REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,500,000
Est. payment | /mo
$ 1,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Sunnyside
MLS Listing ID A2344803
Year Built 1977
Property Sub-Type Multi Family
Property Description
RARE INNER-CITY ASSEMBLY — 7 TITLED CONDO UNITS SOLD AS ONE PACKAGE. A single owner holds seven of the ten units in this well-maintained Sunnyside building and is offering all seven together.
UNIT MIX: Six one-bedroom units and one two-bedroom. All seven are currently tenant-occupied on staggered lease terms and every unit includes in-suite washer and dryer. Consistent finish package throughout — maple cabinetry,granite countertops,laminate and tile flooring.
INCOME: $10,500 per month gross,$126,000 annually. Condo fees cover water/sewer,heat,waste and recycling,snow removal,grounds maintenance,building insurance and building maintenance; electricity is tenant-paid.
RECENT CAPITAL IMPROVEMENTS: new boiler (2015),rubber membrane roof (2018),security cameras (2019),parking lot re-paved (2023),balcony vinyl decking and railings replaced (2024),exterior caulking replaced building-wide (2024),new parapet flashing (2024).
LOCATION: The building backs directly onto the Sunnyside LRT station,one stop from downtown,and is a short walk to Kensington's shops and restaurants,the Bow River pathways,Riley Park,and the Peace Bridge. Close to downtown employment and SAIT. Surrounding blocks are actively densifying with new projects underway within sight of the property.
LONG-TERM UPSIDE: Under the City of Calgary's approved Riley Communities Local Area Plan,the site falls within the Core Zone of the Sunnyside LRT Transit Station Area,where the Plan directs the greatest building scale and activity. The Plan identifies the site for Mid Scale development of up to 12 storeys (current land use: M-CG) and supports parking relaxations near transit. Across the tracks,the 10 Street NW Main Street is planned for even greater heights. Building heights in the Plan are maximums; redevelopment would require a land use amendment and City approval,and buyers should complete their own due diligence. Collect strong rental income today on one of the most transit-connected sites in inner-city Calgary,with a path toward securing the full building over time.
UNIT MIX: Six one-bedroom units and one two-bedroom. All seven are currently tenant-occupied on staggered lease terms and every unit includes in-suite washer and dryer. Consistent finish package throughout — maple cabinetry,granite countertops,laminate and tile flooring.
INCOME: $10,500 per month gross,$126,000 annually. Condo fees cover water/sewer,heat,waste and recycling,snow removal,grounds maintenance,building insurance and building maintenance; electricity is tenant-paid.
RECENT CAPITAL IMPROVEMENTS: new boiler (2015),rubber membrane roof (2018),security cameras (2019),parking lot re-paved (2023),balcony vinyl decking and railings replaced (2024),exterior caulking replaced building-wide (2024),new parapet flashing (2024).
LOCATION: The building backs directly onto the Sunnyside LRT station,one stop from downtown,and is a short walk to Kensington's shops and restaurants,the Bow River pathways,Riley Park,and the Peace Bridge. Close to downtown employment and SAIT. Surrounding blocks are actively densifying with new projects underway within sight of the property.
LONG-TERM UPSIDE: Under the City of Calgary's approved Riley Communities Local Area Plan,the site falls within the Core Zone of the Sunnyside LRT Transit Station Area,where the Plan directs the greatest building scale and activity. The Plan identifies the site for Mid Scale development of up to 12 storeys (current land use: M-CG) and supports parking relaxations near transit. Across the tracks,the 10 Street NW Main Street is planned for even greater heights. Building heights in the Plan are maximums; redevelopment would require a land use amendment and City approval,and buyers should complete their own due diligence. Collect strong rental income today on one of the most transit-connected sites in inner-city Calgary,with a path toward securing the full building over time.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning M-CG
Direction NW
Interior
Inclusions 7x Refrigerator, 7x Electric Stove, 7x Range Hood, 7x Dishwasher, 7x Washer, 7x Dryer
Fireplace No
Exterior
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Listed by eXp Realty
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!
Real Estate News & Resources
