Located just a few steps from Kensington Road NW, this well designed building has 10 residential units, (4 two beds, 6 one beds). main floor has two street level retail units fully leased out. Second floor is undeveloped and currently designated as commercial space. It could be developed into 5 more residential units with the same floor plans as the above two floors. there is one elevator and 10 underground parking stalls. lots of street parking and great walk score. Current retail leases are long term and residential units are fully leased. Current Gross Revenue is $357,500 . Current Total costs are $97,500 per year. Current NOI is $260,000. NOI with second floor developed is $370,110 and has a price tag of about $750,000 and requires about 6 months. CAP rate with second floor developed is 5.5%. ($370,110/$6,750,000=5.5%)More details
This is a 16 unit strata titled building located in the heart of Mission. The projected income is $18,950/month with yearly expenses budgeted at $65,000. This site is 10,823 sqft with the potential for redevelopment to a 9 storey apartment style complex.More details
Fantastic Investment Opportunity! Solid 20 unit walk-up located in Bankview. Comprised of 11 x 1 bedroom units, 7 x 2 bedroom units and 2 bachelor suites. While updated, these units maintain their original 1950's charm. Common area includes shared coin laundry. Back lane access to 4 garage and 4 carport parking spaces. Located on the corner of 17th Ave SW and 18 St SW. 120' x 112' zoned MR0201. Steps to transit, all the amenities and restaurants of 17th Ave SW. Walk or bike to the Core. Perfect for young professionals and students.More details
High End finishing throughout! Mix of 9 - 2 bedroom, 1 bathroom units, 2 - 1 bedroom, 1 bathroom unit and 2 bachelor units all with their own in suite laundry plus there are 6 energized parking stalls. This great building is in an amazing location in the heart of Lower Mount Royal and right off of 17 Avenue! Offered at a great NOI of $160,000 with a 5.7% CAP rate! BEST OF ALL THIS BUILDING IS STRATA TITLED other than the 2 illegal bachelor units making the options are endless. All SEPARATE METERS. Hold and cash flow or sell each unit individually. Solid long term economic life left on this gem that is always rented - every unit is massive and not cookie cutter finished with granite, tile and hardwood. Great option for an Air BnB or in the past the seller had fully furnished units to boost revenue - another option for a potential buyer. Building has been fully renovated in recent years with new windows, roof, plumbing, electrical, framing, all brand new drywall/paint and exterior! Fully functional intercom system and open common areas with newer carpet and maple railings. PLEASE SEE SUPPLEMENTS FOR RENT ROLL - THANKS.More details
Great investment opportunity to own a 16 plex (1 bedrooms) multi-family
apartment. Owner has maintained this property through out his ownership
of 20+ years. Updates include: Hardy board exterior, upgraded windows,
interior paint, flooring and central vac for common areas. Good sized lot
with 16 surface parking, in the heart of Bowness and minutes away from
transit, retail amenities, parks and schools. Opportunity to increase cashflow with Calgary's tight rental market.More details
Price Includes all three parcels 2103 14 Street, 2107 14 Street and 1437 19 Avenue S.W. for $2,500,000. Seller will consider a VTB on the purchase of the land at rates below prime on a interest only loan with proper down payment. With a Short-term build timeline to build and Zoned M-U1, this land assembly is ideal for a low rise apartment building. or townhomes with mixed use (residential/retail/office) over 10,700 sq/ft of land to utilize. A Corner block parcel, located 2 blocks off 17 Avenue SW. Perfect walking distance to restaurants, quirky shops and coffee bars. Accomplish breathtaking views of Downtown and Calgary's north skyline with a 5-6 story building. There is the upside of 13 rental $$$ income units currently rented till you decide to build. Possibility, to have property managed for short term, till you build. Easy access Marda Loop, the downtown core and Crowchild Trail. To be sold in conjunction with 2103 14 St. SW and 1437 19 Ave SW.More details
Rare Opportunity!! This legal 8 plex has separate entrances and four double detached garages in the back. Four units are three bedrooms upper suites with 2.5 baths and an open concept feel. Four units are one bedroom legal basement suites with separate laundry and lots of light . The upper units are bright with 9' high ceilings, windows (includes covers) and lighter finishes. Wide plank vinyl flooring is throughout the main level living rooms to dining room, with ceramic tile entry's and two piece bathrooms. The L shaped kitchens has stainless steel appliances, TRUspace cabinetry, quartz counter tops and gas stove. Plenty of counter space, with a center island and extra overhang counter-height seating area. Carpeted stairs lead up to another living area loft. Two bedrooms on one side a four piece bathroom, and laundry room. The master bedroom has knockdown ceiling spacious closet and four piece ensuite. The four legal secondary suites are accessed from the sides of the duplex, on a cement walkway You will notice the same finishes as upstairs have been carried out in the one bedroom suites. The tall ceilings and big kitchen window to allow natural light keep it feeling open and airy. Your own front load washer and dryer are tucked away beside a four piece bathroom. This property does qualify for CMHC insured MLI select so connect with your favourite Realtor and Mortgage Broker today!More details
Excellent Investment Oppurtunity! 11 x 1 bedroom units. 8 units have renovated bathrooms, and 10 units renovated kitchens including new kitchen cabinets & counters, vanities, toilets and exhaust fans. Parking for up to 7 vehicles at the back of the building as well as on street parking. Building is well maintained with new common are a carpets in the last 5 years. New security system installed in 2020. New boiler (2014) and hot water tanks (2016). Torch on roof was re-done 7+ years ago. Walking distance to Sunalta LRT station, downtown and close to all amenities.More details
OPEN HOUSE ON FEBRUARY 28 (TUESDAY) BETWEEN 2-3PM. RARE OPPORTUNITY IN ONE OF CALGARY’S MOST AFFLUENT NEIGHBOURHOODS. The 8 PLEX (4 two beds & 4 one beds) sits on a 75'x125' sloping lot with EXCELLENT CITY VIEWS! Property underwent vacation of tenants and full renovation in 2021/2022. It included All new roof, new appliances (except fridges), new floors and decks, new doors, casings, rubber baseboards, railings and paint job (new knock down ceilings). New Plumbing, new cabinetry, new light fixtures, new baths, tiles, and bathroom accessories.
Two new boilers replaced in 2020 and Updated front elevation. CAP RATE IS 6%. Location is minutes from MRU, Parks, trendy Marda Loop shopping, restaurants, coffee shops, easy walk/bike to amenities. Please do not disturb tenants.More details
eleven suite frame apartment building with brick exterior, 11 x two bedroom units at 800 sf, balconies on 8 upper units, all windows and patio doors recently replaced, eleven parking stalls at rear with plugins plus extra parking area, large laundry area, mechanical room and storage lockers, convenient Wildwood location, walking distance to Westbrook MallMore details
Well maintained concrete building with MC-2 zoning. This multi family home has 8 units and 8 parking stalls. Two of the units are 2-bedroom and the other six are 1-bedroom units. There are no vacancies. It features newer appliances, new hot water tank, a newer boiler with a brand new boiler on the premises for when required. A brand new roofing system has just been installed on the concrete deck and a new intercom system is in the process of being installed. It has a landscaped front lot and paved parking at the rear of the building. Conveniently located in the inner city this location is minutes from downtown. East facing units enjoy views of the city skyline while the west facing units enjoy the quiet neighbourhood and street. Don't miss out on this great investment opportunity!More details
GREAT INVESTMENT OPPORTUNITY with $100,436 NOI for 9 UNIT (x6 - 1 bedroom, 1 bathroom units and x3 - 2 bedroom, 1 bathroom units plus a previous owner's suite). Primely located in the heart of South Calgary! Massive 1400 square foot plus basement unit built on top of the garage with its own private balcony and garage, that used to be the owner's suite! Roof, Windows and Boiler all RENOVATED within the last 10 years +/-. MC-1 zoning with huge 87.5 x 125 foot lot - amazing opportunity for re-development in the future & great LAND VALUE! 9 Parking stalls + garage for additional monthly revenue stream! Perfect multi-family for holding (cash flow) or renovating/flipping with re-development potential! Opportunities like this rarely come on the market, and in such a PRIME location! Just a quick drive to the trendy Marda Loop community, a 5 minute drive to 17th Avenue, 8 minute drive to Mt. Royal University and within walking distance to multiple green parks, renting units will never be a problem!! Offered at $1,799,000 with a 5.6% CAP rate!More details
Data was last updated March 30, 2023 at 04:05 PM (UTC)
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