Need to sell your current home to buy this one?
Find out how much it will sell for today!
This exceptional 8-unit property, featuring three bedrooms and two full bathrooms in each unit, is nestled in the charming community of Mayland Heights, just a 10-minute drive from Downtown Calgary. The property is expected to generate an annual income of $202,800. Currently, all units are already rented at a monthly rate of $16,500 with the extensive renovation, both inside and out, using premium materials and finishes. Each of the 8 units has been completely overhauled, featuring new floors, appliances, kitchens, and overall finishes, including new gas furnaces on all units. Each unit boasts a two-level layout: the first floor comprises a living room and a potential dining area with an attached balcony. Unit layout: the first floor comprises a living room, a potential dining area with an attached balcony, a kitchen, a full bathroom, and a bedroom. In the basement, each unit includes two bedrooms and one bathroom. The complex has four units measuring approximately 888 sqft, while the other 4 are around 985 sqft. Units of 888 sqft have stacked laundry in the bathroom, while the 985 sqft units have a separate utility room for laundry. Every unit has been meticulously designed with a neutral, modern, and open concept, carefully selecting everything from colours to lighting. The property's exterior has also received a comprehensive upgrade, featuring new pot lights, fresh paint, and refinished balconies. The street offers breathtaking views of downtown Calgary, adding to its overall allure. Tenants will be responsible for covering all utilities." (id:37074)
Property Features
Property Details
| MLS® Number | A2185549 |
| Property Type | Multi-family |
| Community Name | Mayland Heights |
| Parking Space Total | 9 |
| Plan | 3857jk |
Parking
| Parking Pad |
Building
| Appliances | Refrigerator, Dishwasher, Stove, Microwave Range Hood Combo, Washer & Dryer |
| Architectural Style | Bi-level |
| Constructed Date | 1970 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Attached |
| Exterior Finish | Stucco |
| Flooring Type | Tile, Vinyl Plank |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 7496.8 Sqft |
| Total Finished Area | 7496.8 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 1140.00 |
| Size Total | 1140 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Size Total Text | 1140 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | M-c1 |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 14 2025 09:56:19
Calgary Real Estate Board
Cir Realty
