Property Details

312, 930 18 Avenue SW
Calgary (A2231173)

$250,000
1
1
554 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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 range In-suite laundry, updated stainless steel appliances & fresh paint South-facing balcony for natural light and outdoor living Efficient layout with space to personalize INVESTOR 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 amortization Quick possession means you can start generating income right away BUILDING PERKS: Secure fob access, bike storage & elevator Well-managed with many units sharing costs—helping keep fees low PET POLICY: 1 dog (under 40 cm shoulder height) or up to 2 cats/other pets per unit, subject to board approval This 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.

Property details

Basic Info

MLS® #
A2231173
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Lower Mount Royal
Price
$250,000
Sale/Lease:
For Sale
Size:
554 sq.ft.
Bedrooms:
1
Bathrooms:
1
Year Built:
1983 (42 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Style:
Apartment-Single Level Unit
Garage:
Yes
Parking:
Assigned, Garage Door Opener, Parkade, Secured, Stall, Underground
Fence:
Basement:
No
Features:
Breakfast Bar, Closet Organizers, Kitchen Island, Laminate Counters, Open Floorplan, Soaking Tub
Inclusions:
Electric Stove, Microwave Hood Fan, Refrigerator, Dishwasher, Washer, Dryer, Window Coverings (Curtains & Curtain Rods), Vanity Mirror, Shelf in Bathroom, Building Fob(s), Mailbox Key(s)
Appliances:
Dishwasher, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Laundry:
In Unit
Exterior Features:
Balcony
Patio/Porch Features:
Balcony(s)

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Condo/Association Info

Condo Type:
Conventional Condo
Condo Amenities:
Bicycle Storage, Elevator(s), Parking, Secured Parking, Trash
Condo Fee:
$286
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Pets Allowed:
Yes

Lot / Land Info

Zoning:
M-C2

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Brick,Vinyl Siding,Wood Frame
Floors:
Carpet, Laminate, Slate, Tile
Foundation:
Poured Concrete
Heating:
Baseboard
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Listing Info

Possession:
15 Days / Neg,Immediate
Days on Market:
54
Media & Video
Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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