$4,280,000
 $22,976 forsale estimated payment Sourced by Back At You

Na, 1805 16 Street SW , Calgary, AB T2T4E3

Calgary, AB T2T4E3

Sharewithfriend

Description

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 suitescatering 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! (id:374)

Details

MlsA2172876
Listing TypeFor Sale
StyleAttachd
StatusActive
Year1952
Days On Site26
Listing Provided ByHomecare Realty Ltd. | Mark Wang

Features

Sq Feet16,510
Storys3
ZoningM-CG d72
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 CREA. All Rights Reserved.

Request A Showing

Request A Showing

Loading Form
Listings Checked: 3 minutes ago
StateAB
CityCalgary
Zip CodeT2T4E3
Community NameBankview
Listing VS Median (in Bankview)
Price:
$4,280,000
low | high
Med:
$424,900
100% of Average
SqFt:
16,510
low | high
Med:
1,404
100% of Average
$ / SqFt:
$259
low | high
Med:
$306
32.102358686519% of Average
On Site:
26
low | high
Med:
52.500000
49.52380952381% of Average
Sourced by Back At You
Listing Updated: October 27, 2024 at 9:17:49 PM PDT