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.
Address
312, 930 18 Avenue SW
List Price
$250,000
Property Type
Residential
Type of Dwelling
Apartment
Style of Home
Single Level Unit
Transaction Type
sale
Area
Calgary CC
Sub-Area
Lower Mount Royal
Bedrooms
1
Bathrooms
1
Floor Area
554 Sq. Ft.
Year Built
1983
Maint. Fee
$285.61
MLS® Number
A2231173
Listing Brokerage
RE/MAX First
Postal Code
T2T 0H1
Zoning
M-C2
Site Influences
Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Sidewalks, Street Lights
