Incredible Investment Opportunity w/ Nearly 10% CAP Rate! Whether you're a savvy investor or a buyer looking to break into the market, Unit 302 checks a lot of boxes—renovated, top floor, corner unit, 2 beds, 1 bath, gated parking, & an unbeatable price tag.
Located in the sought-after inner-city community of Bridgeland, this is a rare chance to own in one of Calgary’s most walkable, connected neighborhoods. Only minutes from downtown, w/ East Village, Kensington, & the Bow River pathway nearby, you’ll love the lifestyle this location offers. Shops, breweries, fitness studios, dining, playgrounds, parks, Blush Lane Market, & more are just steps from your building.
Meredith Road offers beautiful tree-lined streets, free 2-hr guest parking, & a charming boutique building w/ gated parking. Inside, the building is well-maintained, featuring freshly painted hallways & clean carpets. On the 3rd floor, Unit 302 awaits—a renovated, light-filled corner unit w/ flat ceilings (no popcorn!), updated LVP flooring, & a thoughtful layout.
The entry offers a front hall closet, space for a console or mirror, & opens into your main living area. The kitchen features SS appliances, a full-size fridge, pantry, & a window over the sink—plus an opening to the living room that lets in natural light. The living/dining area is well-sized, w/ room for a 4-seat table, spacious lounge area, & access to your N-facing balcony w/ glass railing & dura deck flooring—perfect for enjoying the skyline while staying cool in summer.
Both bedrooms are generously sized—the primary fits a queen & nightstands. The renovated bathroom includes a marble-top vanity, modern fixtures, deep soaker tub, tiled surround, & sleek glass doors. Bonus wall niche for extra storage or decor.
Shared laundry (FREE) w/ newer LG washer/dryers, secured assigned parking (stall #302), & a shared storage room round out the offering. While this building is older, the siding has been updated, & the unit itself shows well—even though it’s no longer staged & is currently tenant-occupied. Yes, the windows could use upgrading & laundry is shared, but for a renovated 2 bed unit at this price, it’s a trade-off that makes sense.
The catch? Possession requires 90 days, & the current tenant (paying $1,900/mo + electricity) would love to stay until Oct. 31st of this year—making this ideal for investors or flexible buyers.
Don’t take this opportunity for granted—this unit offers serious value, strong rental income, & long-term upside in an unbeatable location.
Book your showing today & make your move before someone else snaps it up.
P.S. WATCH THE VIDEO!
Data was last updated June 7, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$430,000
Min list price:
$100,000
Max list price:
$2,100,000
Avg days on market:
36
Min days on market:
1
Max days on market:
284
Avg price per sq.ft.:
$527
These statistics are generated based on the current listing's property type
and located in
Bridgeland/Riverside. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.