Motivated seller. This condo #1106 is a must see! One of the clean price floor-plans in the building, 2 bedrooms, 2 bathrooms with almost
980 sqft on the 11th floor! This unit has a master bedroom with walk through closet and 4pc ensuite bathroom. Balcony with trees exposure
provides ample natural light and great views. Main living and dining area and kitchen. Total 2 bedrooms, and another bathroom and in unit
laundry and storage room. One assigned heated underground parking stall (great for the winter months). The Riverscape has plenty of
impressive amenities, a gym, change room and a social room. Close to shopping, parks, and a quick commute to downtown! Lots of value
here! Don’t miss your chance to view.More details
Prime Investment Opportunity with a 6.68% 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.
This investment shines with a robust 6.68% cap rate, underlining its status as a high-performing asset. 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 and functionality. (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.More details
Immerse yourself in chic urban living at its finest in this captivating East-facing unit nestled in the heart of Lower Mount Royal. Revel in the abundant natural light that fills this one-bedroom sanctuary, accentuating its spacious layout adorned with sleek hardwood floors throughout. The primary bedroom boasts ample space, featuring a convenient walk-in closet and a stylish 3-piece bathroom. Indulge your culinary senses in the expansive kitchen, where timeless modern cabinetry harmonizes with polished concrete countertops and stainless steel appliances. An inviting eat-up counter provides the perfect spot for casual dining. Unwind in the cozy living room, which opens up to your private East-facing patio through sliding doors. Experience ultimate convenience with amenities including a washer and dryer combo, a spacious coat closet, an additional linen closet and bike storage in the building. Positioned just steps away from the vibrant energy of 17th Avenue, residents enjoy easy access to an array of trendy dining spots, cafes, and boutique stores. Commuting is a breeze, whether by foot, bike, or a quick trip to the Saddledome and downtown core.More details
Data was last updated March 19, 2024 at 08:05 AM (UTC)
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