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Data was last updated 2024-10-27 at 22:55:03 GMT
Fantastic Investment Opportunity!This solidly built 20-unit complex, ideally located on the corner of 17th Ave SW and 16 St SW, offers a fantastic mix of newly developed suites. The Concrete building features 1 one-bedroom units(774.88sqf), 12 two-bedroom units(801.56sqf/774.88sqf), 5 three-bedroom units(959.32), and 2 bachelor suites?catering to various tenant needs. Common areas include shared coin-operated laundry, ensuring convenience for all residents.
Major Repairs & Updates:
New Boiler 2024 Aug $53,000,Newer Roof - 2017 ~$67,000,Newer Windows & Doors (90+) - 2012 ~$75,000,new painting, and 18 unit new flooring.The property also offers rear lane access to 4 garage spaces and 4 covered carports, providing valuable parking options.
This 120' x 112' lot is zoned MR0201, offering potential for future development in this highly desirable location. Residents enjoy prime accessibility with walking distance to the C-Train station and a bus stop conveniently located right outside the building. With quick access to SAIT, the University of Calgary, Mount Royal University, downtown, and Western Canada High School, the property is perfectly positioned for students and professionals alike.
Take advantage of this rare offering in a sought-after area, ideal for investors looking to capitalize on Calgary's growing real estate market. Contact us today to book a viewing!
Listing Information
- Prop. Type:
- Apartment
- Status:
- Active
- City:
- Calgary
- Neighbourhood:
- Bankview
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2172876
- Listing Price:
- $4,280,000
General Information
- Year Built:
- 1952
- Total Square Feet:
- 16510ft2
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This property is listed by Homecare Realty Ltd. and provided here courtesy of
Sam Baker.
For more information or to schedule a viewing please contact Sam Baker.
Sam Baker
Re/Max House of Real Esate
Phone: 403287-3880
Mobile Phone: 403-999-9279
Inquire Via Email
Re/Max House of Real Esate
Phone: 403287-3880
Mobile Phone: 403-999-9279
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.