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$ 2,200,000
Est. payment | /mo
5,000 SqFt
$ 2,200,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $440
Subdivision Lower Mount Royal
MLS Listing ID A2347829
Year Built 1963
Property Sub-Type Multi Family
Property Description
Rare inner-city income property in the heart of Lower Mount Royal. This 10-unit,3-storey walk-up sits on a 6,500 SF M-C2 zoned lot in one of Calgary's most established and desirable SW neighbourhoods,steps from 17th Avenue,restaurants,transit,and amenities.
Built in 1963 and solidly constructed,the building offers a suite mix of 4 one-bedroom and 6 two-bedroom units,with current rents running meaningfully below the immediate neighbourhood market,representing a clear value-add opportunity.
The right buyer is one who can acquire without conventional financing constraints,optimize the rent roll over the near term,and hold a well-located inner-city asset in a submarket with genuine long-term demand fundamentals. Financials and rent roll available upon request.
Built in 1963 and solidly constructed,the building offers a suite mix of 4 one-bedroom and 6 two-bedroom units,with current rents running meaningfully below the immediate neighbourhood market,representing a clear value-add opportunity.
The right buyer is one who can acquire without conventional financing constraints,optimize the rent roll over the near term,and hold a well-located inner-city asset in a submarket with genuine long-term demand fundamentals. Financials and rent roll available upon request.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning M-C2
Direction SW
Interior
Inclusions laundry machines, equipment, appliances, window coverings, and maintenance equipment
Fireplace No
Exterior
Total Parking Spaces 10
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Listed by CDN Global Advisors Ltd.
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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