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$ 7,800,000
Est. payment | /mo
17,976 SqFt
$ 7,800,000
Est. payment | /mo
17,976 SqFt
Key Details
Property Type Multi-Family
Sub Type Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 17976.0
Square Footage 17,976 sqft
Price per Sqft $433
Subdivision Albert Park/Radisson Heights
MLS Listing ID A2294230
Year Built 2026
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Row/Townhouse
Property Description
Welcome To An Exceptional New Construction 22-Unit Purpose-Built Rental Development Located In The Evolving Inner-City Community Of Radisson Heights. Situated At 2822 & 2828 11 Avenue SE,This Thoughtfully Designed Multi-Family Asset Presents A Rare Opportunity To Acquire A Modern,Income-Generating Property In A High-Demand Rental Corridor Just Minutes From Downtown Calgary. Scheduled For Completion In Summer 2026,The Project Features A Well-Balanced Unit Mix Tailored To Today's Rental Market,Including A Selection Of One,Two,And Three-Bedroom Suites. The Development Comprises Four Wood-Frame Residential Buildings,Complemented By Two Detached Garages,Offering A Total Of 12 Parking Stalls. Each Suite Has Been Designed With Durability,Efficiency,And Long-Term Operational Performance In Mind,Featuring Luxury Vinyl Plank Flooring,Quartz Countertops,Stainless Steel Appliances,And 9-Foot High Ceilings. All Units Include In-Suite Laundry,While Main Floor Suites Offer Private Balconies,Enhancing Livability And Tenant Retention. The Property Incorporates A Dedicated Affordability Component,With 6 Units (Approximately 25–27%) Designated As Affordable Housing,Aligning With CMHC MLI Select Program Objectives And Supporting Stable Occupancy And Long-Term Income Consistency. Strategically Located,The Property Benefits From Proximity To A Wide Range Of Amenities,Including Schools,Shopping Centers,Places Of Worship,And Public Transit,Including LRT Access. Residents Will Also Enjoy Convenient Connectivity To Downtown Calgary,Along With Potential City Skyline And Mountain Views,Further Enhancing The Property's Overall Appeal. [Energy Efficiency And Sustainability Features To Be Detailed – Designed With Consideration For Modern Building Performance Standards And Long-Term Operational Efficiency.] Radisson Heights Continues To Experience Ongoing Revitalization And Strengthening Rental Demand Fundamentals,Making This An Ideal Location For Long-Term Investment. The Combination Of New Construction,Efficient Building Design,And A Diversified Unit Mix Positions The Asset To Perform Well Under Evolving Market Conditions While Supporting Sustainable Income Growth Over Time.
Location
Province AB
County Cal Zone E
Area Cal Zone E
Zoning R-CG
Direction SE
Interior
Fireplace No
Appliance Electric Range, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Microwave Hood Fan, Washer/Dryer
Exterior
Parking Features Alley Access, Quad or More Detached
Garage Spaces 12.0
Total Parking Spaces 12
Garage Yes
Building
Dwelling Type Other
New Construction Yes
Others
Restrictions None Known
Listed by Royal LePage METRO
LOCATION AND OTHER NEARBY PROPERTIES
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.
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