1309 12 AVE SW, Calgary, AB T3C0P6
1309 12 AVE SW, Calgary, AB T3C0P6
1309 12 AVE SW, Calgary, AB T3C0P6
1309 12 AVE SW, Calgary, AB T3C0P6
1309 12 AVE SW, Calgary, AB T3C0P6
1309 12 AVE SW, Calgary, AB T3C0P6
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 2,750,000
Est. payment | /mo

6,500 Sqft Lot

Save
$ 2,750,000
Est. payment | /mo
Save

6,500 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Beltline

MLS® Listing ID A2304728

Year Built 1957

Annual Tax Amount $12,289

Tax Year 2025

Lot Size 6,500 Sqft

Acres 0.15

Property Sub-Type Multi Family

Source Calgary

Property Description

Located in the heart of Calgary's highly desirable Beltline District, 1309-12th Avenue SW offers a rare multiunit investment with both stability and upside. This is a three-level, eleven-unit apartment building which consists entirely of large one-bedroom suites, ranging between 750 and 800 square feet, as well as one smaller unit—making it an ideal asset for targeting the city's growing population who desire an urban living environment. This apartment building was constructed in 1957 and has a solid structure, bones and fundamentals. Most units have received various levels of interior renovations over time, however, there remains opportunity for any investor who seeks to update this asset to further drive rental growth. For the ambitious investor this is a rare opportunity to secure an income generating property in a prime location, which offers strong cash flow and incredible long term value. There are 5 total parking stalls. This building is minutes from Kensington, downtown, 17th Avenue, CTrain and bus routes, access to parks and the bow river pathway. 1309-12th Avenue SW stands as a prime value-add opportunity in one of Calgary's most desirable, walkable and sought-after urban communities.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning CC-MHX

Interior

Heating Boiler, Natural Gas

Inclusions 11 FRIDGES 11 STOVES

Exterior

Roof Type Flat

Lot Frontage 50.07

Total Parking Spaces 6

Others

Restrictions See Remarks

Tax ID 101200443

Ownership Private

Listed by RE/MAX Real Estate (Mountain View)

LOCATION AND NEARBY PROPERTIES

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1309 12 AVE SW

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Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

https://cdn.chime.me/image/fs/sitebuild/2022815/3/original_4f84e7d0-9456-495c-a45d-02ade0b6fb37.png

My husband and I recently purchased a home in Airdrie with Justin Newman and couldn't be happier with our experience! He guided us through the whole process, was incredibly helpful in answering questions, and went above and beyond to make sure the whole process was stress free and seamless. He was always available for phone calls and helped us navigate every aspect of the purchase (showings, home inspection, condo doc read, lawyers etc.). We highly recommend Happy House Hunting and Justin for a realtor in the Calgary area and will definitely be using him again!

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