RENTED OUT: Renovated 2 bedroom downtown condo - $309,900

[Travis Munroe]

Offered at $309,900

This fully renovated 2 bedroom condo with underground parking is located on a quiet street in the heart of Connaught and just minutes to all the action of 17th ave! Huge windows cover the entire south wall welcoming an abundance of natural light which showcases the high end finishings throughout. The luxurious kitchen encompasses todays modern trends - marble counter tops, stainless steel appliances, wine fridge, sleek cabinetry & undermount lighting. Beyond the kitchen is a large living space, dining room with a built in marble top hutch and separate den. The oversized bathroom has plenty of cabinet space, designer faucets & a deep soaker tub. Entertain friends with a BBQ on the rooftop patio and soak in the gorgeous city views. This concrete building has it all - in suite laundry, underground parking, additional storage and so much more. Schedule your showing before this magnificent condo sells to someone else!

[calgarygeologist]

Looks nice. I think I looked at a condo in this building (or a similar building) a number of years ago. I remember that support column/wall being in a very awkward place and it provided for a weird space separation.

[core_upt]

I used to live in this building and it was great! Never heard noise from neighbours, location is amazing, parking is good.
Good luck with the sale!

[Travis Munroe]

Originally Posted by calgarygeologist

Looks nice. I think I looked at a condo in this building (or a similar building) a number of years ago. I remember that support column/wall being in a very awkward place and it provided for a weird space separation.

It was in a weird spot however my guy did a great job at using that to create a great den area!

[nik-]

condo fees are out of control these days

[cam_wmh]

Travis,
What's the background on those high condo fees?

[Travis Munroe]

Older building - tons of windows & a post tension building which has been well cared for!

[flamesrule_kipper34]

Where is this located/building name? Beautiful place!

[Travis Munroe]

Mariposa Gardens
626 15th Ave SW

[Travis Munroe]

Bump for 20k price drop and seller will pay for condo fees for a full year!

[Travis Munroe]

just dropped another 20k - extremely motivated to cash out and move onto his next project!

[Ozy_Flame]

Why is it not selling? Is there a special assessment pending?

[Travis Munroe]

No, condo documents/finances are great. They have a ton of cash - extra cash that they are pumping into modernizing the building. Buyers cant see past the condo fees but fail to see
- extremely low taxes compared to other units
- extremely low risk of fees being raised (unlike so many buildings)
- extremely low risk of special assessment due to finances being so solid

[Hockeyguy15]

Originally Posted by Realtor 1

Older building - tons of windows & a post tension building which has been well cared for!

Have you had many issues with CMHC and post tension cables? We are having a heck of a time selling, even though ours are maintained.

[Travis Munroe]

shouldnt be any issues at all - just need to know who to go to!

[Travis Munroe]

Absolute steal of a deal at 319,900 now! 2 Bedrooms, high end reno, heart of downtown....

[Hack&Lube]

Wow $309,900 now? You may want to update the thread title.

The condo fees are the main detraction still. If you live here for 5 years, you will have paid $37,920 in condo fees but there may be savings in terms of not paying for gas/water and lower property taxes?

[Travis Munroe]

taxes being half of what similar units are saves about 75 a month!
Thx for the reminder on the title!

[skudr248]

what is the condo fees on this? please pm!

[mrdonkey]

Travis was kind enough to show me around in person and I can vouch that it is an absolutely beautiful place in a great location. Condo fees are high but you will not find too many nicer places at that price, especially downtown.

If I weren't moving to Vancouver in the fall I'd have bought it. Whoever does will be very happy with it.