No. 1805 16 Street SW
Calgary
T2T 4E3
$4,300,000
Multi-Family
16,510 sq. ft.
built: 1952
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2172876
- Year Built:
- 1952
- Photos (27)
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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.
Major Repairs & Updates:
New 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.
This 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.
Take 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!
- Property Type:
- Multi-Family
- Property Sub Type:
- Apartment
- Transaction Type:
- For Sale
- Possession:
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- Possession Date:
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- Total Living Area:
- 16,510 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Stories Total:
- 3
- Levels:
- Multi Level Unit
- Year built:
- 1952 (Age: 72)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 2448O
- Structure Type:
- Low Rise (2-4 stories)
- Ensuite:
- No
- Garage:
- 0
- Parking Places:
- 8.0
- Parking Total/Covered:
- 8 / -
- Bankview (Calgary)
- Fridge x 20, Stove x 20, Coin Washer x 2, Coin Dryer x 2
- None Known
- Title to Land:
- Fee Simple
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-CG d72
- Listed Date:
- Oct 19, 2024
- Days on Mkt:
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Listed by Homecare Realty Ltd.
Data was last updated December 5, 2024 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $1,798,000
- Min list price:
- $899,000
- Max list price:
- $4,300,000
- Avg days on market:
- 55
- Min days on market:
- 1
- Max days on market:
- 166
- Avg price per sq.ft.:
- $610.01
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
- VARGHESE JOSEPH
- REAL ESTATE PROFESSIONALS INC.
- 1 (403) 8709553
- Contact by Email
Location
202, 5403 CROWCHILD TRAIL NW
Calgary, AB, T3B 4Z1
