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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 rangeIn-suite laundry, updated stainless steel appliances & fresh paintSouth-facing balcony for natural light and outdoor livingEfficient layout with space to personalizeINVESTOR 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 amortizationQuick possession means you can start generating income right awayBUILDING PERKS:Secure fob access, bike storage & elevatorWell-managed with many units sharing costs—helping keep fees lowPET POLICY:1 dog (under 40 cm shoulder height) or up to 2 cats/other pets per unit, subject to board approvalThis 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. (id:37074)
Property Features
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Property Details
| MLS® Number | A2231173 |
| Property Type | Single Family |
| Neigbourhood | Lower Mount Royal |
| Community Name | Lower Mount Royal |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Community Features | Pets Allowed, Pets Allowed With Restrictions |
| Features | Closet Organizers, Parking |
| Parking Space Total | 1 |
| Plan | 9111924 |
Parking
| Underground |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 1 |
| Bedrooms Total | 1 |
| Appliances | Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Window Coverings, Garage Door Opener, Washer & Dryer |
| Constructed Date | 1983 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Vinyl Siding |
| Flooring Type | Carpeted, Laminate, Slate, Tile |
| Foundation Type | Poured Concrete |
| Heating Type | Baseboard Heaters |
| Stories Total | 4 |
| Size Interior | 554 Ft2 |
| Total Finished Area | 554.2 Sqft |
| Type | Apartment |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Other | 4.25 Ft x 9.67 Ft | ||
| Main Level | Laundry Room | 6.25 Ft x 4.67 Ft | ||
| Main Level | Kitchen | 10.58 Ft x 8.50 Ft | ||
| Main Level | Dining Room | 10.75 Ft x 7.42 Ft | ||
| Main Level | Living Room | 10.75 Ft x 10.00 Ft | ||
| Main Level | 4pc Bathroom | 4.83 Ft x 7.58 Ft | ||
| Main Level | Primary Bedroom | 10.17 Ft x 10.75 Ft | ||
| Main Level | Other | 15.25 Ft x 5.58 Ft |
Land
| Acreage | No |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Total Text | Unknown |
| Zoning Description | M-c2 |
