Listing Provided Courtesy Of:
RE/MAX HOUSE OF REAL ESTATE
Address
1610 28 Avenue SW Calgary, AB
Price
$ 1,790,000
Property Attributes
  • Listing#A1145720
  • TypeCommercial
  • CityCalgary
  • AreaCalgary - Zone CC
  • NeighbourhoodSouth Calgary
  • Postal CodeT2T 1J4
  • StyleMulti Family
  • Price$ 1,790,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10,925 SqFt
Listing Provided Courtesy Of:
RE/MAX HOUSE OF REAL ESTATE
Data Source:
Pillar 9 Technologies
Property Description

GREAT INVESTMENT OPPORTUNITY for 9 UNIT (x6 - 1 bedroom units and x3 - 2 bedroom units) in the heart of South Calgary! THIS PROPERTY GENERATES over $86,740 NET ANNUAL INCOME with potential to bump up rents!! Massive 1400 square foot plus basement unit built on top of the garage with it's own private balcony and garage, that used to be the owner's suite! Roof, Windows and Boiler all RENOVATED within the last 10 years +/-. MC-1 zoning with huge 87.5 x 125 foot lot - amazing opportunity for re-development in the future & great LAND VALUE! 9 Parking stalls + garage for additional monthly revenue stream! Perfect multi-family for holding (cash flow) or renovating/flipping with re-development potential! Opportunities like this rarely come on the market, and in such a PRIME location! Just a quick drive to the trendy Marda Loop community, a 5 minute drive to 17th Avenue, 8 minute drive to Mt.Royal University and within walking distance to multiple green parks, renting units will never be a problem!!

Price History
9/10/2021 Listed $1,790,000

General Features

District CAL Zone CC
Parking Total 11
Property SubType Multi Family
Property Type Commercial
Structure Type Low Rise (2-4 stories)
Subdivision Name South Calgary
Transaction Type For Sale
Zoning M-C1

Interior Features

Below Grade Finished Area 0.00
Building Area Total Metres 1011.71
Building Area Total Sf 10890.00
Main Level Areas SquareFeet
Main Level Finished Area 0.00
Main Level Finished Area Metres 0.00
Main Level Finished Area Sf 0.00
Main Level Finished Area Srch Sq 0.00

Exterior Features

Public Remarks GREAT INVESTMENT OPPORTUNITY for 9 UNIT (x6 - 1 bedroom units and x3 - 2 bedroom units) in the heart of South Calgary! THIS PROPERTY GENERATES over $86
Building Area Total 10890.00
Frontage Length 26.64M 87`5
Inclusions All Appliances and Window Coverings Owned by Seller
Lot Size Acres 0.25

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T2T 1J4

Price
AVG $1.79M
$1.79M
Visits
AVG 25
47
Year Built
AVG 1960
1960

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