$ 4,280,000
1805 16 ST SW #na Calgary, AB T2T 4E3
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$ 4,280,000
Est. payment | /mo
16,510 SqFt
$ 4,280,000
Est. payment | /mo
16,510 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 16,510 sqft
Price per Sqft $259
Subdivision Bankview
MLS® Listing ID A2172876
Originating Board Calgary
Year Built 1952
Annual Tax Amount $23,285
Tax Year 2024
Property 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 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!
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!
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-CG d72
Interior
Inclusions Fridge x 20, Stove x 20, Coin Washer x 2, Coin Dryer x 2
Exterior
Total Parking Spaces 8
Building
Story 3
Level or Stories Multi Level Unit
Others
Restrictions None Known
Tax ID 94918198
Ownership Private
Listed by Homecare Realty Ltd.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "