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.nnMajor Repairs & Updates:nNew 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.nnThis 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.nnTake 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!

Features
1
: Sw
Property Information
Homecare Realty Ltd.
1
: For Sale
1
Multi-family
Address Map
US
Alberta
Calgary
Calgary
T2T 4E3
Bankview
16
1805
Street
W115° 54' 2.7''
N51° 2' 15.3''

Condo

1805 16 Street, Sw, Calgary, Alberta T2T 4E3

16,510 Sqft
1952
C$4,280,000
Listing ID #A2172876
Basic Details
Property Type : Condo
Listing Type : For Sale
Listing ID : A2172876
Community : Bankview
Price : C$4,280,000
Square Footage : 16,510 Sqft
Year Built : 1952
Agent info
CIR Realty
707 10 Ave SW #100
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