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Investment signal

$419,000

1208 Millrise Point SW

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Beds

4

Baths

3

Sqft

Year

1999

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Experience the lifestyle you’ve been waiting for - luxury, comfort, and true convenience in this exceptionally rare, 4 bedroom, 3 full-bath condo offering 2,192 SF of thoughtfully designed living space. Step inside to an inviting open-concept living and dining area for easy entertaining, plus the convenience of a two-level layout that offers flexible privacy and comfort. The ground floor entry hosts 2 bedrooms and 1 full bath, large family room, pantry/laundry room, while the upper level entry includes 2 bedrooms, 2 full baths, kitchen/dining room along with a west facing deck just off the living room. With a private internal staircase and elevator access not far from the unit doors, this condo is designed with real accessibility in mind. The spacious layout is ideal for multi-generational living—whether you’re caring for aging adults, setting up a mother-in-law space, hosting roommates or accommodating other multi-family needs, the options are yours! It’s also ideal for a professional couple desiring "yours and mine" home offices and still have 2 large primary bedrooms that easily fit a king bed in each. Lock and leave on your business/holiday trips with peace of mind. Imagine a home that fits your lifestyle perfectly, with two titled parking stalls, two titled storage lockers and one condo fee (only $0.58/SF) that covers everything including electricity, heat, water, trash, landscaping, insurance and professional management, ensuring a truly maintenance-free lifestyle. Residents also enjoy access to resort-style amenities including a party/social room, library, fitness room, a pet relief area, inviting outdoor sitting spaces, and plenty of visitor parking for guests. Nestled in the well-managed 45+ age-restricted complex (with some spousal and caregiver exemptions), you’ll enjoy peace of mind, privacy and an active, welcoming community. Pets are welcome with board approval, making it a warm and inclusive environment. Ideally located in desirable Millrise, this low -rise condominium offers easy access to shopping, dining, parks and public transportation, combining modern convenience with an inviting sense of community and security. This is a rare opportunity for those who want it all: space, sophistication and worry-free living. View today! (id:65958)

Subtype
Single Family
Architectural style
Multi-level
Structure
Apartment
Community
Millrise
Common interest
Condo/Strata
Living area
2,192 square feet
Bedrooms
4 above grade, 0 below grade
Parking
2 total
Condo/HOA fee
$1,270 monthly
Stories
4
On market
Apr 10, 2026
Status changed
May 3, 2026
Annual tax
$2,781 (2025)
Zoning
M-C2 d118
Photos
50
MLS#
A2300748
Area
CALGARY_SE

Features and systems

Parking

GarageUndergroundHeated Garage

Appliances

RefrigeratorDishwasherStoveMicrowave Range Hood ComboWasher & Dryer

Heating

Baseboard heatersNatural gasHot Water

Cooling

Wall unit

Exterior

ConcreteStoneVinyl siding

Construction

Poured concreteWood frame

Flooring

CarpetedCeramic Tile

Foundation

Poured Concrete

Lot

PVC windowCloset OrganizersNo Smoking HomeParking

Community

Pets Allowed With RestrictionsAge Restrictions

Security

Full Sprinkler System

Fee includes

Common Area MaintenanceProperty ManagementWaste RemovalGround MaintenanceHeatElectricityInsuranceCondominium AmenitiesParkingReserve Fund ContributionsSewer
Positive cash flow ~$261/mo at these assumptions

Cash on cash

3.73%

Cap rate

5.61%

GRM

12.0

Break-even rent

$2,625

Financing

Down payment$83,800
Loan amount$335,200
Mortgage$1,698/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$192
Insurance$80
Maintenance$349
CapEx reserve$175
Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $1,698/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 3, 2026.

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