convenience of in-unit laundry and abundant storage, but it also comes with titled underground parking, adding further value to your investment. Exclusive building amenities cater to tenant satisfaction, including TWO rooftop patios with breathtaking 360-degree city views, a fitness centre with a yoga room, a PET wash station, and a bike maintenance station. Visitor parking and a pet-friendly policy, it's perfect for anyone seeking a modern lock & leave lifestyle. Located steps away from parks, pathways, date spots & cafes PLUS the convenience of the LRT. And just a short walk to downtown Calgary! You can check all the boxes on this one!

Features of 205, 515 4 Avenue Ne

MLS® # A2164027
Price $414,900
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 741
Acres 0.00
Year Built 2016
Type Residential
Sub-Type Apartment
Style Low-Rise(1-4)
Status Active

Community Information

Address 205, 515 4 Avenue Ne
Subdivision Bridgeland/Riverside
City Calgary
County Calgary
Province Alberta
Postal Code T2E 0J9

Amenities

Amenities Elevator(s), Fitness Center, Trash, Visitor Parking, Roof Deck
Parking Spaces 1
Parking Parkade, Titled, Underground
Is Waterfront No
Has Pool No

Interior

Interior Features Closet Organizers, High Ceilings, Open Floorplan, Pantry, Quartz Counters, Storage, Recessed Lighting
Appliances Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
Heating Baseboard, Hot Water
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Electric, Living Room
# of Stories 4
Has Basement No

Exterior

Exterior Features Balcony, BBQ gas line, Storage
Roof Flat
Construction Wood Frame, Composite Siding

Additional Information

Date Listed September 11th, 2024
Days on Market 55
Zoning M-C2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRoyal LePage Benchmark

Listing Map