For Sale: 1605-550 Riverfront Avenue SE, Calgary, AB - REW
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$289,888
1 bd 2 ba 568 sf Apt/Condo

1605 - 550 Riverfront Avenue SECalgary, AB, T2G 1E5

Downtown East Village
  • 1 Bed
  • 2 Bath
  • 568 Sqft
  • Apt/Condo

About this home

INVESTOR ALERT – TURNKEY INCOME OPPORTUNITY IN EAST VILLAGE! An exceptional opportunity to secure a tenant-occupied property generating $1,895/month in rental income with tenancy in place until April 2027. Enjoy immediate income from day one in one of Calgary’s most vibrant inner-city communities! This stylish 1-bedroom, 1.5-bath residence offers a smart, functional layout with unobstructed river valley and south East Village views. The spacious living area provides excellent flexibility for entertaining or accommodating overnight guests, while the rare 2-piece powder room adds extra convenience. Modern finishes include quartz countertops, dark flooring, contemporary tilework, sleek lighting, and a glass shower. A generous walk-in closet plus a separate storage locker in the parkade provides plenty of additional storage. The building delivers outstanding lifestyle amenities, including a spectacular top-floor indoor/outdoor recreation and entertaining space with panoramic river and city views, plus fully equipped fitness and yoga rooms with an outdoor patio on the 3rd floor. PRIME LOCATION + TENANT IN PLACE + $1,895/MONTH RENTAL INCOME + INCREDIBLE VIEWS! Whether you’re expanding your investment portfolio or securing an East Village property for the future, this is a TURNKEY OPPORTUNITY you don’t want to miss!
Listed by: Liz Wong, eXp Realty of Canada

Home facts and features

Price details
List Price
Strata Maintenance Fees
$572 Monthly
Home facts
Bedrooms
1
Full Bathrooms
1
Partial Bathrooms
1
Parking Details
Titled
Property Type
Apt/Condo
Year Built
Built in 2015 (11 yrs old)
Style
Apartment-Single Level Unit
Heating Type
Fan Coil
Cooling
Central Air
Features
In Unit, No Smoking Home, Other, Park, Sidewalks, Street Lights, Walking/bike Paths
Amenities
Community Gardens, Fitness Center, Playground, Recreation Room, Roof Deck, Shopping Nearby
Appliances
Built-in Oven, Dishwasher, Dryer, Electric Cooktop, Microwave Hood Fan, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
eXp Realty of Canada
Listing details
Days on REW
1 Day
MLS® Number
A2335931
Source
Pillar 9
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

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Alberta Chung Wah School
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Red Deer Lake School
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Calgary Arts Academy
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Calgary Chinese Private School
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Chestermere High School
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St. Mary's High School
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Janus Academy
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Ramsay School
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School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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