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Data was last updated 2025-08-21 at 15:20:08 GMT
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 $240,000, 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)
Positive cash flow potential ? ~$250+/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 $240K offering underground parking, low fees, and strong rental returns?all in a walk-everywhere location. Vacant and move-in ready, with a motivated seller.
Listing Information
- Prop. Type:
- Apartment
- Property Style:
- Apartment-Single Level Unit
- Status:
- Active
- Condo/HOA Fee:
- $285.61
- City:
- Calgary
- Bedrooms:
- 1
- Full Bathrooms:
- 1
- Neighbourhood:
- Lower Mount Royal
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2231173
- Listing Price:
- $240,000
General Information
- Year Built:
- 1983
- Total Square Feet:
- 554ft2
Additional Information
- Parking:
- Assigned, Garage Door Opener, Parkade, Secured, Stall, Underground
Other Information
- Site Influences:
- Bicycle Storage, Elevator(s), Parking, Secured Parking, Trash
VIP-Only Information
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This property is listed by RE/MAX First and provided here courtesy of
Bryan Logel.
For more information or to schedule a viewing please contact Bryan Logel.

Bryan Logel
RE/MAX Real Estate (central)
Phone: 403-216-1600
Mobile Phone: 403-803-5740
Inquire Via Email
RE/MAX Real Estate (central)
Phone: 403-216-1600
Mobile Phone: 403-803-5740
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.