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$ 2,375,400
Est. payment | /mo
4,497 SqFt
$ 2,375,400
Est. payment | /mo
4,497 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,497 sqft
Price per Sqft $528
Subdivision Eau Claire
MLS Listing ID A2304374
Year Built 2024
Property Sub-Type Multi Family
Property Description
Turnkey Investor Package #2 at First & Park,a premium opportunity to secure a strategic multi-unit portfolio in one of Calgary's most desirable riverfront communities. Completed in 2024,this boutique concrete development offers strong fundamentals for investors seeking stable long-term rental income and appreciation in a supply-constrained inner-city location.
Purpose-built for scalability,this package features a high-performing mix of larger layouts,including 2 Bed,2 Bed + Den configurations,ideal for maximizing rental income and attracting quality tenants.
This package includes:
Unit 1302 (E1) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
Unit 713 (D5) – 2 Bed,2 Bath | North Exposure | 715 SQFT
Unit 302 (E1) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
Unit 408 (D2) – 2 Bed + Den,2 Bath | South West Exposure | 774 SQFT
Unit 208 (E1-2) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
This diverse unit mix provides exposure to higher rental brackets,making it ideal for professionals,roommates,and executive tenants seeking proximity to downtown and lifestyle amenities. Larger floor plans with dens add flexibility for work-from-home tenants,further enhancing rental demand.
Currently,the building permits long-term rentals only,creating a stable investment environment with predictable income and reduced turnover risk.
Each unit is backed by a 5-Year New Home Warranty,offering peace of mind and reduced maintenance concerns for investors.
Located steps from the Bow River pathway system,Prince's Island Park,and Eau Claire,First & Park delivers unmatched lifestyle appeal. Residents enjoy immediate access to downtown offices,transit,restaurants,and Calgary's top recreational amenities,a key driver for sustained rental demand.
Building features include:
Concierge service
Fitness centre & yoga studio
Owner's lounge & co-working spaces
Heated underground parking & EV readiness
Secure bike storage
This is a rare opportunity to acquire scale in a prime location,combining larger,high-demand layouts with strong long-term growth fundamentals.
Investor Package #2 offers size,versatility,and location,a high-quality addition to any real estate portfolio in Calgary's core.
Purpose-built for scalability,this package features a high-performing mix of larger layouts,including 2 Bed,2 Bed + Den configurations,ideal for maximizing rental income and attracting quality tenants.
This package includes:
Unit 1302 (E1) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
Unit 713 (D5) – 2 Bed,2 Bath | North Exposure | 715 SQFT
Unit 302 (E1) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
Unit 408 (D2) – 2 Bed + Den,2 Bath | South West Exposure | 774 SQFT
Unit 208 (E1-2) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
This diverse unit mix provides exposure to higher rental brackets,making it ideal for professionals,roommates,and executive tenants seeking proximity to downtown and lifestyle amenities. Larger floor plans with dens add flexibility for work-from-home tenants,further enhancing rental demand.
Currently,the building permits long-term rentals only,creating a stable investment environment with predictable income and reduced turnover risk.
Each unit is backed by a 5-Year New Home Warranty,offering peace of mind and reduced maintenance concerns for investors.
Located steps from the Bow River pathway system,Prince's Island Park,and Eau Claire,First & Park delivers unmatched lifestyle appeal. Residents enjoy immediate access to downtown offices,transit,restaurants,and Calgary's top recreational amenities,a key driver for sustained rental demand.
Building features include:
Concierge service
Fitness centre & yoga studio
Owner's lounge & co-working spaces
Heated underground parking & EV readiness
Secure bike storage
This is a rare opportunity to acquire scale in a prime location,combining larger,high-demand layouts with strong long-term growth fundamentals.
Investor Package #2 offers size,versatility,and location,a high-quality addition to any real estate portfolio in Calgary's core.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning DC (pre 1P2007)
Direction SW
Interior
Heating Central, Natural Gas
Cooling Central Air
Inclusions For each unit: Built-In Oven, Dishwasher, Gas Cooktop, Range Hood, Refrigerator, Washer/Dryer, Key Fob(s), Door Key(s)
Fireplace No
Exterior
Roof Type Tar/Gravel
Garage No
Building
Lot Description Near Public Transit, Paved, Views
Dwelling Type High Rise (5+ stories)
Foundation Poured Concrete
Others
Restrictions Utility Right Of Way
Listed by RE/MAX Complete Realty
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Shuvolaxmi Dutta
Highly recommend! An absolute pleasure to work with.
We recently purchased our beautiful new home in Calgary with the help of Viren and we couldn’t be happier with the entire experience. From the very beginning, he truly listened to our specific needs, likes, and dislikes. He understood exactly what we were looking for in a family home and didn’t recommend us to see anything that didn’t align with our vision.
He was very respectful of our budget and helped us find excellent options within our range without ever making us feel pressured. He never rushed us — even when we took time to think things through, he was patient and supportive every step of the way.
What really stood out was how he went above and beyond during the final walkthrough. He took care of a few issues that came up and made sure everything was properly addressed before closing. It gave us so much peace of mind.
Most importantly, working with him felt like searching for a home with a close family friend. His warmth, honesty, and genuine care made, what could have been a stressful process, truly enjoyable. We are so grateful for his help in finding our perfect family home and would recommend him to anyone without hesitation!
Thank you again Viren!
Stallone Dias
We recently worked with Viren to purchase a rental property, and the experience was excellent from start to finish.
Buying a home can be stressful, but Viren made the entire process smooth and straightforward. He was knowledgeable, responsive, and always available to answer our questions. We never felt pressured and always felt that he had our best interests in mind.
His guidance throughout the search, negotiations, and closing process was invaluable, and thanks to his hard work, we found the perfect property.
I would highly recommend Viren to anyone looking to buy or sell a home. Thank you for making what could have been a stressful experience such a positive one! - We will definitely be in-touch when we're in the market for another property.
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.
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