1108 15 AVE NE, Calgary, AB T2E 1J3
1108 15 AVE NE, Calgary, AB T2E 1J3
1108 15 AVE NE, Calgary, AB T2E 1J3
1108 15 AVE NE, Calgary, AB T2E 1J3
1108 15 AVE NE, Calgary, AB T2E 1J3
1108 15 AVE NE, Calgary, AB T2E 1J3
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 1,090,000
Est. payment | /mo

21,528 SqFt

Save
$ 1,090,000
Est. payment | /mo
Save

21,528 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 21528.0

Square Footage 21,528 sqft

Price per Sqft $50

Subdivision Renfrew

MLS Listing ID A2317978

Style Attached-Up/Down,Bi-Level

Year Built 1960

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 4 plex

Property Description

STUNNING MULTI-FAMILY INVESTMENT OPPORTUNITY | PRIME INNER CITY LOCATION | LOADS OF POTENTIAL! Don't miss out on this incredible chance to own an exceptional,well-maintained fourplex on a massive 50ft x 120ft lot with M-C1 Zoning in the highly desirable neighborhood of Renfrew! This prime inner-city property features a stucco and brick exterior,newer concrete pathways winding around the building,and a back parking setup providing 4 dedicated stalls including a single garage. Managed by the owner,this property is an absolute dream for a savvy investor. Three units are currently on month-to-month leases (Units 1,2,and 4),while Unit 3 is occupied by a family member who is moving out,giving you immediate opportunity to set new market rents. The building's functional layout consists of 4 units,each offering the convenience of both front and back entrances. Three of the units feature a spacious 2-bedroom floor plan (two upper and one lower),while the final lower unit offers a comfortable 1-bedroom setup. Unit 3 (featured in photos) is the most updated of the group,showcasing a updated modern kitchen,while the other units vary with localized updates such as newer flooring. This leaves an amazing value-add opportunity to further modernize the remaining interiors and significantly boost your rental revenue! The mechanical and shared infrastructure of this building is exceptionally well laid out for an investor,featuring 4 separate furnaces,1 central hot water tank,4 separate gas meters,and 5 separate electric meters—including a dedicated meter for the common areas. Tenants will love the functional lower-level coin-operated laundry room,which comes equipped with 4 private storage lockers for extra convenience. Outside,the property also includes a handy storage shed for seasonal items. Renfrew has so much to offer with conveniences all around! You are only minutes away from local amenities,trendy inner-city shopping districts,parks,quality schools,public transit routes,and quick access to downtown. House Extras Include: Updated Windows (1999),Storage Shed,Coin-Op Laundry Appliances,and 4 Tenant Lockers. This property shows beautifully and represents a rare holding in a high-demand location—come check it out before it's gone!

Location

Province AB

County Cal Zone Cc

Area Cal Zone Cc

Zoning M-C1

Direction NE

Interior

Interior Features Vinyl Windows

Heating Forced Air, Natural Gas

Inclusions 4 x Refrigerators, 4 x Electric Stoves, 4 x Hood Fans, 1 x Dishwashers, 1 x Washer, 1 x Dryer, Shed

Fireplace No

Exterior

Parking Features Single Garage Detached, Stall

Garage Spaces 1.0

Roof Type Flat,Membrane

Total Parking Spaces 4

Garage Yes

Building

Dwelling Type Four Plex

Foundation Poured Concrete

Architectural Style Attached-Up/Down, Bi-Level

Others

Restrictions None Known

Listed by Royal LePage Solutions

LOCATION AND NEARBY PROPERTIES

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1108 15 AVE NE

NEWLY LISTED IN THE CALGARY AREA

There are 18 quick searches

HOMES FOR SALE DOWNTOWN CALGARY

HOMES FOR SALE IN NORTHWEST CALGARY

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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.

https://lh3.googleusercontent.com/a-/ALV-UjWbncOcnTFQQfh4M9UJKwsb_VAhaiwJAF6tu6GklaFJj7m5IG1L=s120-c-rp-mo-ba12-br100 Gyann Yiu

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