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$1,800,000
Est. payment /mo
5,554 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Bridgeland/Riverside
MLS® Listing ID A2314434
Year Built 1970
Annual Tax Amount $10,197
Tax Year 2025
Lot Size 5,554 Sqft
Acres 0.13
Property Sub-Type Multi Family
Source Calgary
Property Description
Exceptional opportunity to acquire a well-maintained 8-unit apartment building in a desirable inner-city location. Built in 1970, this income-producing property features an attractive unit mix consisting of seven 2-bedroom units and one 1-bedroom unit.. The building has benefited from significant capital improvements, including an updated boiler system in 2018 and two hot water-on-demand systems installed in 2022, helping to enhance operational efficiency and reduce future maintenance costs. Tenants enjoy the convenience of seven rear parking stalls, in this central location. Ideally situated close to downtown, public transit, shopping, schools, parks, and major employment hubs, this turnkey multifamily asset offers investors stable cash flow, strong tenant appeal, and long-term appreciation potential. Whether you're looking to expand your portfolio or secure a quality income-producing property, this 8-plex presents an outstanding investment opportunity in one of Calgary's established rental markets.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning MU-2 f3.0h16
Interior
Inclusions 8 Fridges, 8 Stoves, 1 Washer, 1 Dryer
Exterior
Lot Frontage 50.13
Others
Restrictions Utility Right Of Way
Tax ID 101311141
Ownership Private
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Listed by 2% Realty
NEARBY SCHOOL & BUSINESS
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