Calgary, AB T2T4E3,na, 1805 16 Street SW
Calgary, AB T2T4E3,na, 1805 16 Street SW
Calgary, AB T2T4E3,na, 1805 16 Street SW
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$4,280,000
Est. payment /mo
16,510 SqFt
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Key Details

Property Type Multi-Family

Sub Type Freehold

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 Real Estate Board

Year Built 1952

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! (id:24570)

Location

Province AB

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 3

Others

Ownership Freehold


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Clint Nogier

+1(825) 445-4403

Agent | License ID: 493930

Agent License ID: 493930

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