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New buildInvestment signal

$229,000

2310, 8500 19 Avenue SE

Save this home

Beds

1

Baths

1

Sqft

Year

2025

Type

Single Family

Suite

Suite potential

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

Welcome to this beautifully maintained one-bedroom, one-bath condo, an excellent turnkey investment opportunity! This modern unit features luxury vinyl plank flooring and sleek quartz countertops, complemented by ample cupboard and counter space in the well-designed kitchen. The spacious primary bedroom includes a walk-through closet that leads directly to the four-piece bathroom, offering both comfort and convenience. The bright, open living area is generously sized and filled with natural light. Step outside onto your own private deck, perfect for relaxing or enjoying fresh air. Additional highlights include titled underground parking and access to a fully equipped fitness facility within the complex. Currently tenant occupied with a very clean and responsible tenant in place, this property is ideal for investors. The lease runs until December 1, 2026, with current rent at $1,425 per month, providing immediate and stable rental income. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Belvedere
Common interest
Condo/Strata
Living area
503 square feet
Bedrooms
1 above grade, 0 below grade
Parking
1 total
Condo/HOA fee
$252.17 monthly
Stories
6
On market
Feb 11, 2026
Status changed
Apr 20, 2026
Annual tax
$0 (2025)
Zoning
MU-1
Photos
23
MLS#
A2282803
Area
CALGARY_NE

Features and systems

Parking

Underground

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave Range Hood ComboWindow Coverings

Heating

Baseboard heaters

Cooling

None

Exterior

BrickStucco

Construction

Wood frame

Flooring

Vinyl Plank

Lot

Closet OrganizersParking

Community

Pets Allowed With Restrictions

Fee includes

Common Area MaintenanceProperty ManagementWaste RemovalHeatInsuranceReserve Fund ContributionsSewer
Negative cash flow ~$69/mo at these assumptions

Cash on cash

-1.82%

Cap rate

4.50%

GRM

13.6

Break-even rent

$1,473

Financing

Down payment$45,800
Loan amount$183,200
Mortgage$928/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$105
Insurance$80
Maintenance$191
CapEx reserve$95
Vacancy loss$70

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.

Mortgage estimate

Estimated $928/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 Apr 20, 2026.

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