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$ 2,750,000
Est. payment | /mo
8,650 SqFt
$ 2,750,000
Est. payment | /mo
8,650 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,650 sqft
Price per Sqft $317
Subdivision Beltline
MLS Listing ID A2304728
Year Built 1957
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Multi Family
Property Description
Located in the heart of Calgary's highly desirable Beltline District,1309-12th Avenue SW offers a rare multiunit investment with both stability and upside. This is a three-level,eleven-unit apartment building which consists entirely of large one-bedroom suites,ranging between 750 and 800 square feet,as well as one smaller unit—making it an ideal asset for targeting the city's growing population who desire an urban living environment. This apartment building was constructed in 1957 and has a solid structure,bones and fundamentals. Most units have received various levels of interior renovations over time,however,there remains opportunity for any investor who seeks to update this asset to further drive rental growth. For the ambitious investor this is a rare opportunity to secure an income generating property in a prime location,which offers strong cash flow and incredible long term value. There are 5 total parking stalls. This building is minutes from Kensington,downtown,17th Avenue,CTrain and bus routes,access to parks and the bow river pathway. 1309-12th Avenue SW stands as a prime value-add opportunity in one of Calgary's most desirable,walkable and sought-after urban communities.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning CC-MHX
Direction SW
Interior
Heating Boiler, Natural Gas
Inclusions 11 FRIDGES 11 STOVES
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 6
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions See Remarks
Listed by RE/MAX Real Estate (Mountain View)
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Sara Bietz
I’ve had the pleasure of working with Viren in Arbour Lake, and I’ve always been impressed with how professional, responsive, and easy to work with they are. They genuinely care about their clients and consistently go above and beyond to make sure things are handled properly.
It’s always a pleasure working with someone who is knowledgeable, reliable, and truly puts their clients first. I would happily recommend Viren to anyone looking for a great realtor in Calgary’s Northwest.
Geeta Singh
As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.
Sartaj Sekhon
Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary.
What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road.
Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue!
If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!
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