About 312, 930 18 Avenue Sw
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.
Features of 312, 930 18 Avenue Sw
| MLS® # | A2231173 |
|---|---|
| Price | $250,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 554 |
| Acres | 0.00 |
| Year Built | 1983 |
| Type | Residential |
| Sub-Type | Apartment |
| Style | Single Level Unit |
| Status | Active |
Community Information
| Address | 312, 930 18 Avenue Sw |
|---|---|
| Subdivision | Lower Mount Royal |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2T 0H1 |
Amenities
| Amenities | Bicycle Storage, Elevator(s), Parking, Secured Parking, Trash |
|---|---|
| Parking Spaces | 1 |
| Parking | Assigned, Garage Door Opener, Parkade, Secured, Stall, Underground |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Breakfast Bar, Closet Organizers, Kitchen Island, Laminate Counters, Open Floorplan, Soaking Tub |
|---|---|
| Appliances | Dishwasher, Electric Stove, Garage Control(s), Microwave Hood Fan, Refrigerator, Stove(s), Washer/Dryer, Window Coverings |
| Heating | Baseboard |
| Cooling | None |
| Fireplace | No |
| # of Stories | 4 |
| Has Basement | No |
Exterior
| Exterior Features | Balcony |
|---|---|
| Roof | Asphalt Shingle |
| Construction | Brick, Vinyl Siding, Wood Frame |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | June 14th, 2025 |
|---|---|
| Days on Market | 54 |
| Zoning | M-C2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RE/MAX First |
|---|