1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
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$ 17,250,000
Est. payment | /mo

32,507 SqFt


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$ 17,250,000
Est. payment | /mo
Save

32,507 SqFt

Key Details

Property Type Multi-Family

Sub Type Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 32507.0

Square Footage 32,507 sqft

Price per Sqft $530

Subdivision Capitol Hill

MLS Listing ID A2284605

Style 2 Storey

Year Built 2020

Lot Size 0.750 Acres

Acres 0.75

Property Sub-Type Row/Townhouse

Property Description

Wilderness Ridge offers a rare opportunity to acquire an institutional-quality,24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park,within Calgary's mature,inner-city Capitol Hill community.
For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield,liquidity,and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile).
Newly completed in 2020,the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location,strong connectivity to Downtown,major transportation routes,post-secondary institutions (UofC and SAIT),and year-round outdoor recreation.
The Property is being offered with attractive CMHC financing in place. Detailed APOD,plans and financial info available on request to qualified buyers.

Location

Province AB

County Cal Zone Cc

Community Park, Playground, Pond, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Area Cal Zone Cc

Zoning M-CG d89

Direction NW

Rooms

Basement None

Interior

Interior Features Double Vanity, Kitchen Island, Open Floorplan, Quartz Counters, Soaking Tub, Vaulted Ceiling(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile, Vinyl Plank

Fireplaces Number 1

Fireplaces Type Circulating, Gas, Living Room

Inclusions Garage door opener, Window coverings

Fireplace Yes

Appliance Gas Stove, Refrigerator, Washer/Dryer

Exterior

Exterior Feature Private Entrance

Parking Features Single Garage Attached

Garage Spaces 24.0

Community Features Park, Playground, Pond, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Water Access Desc Public

Roof Type Asphalt Shingle

Total Parking Spaces 24

Garage Yes

Building

Lot Description Backs on to Park/Green Space, Environmental Reserve, Greenbelt, Near Golf Course

Dwelling Type Five Plus

Story Two

Foundation Poured Concrete

Builder Name Brava

Sewer Sewer

Water Public

Architectural Style 2 Storey

Level or Stories Two

New Construction Yes

Others

Restrictions None Known

Listed by Real Broker
LOCATION AND OTHER NEARBY PROPERTIES

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1426 23 AVE NW

REVIEWS

Michael Rand

I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.

Grace Logura

Viren is the Real Estate in Calgary, I would like to say he's very good person, he understood client, when making their choice on what they like or not, He's he's patient, and kind, if I know someone who went to buy house, i will recommend him.

keith mascarenhas

If you are looking for someone to help you with your real estate needs in Calgary look no further than Viren Vijayashankar. With his affable style and genuine care to meet your requiremnts he offers the best advice backed by years of fine tuned expertise. He helped us with some difficult remote decision making and look forward to working with him in the future.
Viren Vijayashankar

Viren Vijayashankar

Agent | CON-00135400

+1(825) 449-9438

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