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$ 2,750,000
Est. payment | /mo
10,400 SqFt
$ 2,750,000
Est. payment | /mo
10,400 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,400 sqft
Price per Sqft $264
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
Charlene Soares
Viren is a very responsive realtor who drops everything to come see his clients. He will help you with your house purchasing decisions by providing additional resources to evaluate the current market situation and always available for questions. Great realtor to choose if you are on the market searching for excellent help!
Crystal Carew
Viren is excellent to talk to about real estate. He is very knowledgeable about the Tuscany and Rocky Ridge areas of Calgary. I always enjoy chatting with him.
caroline nunes
Viren is an amazing realtor. He is knowledgeable and has great insights. He is also very easy to work with and friendly.
He helped us when we moved to Calgary. And am sure he will help you find a great house in the perfect location suited to your needs.
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