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Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Lower Mount Royal
MLS® Listing ID A2347829
Year Built 1963
Annual Tax Amount $15,760
Tax Year 2026
Property Sub-Type Multi Family
Source Lloydminster
Property Description
Rare inner-city income property in the heart of Lower Mount Royal. This 10-unit, 3-storey walk-up sits on a 6,500 SF M-C2 zoned lot in one of Calgary's most established and desirable SW neighbourhoods, steps from 17th Avenue, restaurants, transit, and amenities.
Built in 1963 and solidly constructed, the building offers a suite mix of 4 one-bedroom and 6 two-bedroom units, with current rents running meaningfully below the immediate neighbourhood market, representing a clear value-add opportunity.
The right buyer is one who can acquire without conventional financing constraints, optimize the rent roll over the near term, and hold a well-located inner-city asset in a submarket with genuine long-term demand fundamentals. Financials and rent roll available upon request.
Built in 1963 and solidly constructed, the building offers a suite mix of 4 one-bedroom and 6 two-bedroom units, with current rents running meaningfully below the immediate neighbourhood market, representing a clear value-add opportunity.
The right buyer is one who can acquire without conventional financing constraints, optimize the rent roll over the near term, and hold a well-located inner-city asset in a submarket with genuine long-term demand fundamentals. Financials and rent roll available upon request.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C2
Interior
Inclusions laundry machines, equipment, appliances, window coverings, and maintenance equipment
Exterior
Total Parking Spaces 10
Others
Restrictions None Known
Tax ID 112452615
Ownership Private
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Listed by CDN Global Advisors Ltd.
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