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

10,400 SqFt

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

10,400 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,400 sqft

Price per Sqft $264

Subdivision Beltline

MLS Listing ID A2304728

Year Built 1957

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Multi Family

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 Cal Zone Cc

Area Cal Zone Cc

Zoning CC-MHX

Direction SW

Interior

Heating Boiler, Natural Gas

Inclusions 11 FRIDGES 11 STOVES

Fireplace No

Exterior

Roof Type Flat

Total Parking Spaces 6

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Others

Restrictions See Remarks

Listed by RE/MAX Real Estate (Mountain View)

LOCATION AND NEARBY PROPERTIES

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1309 12 AVE SW

NEWLY LISTED IN THE CALGARY AREA

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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

Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.

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