Calgary, Alberta

Prime Investment Opportunity with a 7% Cap Rate in the Mission / Cliff Bungalow District of Central SW Calgary -Moments from Starbucks and the Dynamic 4th Street Scene! Seize the chance to own a remarkable investment on a prime 37’x120′ lot within Calgary’s coveted Mission district. This well-maintained 5-plex, standing proudly on a scenic, tree-lined street, blends the vibrancy of urban living with the enchanting allure of its early 1900s origins. Skillfully converted into five illegal suites (four 1-bedroom and one 2-bedroom), this two-story building captivates with each unit’s unique character, enhanced by modern amenities including a complete set of appliances (five refrigerators, five stoves, one dishwasher, and one combination washer/dryer, two washers & 1 dryer). Recent renovations underscore the property’s commitment to quality and comfort, with new shingles installed in 2021 and the bathrooms in suites #1 and #2 completely remodeled in 2022, offering a contemporary living experience. Strategically situated, the property grants unbeatable access to the lively corridors of 17th Avenue and 4th Street SW, renowned for their rich assortment of dining, nightlife, and boutique shopping. It’s a haven for those who thrive on an active lifestyle, with the MNP Community & Sport Centre and picturesque bike paths along the Elbow River just a stone’s throw away. The convenience of biking or taking transit to downtown Calgary adds to this investment’s allure. Four of the five illegal suites have been operating as lucrative Airbnb short-term rentals, a testament to their consistent demand and the property’s income-generating prowess. Currently, only 1 is operating as an AirBnB with the balance on long-term leases. In addition, four parking spaces at the rear enhance its attractiveness andfunctionality. (This purchase price includes all the furnishings in 4 of the 5 suites. You are ready for business!) Whether your goal is to bolster your rental portfolio with a property boasting a solid revenue history and recent upgrades or to explore future development possibilities on this versatile lot — be it constructing your dream home or a new multifamily unit — this opportunity is ripe with potential. Invest in a locale that offers both growth and a lifestyle that’s hard to match. (id:40616)

Calgary, Alberta

Prime Inner City Development Opportunity. Currently awaiting zoning approval to allow the proposed development. The zoning approval is expected within the next 30 days.Proposed 84-unit residential purpose-built rental project with 7,500 square feet of retail space located in the historic community of Inglewood, a neighborhood with the perfect mix of history, culture, and community.Located just minutes from downtown, Inglewood is the perfect spot for those who want easy access to all that Calgary has to offer. Inglewood is also home to a vibrant community, with friendly neighbors and plenty of community events and festivals.One of the things that sets Inglewood apart is its historic charm. As one of Calgary’s oldest neighborhoods, Inglewood boasts a unique architecture and streetscape that you won’t find anywhere else. Take a stroll down 9th Avenue SE and you’ll feel like you’ve stepped back in time.But Inglewood isn’t just about history. It’s also home to some of Calgary’s most amazing shopping and dining. From boutique shops and galleries to cafes and restaurants, Inglewood has something for everyone. And if you love the outdoors, you’ll appreciate Inglewood’s proximity to the Bow River and the Calgary Zoo.Inglewood is one of Calgary’s best neighborhoods. This development and the planned Brewery Lands development, which will add another 2,000 residents to the area, will be a welcome addition to the vibrant inner city lifestyle that Inglewood offers. (id:40616)

Calgary, Alberta

Welcome to 405 and 407 28 Ave NE, a lucrative side-by-side single title duplex featuring separate entrances for each side, totaling four doors—one for upstairs and one for the basement on each side. This unique setup includes two illegal basement suites, offering the potential to accommodate up to four rental groups, yielding $8,000 per month in income. Currently, all units are rented out, presenting an excellent investment prospect. Situated within walking distance to schools, shopping, parks, and The Winston Golf Club, this property ensures convenience for tenants. Moreover, its proximity to transit facilitates commuting, while being just minutes away from downtown, YYC airport, UofC, SAIT, and Foothills Hospital. Don’t miss this chance to capitalize on both immediate returns and future growth potential in Calgary’s real estate market. *Viewings available to conditional offer only to minimize disturbance to tenants. (id:40616)

Calgary, Alberta

Incredible opportunity to acquire 12 condo-titled townhomes on a massive lot in the heart of Bowness! Each of the 12 townhomes boasts identical 2-bedroom bi-level layouts, featuring 1 full bath and washer/dryer hook-ups, with the option to build a second bathroom. These generously sized units are thoughtfully designed, offering a spacious upper level comprising a living room, kitchen, dining area, and laundry room, while the lower-level hosts two bedrooms with walk-in closets and a full bathroom. This condo-titled building has excellent upside potential, conveniently located just one block away from Bowness High School and the Bowness Community Centre. Situated on a sizable M-C1 lot measuring 120 ft. x 150 ft. The property is fully leased, with each townhome having separate entrances and just over 1000 sq ft of rentable space. Additionally, each unit features its own furnace and hot water tank, with tenants responsible for their own utilities. Rear parking has 12 stalls, each equipped with electrical hook- ups, supplemented by plenty of street parking. Bowness is on the rise as an emerging neighborhood with ongoing new development, due to its close proximity to the Bow River, University of Calgary, Market Mall, and easy access to the Trans-Canada Highway. (id:40616)

Calgary, Alberta

This is a 6 suite building with a great suite mix. 2 – 1 BR, 4 – 2BR with full parking in the rear. The building has a hands on owner who has looked after the property. There is a south facing patio on the second level. The building is located just 1 block off Center Street north with all its amenities and access to public transportation. SEE proforma and RPR in the supplements. (id:40616)

Calgary, Alberta

Attention Investors! An exceptional investment opportunity awaits at 12 Huntley Close NE. This rare 6-Plex is situated in the highly desirable community of Huntington Hills on an expansive 67ft X 110ft lot. Offering a distinctive layout with individual entrances for each unit, this property eliminates the need for shared common areas within the building. The 6-2 bedroom units, designed in a Bi-Level style, feature identical floor plans with in-suite laundry and charming fireplaces for added comfort. The main floor of each unit boasts a spacious living room with large windows, leading to a generous balcony through patio doors. Additionally, there’s a well-sized dining area, kitchen, and a laundry/furnace room. The lower level of each unit consists of 2 sizable bedrooms and a full bathroom. This well-managed property has undergone recent upgrades, including a new roof in 2020, as well as new furnaces, hot water tanks, windows, patio doors, exterior doors, and balconies for all units. Each unit comes with its designated parking stall at the rear, totaling 6 paved parking spaces, and complemented by ample street parking. The monthly rental income is approximately $9650 when fully occupied. Units 1, 4, and 6 are rented at $1600 each, Units 2 & 5 at $1550, and Unit 3 at $1750. Tenants pay all utilities, snow shoveling, and lawn maintenance. The owner is responsible for a $120/month garbage disposal fee and an annual insurance cost of $2900. The asking price includes 6 furnaces, 6 hot water tanks, 6 electric stoves, 6 refrigerators, 6 hood fans, and 6 sets of washers and dryers. Conveniently located within walking distance to two elementary schools, with public transportation directly to downtown, green spaces, and quick access to shopping malls and major traffic routes, this 6-plex in Huntington Hills is a prime investment opportunity. Reach out to your preferred agent today to explore this unique property! (id:40616)

Calgary, Alberta

Shag 5 combines thoughtful design with a favorable location within the community of Shaganappi Point. The transit-oriented project is comprised of 10 units and is fully leased. Fully leased at market rents as of October 20239.2% increase in the average effective rent Y-O-YRapidly shrinking vacancies and no provincialcontrol on rent increase led to the fastest rent growth the metro has seen since 2008.Total Number of Units 10Year Built 2022Parking: 5 covered stalls with ample street parkingZoning: M-C2Number of Stories: 2.5Occupancy: 100%Financing: CMHC assumable at 4.47% (conditions apply) Site Area: 712 sm (7672 sqft / 0.071 ha)Building Footprint: 424 sm ( 4566 sqft ) (id:40616)

Calgary, Alberta

Welcome to a prime real estate opportunity in the heart of a bustling and regentrifying neighborhood! Presenting an exceptional ALTADORE concrete-constructed 8-PLEX, situated on an expansive 75′ x 125′ lot spanning 3 INNER-CITY LOTS. Can be combined with 2 lots next door (MLS A2107092) for a TOTAL OF 5 CITY LOTS and 125 FOOT FRONTAGE. Nestled on a peaceful dead-end street, this property boasts a solid structure and meticulous maintenance.This well-established 8-PLEX, offered for the first time, stands as a testament to quality construction and enduring appeal. With executive homeowners as neighbors, this multi-family gem is strategically located just 3 blocks from Marda Loop’s main commercial corridor of Richmond Road, offering a perfect blend of tranquility and accessibility.Featuring a thoughtful layout, the property comprises 3 spacious 2-bedroom units and 5 comfortable 1-bedroom units. Seven of the units provide the luxury of private balconies, allowing residents to unwind amidst a serene environment. Long-term, contented tenants attest to the desirability and satisfaction this property offers.For the convenience of residents, there are 8 paved off-street parking spots at the rear of the property, ensuring hassle-free parking in this high-demand area. A communal coin-operated washer and dryer provide practicality, and there’s ample space in each unit for those who prefer to install in-unit laundry.This 8-PLEX sits in a marquis neighborhood that is currently undergoing a revitalization, making it an attractive buy and hold investment. Whether you’re a seasoned investor or a savvy homeowner seeking an income-generating property, this is an opportunity not to be missed. Embrace the potential of this concrete-constructed gem in a location that combines the charm of a quiet dead-end street with the vibrancy of a rapidly regentrifying area. Secure your stake in this executive enclave – a wise investment for the discerning buyer! (id:40616)

Calgary, Alberta

ME Tower is a 7 storey Residential /Retail/ Office building located on 17th Ave SW in LOWER MOUNT ROYAL, one of Calgary’s best rental locations. The street level is 100% retail. The 2nd and 3rd floor have a 100% Office component. The remaining floors have 48 1BR residential suites. There are 28 underground and 26 surfaace parking stalls. (id:40616)

Calgary, Alberta

This prime 10 suits building is located in the heart of Beltline, just minutes from the downtown core, and steps away from the BMO Centre, Stampede Grounds, the Stampede C-Train Station, and the trendy 17th Avenue. This huge 654 square meter lot is also perfect for a future redevelopment. In the meantime, run this building as a residential rental property to cover expenses. This freestanding building has excellent future potential. Don’t miss out on this great investment opportunity! Book your viewing today! (id:40616)

Calgary, Alberta

Attention smart investors, opportunity is knocking! Great development potential. A 4-plex with three 2-bedroom apartments and one 1-bedroom apartment, located right across from the Westbrook Mall in the sought-after community of Rosscarrock, Right on 37 Street SW, a block north of 17th Avenue. Near Rosscarock LRT Station and the newly opened library (walking distance), minutes’ drive to downtown. Close to parks, shopping, and all amenities. Laundry is in suite. Currently, all 4 units are rented with combined rent of $5550/month. Tenants would like to stay after ownership changes. (id:40616)