930 18 AVE Southwest #312 Open House Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2T 0H1
OPEN HOUSE
Sat Aug 09, 11:00am - 1:00pm
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 554 sqft
Price per Sqft $451
Subdivision Lower Mount Royal
MLS Listing ID A2231173
Style Apartment-Single Level Unit
Bedrooms 1
Full Baths 1
Condo Fees $285/mo
Year Built 1983
Property Sub-Type Apartment
Property 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.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C2
Direction S
Interior
Interior Features Breakfast Bar,Closet Organizers,Kitchen Island,Laminate Counters,Open Floorplan,Soaking Tub
Heating Baseboard
Cooling None
Flooring Carpet,Laminate,Slate,Tile
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)
Appliance Dishwasher,Electric Stove,Garage Control(s),Microwave Hood Fan,Refrigerator,Stove(s),Washer/Dryer,Window Coverings
Laundry In Unit
Exterior
Exterior Feature Balcony
Parking Features Assigned,Garage Door Opener,Parkade,Secured,Stall,Underground
Community Features Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
Amenities Available Bicycle Storage,Elevator(s),Parking,Secured Parking,Trash
Roof Type Asphalt Shingle
Accessibility Accessible Approach with Ramp,Accessible Entrance,Accessible Kitchen,Accessible Washer/Dryer
Porch Balcony(s)
Exposure S
Total Parking Spaces 1
Building
Dwelling Type Low Rise (2-4 stories)
Story 4
Foundation Poured Concrete
Architectural Style Apartment-Single Level Unit
Level or Stories Single Level Unit
Structure Type Brick,Vinyl Siding,Wood Frame
Others
HOA Fee Include Common Area Maintenance,Heat,Insurance,Interior Maintenance,Maintenance Grounds,Parking,Professional Management,Reserve Fund Contributions,Sewer,Snow Removal,Trash,Water
Restrictions Pet Restrictions or Board approval Required,Pets Allowed
Pets Allowed Restrictions,Yes
Virtual Tour https://youtu.be/QCOJmgxLxio?si=J1OJ5FqerOAMcKcp