7,450 SqFt
7,450 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,450 sqft
Price per Sqft $503
Subdivision Beltline
MLS Listing ID A2322945
Year Built 1912
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Multi Family
Property Description
The building has been comprehensively upgraded by the current ownership with no deferred maintenance. Every suite features new flooring,kitchens,and appliances. Common areas have been fully refreshed across both wings,15 windows replaced,ButterflyMX smart access installed,and a coin laundry area retrofitted for resident use.
The property sits at the centre of an event district that will only grow in scale and profile. NHL games at Scotia Place (opening 2027-28),the Calgary Stampede,major concerts,and international conventions at the BMO Centre draw visitors year-round. As new hotel supply from the W Calgary,JW Marriott,and Autograph Collection drives nightly rates higher,short-term rental demand in this pocket will follow. An incoming owner has the ability to apply for short-term rental licences for some or all units,positioning the building to capture that demand as it grows.
For long-term holders,the fundamentals are equally compelling. Zoned CC-X (Centre City Mixed Use) with no maximum building height and hotel as a discretionary use,this is a land parcel whose value will appreciate alongside one of the most significant development cycles in Calgary's history. Current rents sit below market with the majority of leases expiring Q3/Q4 2026 and Q1 2027,providing immediate upside as the district continues to activate. Contact listing agent for more information.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning CC-X
Direction SE
Interior
Inclusions All fixtures, furniture, fittings and window coverings. List to be provided with sale
Fireplace No
Exterior
Garage No
Building
Lot Description City Lot
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
LOCATION AND NEARBY PROPERTIES
NEWLY LISTED IN THE CALGARY AREA
- New NW Single Family Homes HOT
- New NW Townhomes and Condos HOT
- New SW Single Family Homes HOT
- New SW Townhomes and Condos
- New Downtown Single Family Homes
- New Downtown Townhomes and Condos
- New East Side Single Family Homes
- New East Side Townhomes and Condos
- New Calgary Half Duplexes
- New Multi Family Investment Buildings
- New Calgary Area Acreages HOT
- Everything New in Cochrane
- Everything New in Airdrie
- Everything New in Canmore
- Everything Just Listed
- New Homes $100,000 to $400,000
- New Homes $400,000 to $1,000,000
- New Homes Over $1,000,000
HOMES FOR SALE IN NORTHWEST CALGARY
GET MORE INFORMATION
REVIEWS
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.
