203 188 Niven Drive
$274,900
Looking to stop paying rent and enjoy affordable, turnkey condo living? Or perhaps you’re searching for a rare condo cash-flow investment opportunity? This modern Cavo studio condo delivers both, with even more value than before! The condominium corporation is now fully funded for both reserve and operating costs, resulting in recently reduced condo fees that now also include heat.
Located in the highly desirable Niven Lake neighbourhood, this bachelor-style condo offers the perfect balance of convenience and an active outdoor lifestyle. You’re within walking distance of downtown, making it easy to get to work, restaurants, coffee shops, and nightlife, while also being just steps from the Niven Lake Trail, cross-country ski and snowmobile trails, parks, and playgrounds. Whether you enjoy hiking, biking, or simply walking your dog, nature is always close to home.
The building welcomes you with a secure, locked entrance and convenient indoor mailboxes. Inside the unit, you’ll immediately appreciate the bright, open-concept layout, where the kitchen, living, dining, and sleeping areas blend together into one efficient, functional space. Large triple-pane windows flood the condo with natural light, creating a warm and inviting atmosphere.
The kitchen features maple veneer cabinetry, solid granite countertops, stainless steel appliances, and a stylish glass tile backsplash. The current layout includes a round dining table, but there’s plenty of flexibility to customize the space to suit your own lifestyle. Create a comfortable living room with a couch and coffee table, add a kitchen island for an eating and dinner prep area, or design the space exactly the way you envision it!
The nearby murphy bed makes it easy to nestle away to sleep after a long day, while the built-in cabinetry provides excellent storage for clothing and everyday essentials. A built-in desk also offers a dedicated workspace for working from home, studying, or enjoying hobbies and crafts.
The bathroom continues the home’s modern finishes with a granite-top vanity, glass vessel sink, ceramic tub surround, additional built-in shelving, and the convenience of an in-suite stackable washer and dryer.
Need extra storage? You’ll also enjoy your own private exterior storage unit (approximately 5′ x 8′, unheated), located on the upper level of the Cavo storage complex and accessed from the condo’s rear parking lot, which is a perfect space for storing your camping gear, seasonal items, and other outdoor equipment.
Whether you’re buying your first home, looking to simplify your lifestyle, or adding a low-maintenance investment property to your portfolio, this condo is an excellent opportunity. With average power bills of approximately $100 per month, heat included in the condo fees, immediate possession available, and bonus storage space, this property offers exceptional affordability and value!
Call or text Shane at (867) 446-1622 today to schedule your private viewing.
Condo Fees Include: Heat, Water, Building Insurance and Maintenance, Garbage and Snow Removal, Common Area Heating and Electricity, Property Management, and Reserve Fund.
Price Includes: Fridge, Stove, Dishwasher, Microwave, Washer, Dryer, all Window Coverings, Murphy Bed and Built-in Cabinets, Dining Table and Chairs, TV, White Cabinet, 1X External/Upstairs Storage Unit (#30), and 1X Energized Parking Stall.
Details
-
Address203 188 Niven Drive
-
LocationYellowknife
-
Price$274,900
-
TypeCondo Apartment
-
Bathrooms1
-
Year Built2015
-
Taxes$1,087.65
-
FeesCondo Fees: $529.91/mo.
-
Home Area457 sq. ft.
-
ParkingSingle Paved Energized
-
Heating CostIncluded in condo fees
Room Sizes
-
Living Room11.11 x 9.9
-
Kitchen6.7 x 10.10
-
Bedroom Area11.11 x 9.2
Location
Mortgage Calculator
Rate: 5% |
5% Down |
10% Down |
15% Down |
20% Down |
25% Down |
|---|---|---|---|---|---|
Down Payment |
$13,745 |
$27,490 |
$41,235 |
$54,980 |
$68,725 |
10 Years |
$2,874 |
$2,699 |
$2,542 |
$2,327 |
$2,182 |
15 Years |
$2,141 |
$2,010 |
$1,893 |
$1,733 |
$1,625 |
20 Years |
$1,785 |
$1,676 |
$1,578 |
$1,445 |
$1,355 |
25 Years |
$1,580 |
$1,484 |
$1,397 |
$1,279 |
$1,199 |
MONTHLY PAYMENTS ARE BASED ON A FIVE (5) YEAR TERM AT A RATE OF 5%. CMHC FEES INCLUDED. |
|||||