Listing Details

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.