Data last updated 5:56 PM, January 24, 2018
$2,350,000

1518, 1520, 1522 16 AV SW   Calgary, Alberta

MLS®: C4143336
URL:    
Tremendous Sunalta opportunity. One-owner assembly of 3 properties. REDEVELOP: ~11,375 sq. ft. (87.5 x 130) MC-2 parcel allows ~28,450 buildable sq. ft. up to 16m high. Ideal for multi-family / townhomes with density rezoning potential. Lot depth allows great surface parking or easy access for underground. HOLD: Both conventional & short-term furnished rentals (AirBNB) generate substantial revenue. Conventional units have zero-vacancy track record w/ long-term tenants in place. Well-appointed short-term spaces provide large-group stay potential and are in high demand w/ income besting conventional rentals. Prime location for tenants and tourists. A block off 17th Ave shopping / entertainment / restaurant corridor. Easy D/T access, close to major driving routes & a short walk to the LRT. Recent upgrades: kitchens, bathrooms, paint, refinished wood floors, laundry for each unit, newer windows with screens on all opening windows, landscaping and more to combine all modern amenities w/ historic charm.

Listing Information

Prop. Type:
Multi-Family (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Sunalta
Area:
Calgary
Province:
Alberta
MLS® Number:
C4143336
Listing Price:
$2,350,000

General Information

Year Built:
1912
Transaction Type:
For Sale
Zoning/Land Use Code:
M-C2
Region:
Calgary
Tax Year:
2017
Subject Space SqFt:
11375
Total Square Feet:
11375ft2

Additional Information

Plan:
5380V
Legal Block:
202
Legal Lot/Unit:
28,29,30

Other Information

Land Size Acres:
0.0000
Zoning/Land Use:
M-C2

Tagged As:

Multi-Family and Multi Unit Commercial Investment

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Location


LIANG Commercial
Real Estate
Century 21 Bravo Realty
3009 - 23 St NE, Calgary, Alberta
Office: 403-539-9980
Mobile: 403-539-9980
Fax: 403-250-5339
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.