Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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Court ordered Judicial Sale 19 x 3 Bedroom 2.5 Bath Townhouses with single garages.
Great location in the heart of the Southwest Calgary districts of Elboya and Windsor Park. Located between Elbow Drive and Macleod Trail on 50th Avenue SW, this newly constructed 19 unit townhouse project offers excellent access to a variety of nearby amenities. Stanley Park and the Elbow River, bike paths, Chinook Center, Starbucks, Village Ice Cream, Browns Social House Pub Sunterra Market and all public transit are within walking distance of this property.
All units are over 1200 sq ft. with 3 bedrooms. Each unit also features a full four-piece central bath and a primary bedroom ensuite with large walk-in shower, main floor powder room, spacious gourmet kitchen and dining area, in-suite washer and dryer and a single car garage.
Unit are well appointed with solid cultured stone countertops and high-end fixtures and fireplaces are included in these attractive open concept floorplans.
The property is currently fully leased at market rental rates.
Current appraisal, Solicitors form of offer and court procedures available upon request.More details
Very well cared for 6 plex with large units. Fully rented with very low vacancy rate with typically long-term tenants. All are 2 bedroom units with good sized oak kitchens, in suite laundry and separate furnace rooms. 4 of the units are 2 bed/ 1 bath and are around 960sq ft. 2 of the units are 2 bed/ 1.5 baths and are around 1170 sq ft and are multi level. New shingles in 2020 along with repairs to downspouts, eavestroughs and fence. Driveway was improved recently and furnaces were all reconditioned in 2022. Lots of parking is available. Located just a 1/2 block away from a park, close to schools, shopping and many other amenities.More details
Nicely cared for 6 plex with great curb appeal. This property has 4- 2 bedroom units all with laundry and 2- 1 bedroom units. The decks are done with vinyl decking and aluminum & glass railings. in 2008 the property was redone including siding, roofing, windows and the interiors. One dryer & 2 washers replaced recently. Nicely landscaped yard with lots of trees, wide concrete sidewalks and lots of parking with power stalls. Tenant pays all utilities except exterior power. Fully rented.More details
This is a 24 unit apartment building with an electrified parking stall for each unit. There are 4 three bedroom units, 12 two bedroom units and 8 one bedroom units. Rents range from $1350 for a furnished unit to $750 for the smallest one bedroom - the average rental rate is $990 per unit. Renovations have been ongoing since these owners purchased the building with most units now renovated - there are two renovated units vacant currently and 4 units in the process of been renovated with the expectation renovations will be completed in the next few months. The landlord is very particular and will lease the units once a suitable tenant is found. Boiler was replaced in 2011 +/- , Commercial hot water tank replaced in 2013 +/-, Shingles replaced in 2018 +/- and the deck railings on the west side replaced with black aluminum and the east side to be completed this spring/summer. Once completely occupied this building will create revenue of approx $285,000 at current rents. Expenses approx $90,000 year over year to May 31 2022 with the building not completely occupied. Well maintained with regular renovations and updates done. - very good opportunity for the discerning investorMore details
LOCATION, LOCATION, LOCATION Strathmore, Alberta — Multi-Use Zoned Commercial Residential Mix. Excellent Investment Opportunity in HIGH TRAFFIC AREA. 0% Vacancy . Walk the community! Price adjusted to sell. Below assessed value as the owner is retiring. 12 Titles: 6 RETAIL/COMMERCIAL/PROFESSIONAL storefront units 930-960 square feet and 6 bright and spacious 2-story RESIDENTIAL units with three bedrooms, two bathrooms 1260 square feet and entirely private, south-facing concrete patios. Each RESIDENTIAL unit has a refrigerator, stove, dishwasher, in-suite laundry hook ups, 12 hot water tanks , 12 furnaces. 12 individual utility meters. The parking lot has 12 assigned stalls, 6 public stalls, and off-street parking. No condo association. 0% Vacancy. All units are RENTED by LONG TERM Tenants, and the building is OWNER MANAGED. Please do not disturb tenants. Original owner. Assessed Value is $1,,678,500.00. 6 units @ $146,500.00. 6 units @ $133,200.00 Listing Agent is Related to Seller. Note all offers are subject to viewing. Call to inquire today!More details
Who would like to own their own apartment building for the price of a city half duplex! This quality building is in an awesome location. Castor has everything a thriving town needs. They have a hospital, school, shopping and a swimming pool. THIS BUILDING IS FULLY RENTED and there is a waiting list! $50,700 current rent per year. No better time in history to invest. This 7-unit residential apartment building has had over $120,000 + WORTH OF QUALITY IMPROVEMENTS! No stress for you. 5.7% Cap Rate. Great location close to school, downtown, green space. There are 4-two bedroom apartments and 3-one bedroom apartments. 2 bedroom rents are $650, $600, $600 and $600. 1 bedroom rents are $650, $575 and $550; totalling $4,225 a month. Tenants pay their own electric. Worlds best LIVE IN PROPERTY MANAGER already in place. It's a great property isn't it! Shouldn't it be yours? Please Note: This listing is being administered for auction by VPIAuctions. Sale terms: "Sold as is, where is"; "all sales are final"; 10% non refundable deposit upon being declared high bidder. Bidding starts Tuesday, January 31, 2023 at 9:00 am and ends approximately Friday, February 3, 2023 at 1:00 pm. See Listing Brokerage website for details.More details
A+ Location! 6 unit building located in South Calgary/Marda Loop. Walking distance to many trendy shops, boutiques, and restaurants. 5 one-bedroom/one bath + 1 studio unit - complete with built-in Murphy Bed. 4 of the units were renovated in 2015. Brand new 75-gallon commercial grade hot water tank installed. Ideal investment property for long-term hold or future redevelopment.More details
Well maintained concrete building with MC-2 zoning. This multi family home has 8 units and 8 parking stalls. Two of the units are 2-bedroom and the other six are 1-bedroom units. There are no vacancies. It features newer appliances, new hot water tank, a newer boiler with a brand new boiler on the premises for when required. A brand new roofing system has just been installed on the concrete deck and a new intercom system is in the process of being installed. It has a landscaped front lot and paved parking at the rear of the building. Conveniently located in the inner city this location is minutes from downtown. East facing units enjoy views of the city skyline while the west facing units enjoy the quiet neighbourhood and street. Don't miss out on this great investment opportunity!More details
Located just a few steps from Kensington Road NW, this well designed building has 10 residential units, (4 two beds, 6 one beds). main floor has two street level retail units fully leased out. Second floor is undeveloped and currently designated as commercial space. It could be developed into 5 more residential units with the same floor plans as the above two floors. there is one elevator and 10 underground parking stalls. lots of street parking and great walk score. Current retail leases are long term and residential units are fully leased. Current Gross Revenue is $357,500 . Current Total costs are $97,500 per year. Current NOI is $260,000. NOI with second floor developed is $370,110 and has a price tag of about $750,000 and requires about 6 months. CAP rate with second floor developed is 5.5%. ($370,110/$6,750,000=5.5%)More details
Located on a tree lined street in the pretty area of Riverside, Medicine Hat, this Brick 5 suite residential complex is a strong investment for a buyer looking for long term stability. Some of the tenants have been resident for a number of years, and all of the suites are occupied. There are 4 parking stalls in the lot and the corner city lot provides for many more parking opportunities for residents and visitors. The common area is well maintained in this secure building, and additional storage units in the basements for 4 of the units is offered as well as a generous laundry room. There are 3 x 2 Bedroom suites and 2 x 1 bedroom suites, with many cosmetic upgrades throughout. The tar and gravel roof was redone in 2008 and the boiler has been serviced regularly. This is a great time to buy multifamily units and secure a return on your investment for years to come. Reach out for more information on this exciting listing!More details
If you are looking for an opportunity away from the bigger centers then look no further. The basement / underground parking have been completed. Now all you need is to finish the building. The seller was building a 48 suite +35 condominium project. But the possibility to change this could happen. The demand is there and just waiting to be finished. The original project was started but has not been completed due to financial issues and was halted at the foundation stage. Small town living north of Calgary waiting for someone to finish and get on the market or create a large rental project. Come with your ideas.More details
Public Remarks: Investment opportunity 6 plex , located in Altadore , prime location to hold or to build, 9300 sq.ft. of land on a corner lot, 5x2 bedrooms 1x1 bedroom , up grades include newer windows, exterior, 5 suites been upgraded with new kitchens , 1 suite is for showings, all suites are large , includes all appliances , newer roof. long term tenants , please do not approach tenants. Monthly gross income $8,800.00 Extra income from laundry at $3600 per year Total revenue $105,000.00per year Investment opportunity 6 plex , located in Altadore , prime location to hold or to build, 9300 sq.ft. of land on a corner lot, 5x2 bedrooms 1x1 bedroom , up grades include newer windows, exterior, 5 suites been upgraded with new kitchens , 1 suite is for showings, all suites are large , includes all appliances , newer roof. long term tenants , please do not approach tenants.Monthly gross income $8,800.00 Extra income from laundry at $3600 per year Total revenue $105,000.00 per yearMore details
Data was last updated February 1, 2023 at 02:05 PM (UTC)
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