* Amounts are estimates only. Final payment amounts may vary.
Description
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.
Property details
Basic Info
MLS® #
A2231173
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Lower Mount Royal
Price
$240,000
Sale/Lease:
For Sale
Size:
554 sq.ft.
Bedrooms:
1
Bathrooms:
1
Year Built:
1983 (42 years old)
Building Info
Structure Type:
Low Rise (2-4 stories)
Building Style:
Apartment-Single Level Unit
Garage:
Yes
Parking:
Assigned, Garage Door Opener, Parkade, Secured, Stall, Underground
Fence:
Basement:
No
Features:
Breakfast Bar, Closet Organizers, Kitchen Island, Laminate Counters, Open Floorplan, Soaking Tub
Inclusions:
Electric Stove, Microwave Hood Fan, Refrigerator, Dishwasher, Washer, Dryer, Window Coverings (Curtains & Curtain Rods), Vanity Mirror, Shelf in Bathroom, Building Fob(s), Mailbox Key(s)
Common Area Maintenance, Heat, Insurance, Interior Maintenance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Pets Allowed:
Yes
Lot / Land Info
Zoning:
M-C2
Materials & Systems
Roof:
Asphalt Shingle
Exterior:
Brick,Vinyl Siding,Wood Frame
Floors:
Carpet, Laminate, Slate, Tile
Foundation:
Poured Concrete
Heating:
Baseboard
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
