Specializing in investment property since 1975. Apartment Building Sales.

Listings

BROOKS PLAZA Strip Mall

Available

BROOKS PLAZA 1308 2A West Brooks Alberta. List Price $3,495,000. Built in 1979 - FEATURES - Brick and Concrete construction, land area 1.54 acres, rentable area 17,589 sf, 98 uncovered parking, paved parking lot, roof replaced in 2005, HVAC replaced in 2005, FINANCIALS - NOI $218,798 , AVG RENT - $13.65/sf, OP COSTS $4.00/sf. BROOKS ALBERTA - Brooks is located approximately 2 hours east of Calgary on the TransCanada Highway and 1 hr west of Medicine Hat. It is the service centre for oil and gas, manufacturing, agriculture, food processing retail and construction.

Kingsland Duplex with 4 rental units

Available

735 67th Ave SW . LIST PRICE $899,000.00. KINGSLAND duplex with 4 rental units. 735 67th is located just south of Chinook Center and an easy walk to both Elbow Drive to the west and MacLeod Trail to the east. To obtain maximum rents some thoughtful renovations will be required. Current rent as of August 1st is $1940/month for 2 rental units. One side of the duplex will be vacant as of August 1st 2024 giving the new owner the perfect opportunity to upgrade the vacant side of the duplex. 2 car garage and carport accessed from the alley. Offers subject to viewing.

HIGHLAND PARK 8 premium units

Available

4416 4th St NW LIST PRICE $2,250,000.00. This is a well maintained, low maintenance, frame construction 8 suiter on 4th St NW. 1 Bachelor 5-1 BR, 2-2BR. 4 units have balconies. The kitchens and bathrooms have been tastefully remodeled. 4416 has been well maintained and has numerous upgrades …. New roof 2022, all building electrical panel and breakers replaced, commercial hot water tank in 2021, new windows, patio doors in 2013. This is a great location with access to downtown via 4th St NW whether driving or on public transportation. There are 7 parking spots at the rear.

ROSSCARROCK 6 plex

Available

4211 BOW TRAIL SW LIST PRICE $1,550,000.00. 6 plex in Rosscarrock 4 -1BR, 1 2BR, 1 3BR. The 2 BR is a furnished unit. Owners pay electrical for the 2 BR tenants pay their own electrical for all other units. There have been many recent cosmetic upgrades to the suites and the exterior landscaping. In 2021 upgrades include a new torch on roof and a new hot water tank. Laundry set of 1 washer and dryer included. It is a 15 minute walk to Westbrook Mall and the CTrain station and good access to the downtown core.Offers subject to viewing.

LOWER MOUNT ROYAL - 8 character units

Available

933 18th Ave . SW. List Price $2,199,000.00 The HARVARD is conveniently located within easy walking distance to the shops and services of 17th Ave. S.W. The well maintained building has 8 large suites. Recent enhancements and renovations include new roof, new gutters, new eavestroughs (Dec 2023), replacement of old steam heat to forced air furnace, extensive electrical upgrading, hardwood floor repairs, new stairs and foyer support, and suite renovation with new bathrrooms. There is a attractive, assumable mortgage. See the terms set out in the attachments.

Highland Park 11 suites $2,420,000

Pending

HIGHLAND MANOR.  11 Suites  10 - 1BR and 1 - 2BR units. List Price $2,420,000.00. The building shows extremely well with very good curb appeal. This is a building that a buyer can take over and start to manage. There is no deferred maintenance. Highland Manor will be a short walk to the future Calgary Transit "Green Line " LRT station.  2016 - all windows and patio doors replaced.   Fencing and the deck were recently replaced. The buyer  can assume the existing mortgage (3.04% until 2028) or acquire new financing.

BANFF ALBERTA The Montane 344 Banff Ave.

Pending

344 BANFF AVE. BANFF ALBERTA. list Price $16,000,000.00. A great location situated right on Banff Avenue.. This 2015 built building has one elevator, forced air heating and cooling, heated underground parking, with laundry on 2 different levels. A great suite mix 18 1BR and 20 2 BR units. The suites have 9 ft ceilings and are separately metered for electricity. Owners of a BANFF rental property have a very high level of occupancy and often have a tenant waiting list. Offers subject to viewing.

TUXEDO PARK 6 units

Pending

2312 1st ST NW TUXEDO PARK LIST PRRICE $1,399,000.00 This is a 6 suite building with a great suite mix. 2 - 1 BR, 4 - 2BR with full parking in the rear. The building has a hands on owner who has looked after the property. There is a south facing patio on the second level. The building is located just 1 block off Center Street north with all its amenities and access to public transportation.

Offers subject to viewing. Please contact Mike re the possibility of viewing common area, mechanical and the vacant 2 BR that will be vacant for most of August.

Lower MOUNT ROYAL 16 furnished - Condo Title

Pending

1916 8th St SW -The Tiffany List Price $3,650,000.00. The Tiffany is the sale of all 16 units in Condominium Plan 0913575. There are 16 furnished suites - 2 Studio and 14 1 BR with new furniture and appliances. This is an excellent location in Lower Mount Royal within walking distance to all the amenities that 17th Ave SW, 4th St SW and the downtown core have to offer.

Lower Mount Royal character building 7 suites $1,190,000

Sold

Lower Mount Royal - 917 19th AVE SW Calgary. List Price $1,190,000. 7 Suite Character Building 1- Bachelor, 1 - Loft and 5 - 1BR. Beautiful character building with tons of charm in Lower Mount Royal. This 7 suite building is well maintained..... with it's charm and location it is always occupied. Tenants love the location and the buildings character. It is a short walk to 17th AVE SW entertainment and shops and your tenants are a twenty minute walk to the downtown core. 5 surface parking at the rear.

SUNDRE ALBERTA 12 units with condo title

Sold

129 Centre St S SUNDRE Alberta. This is the sale of units 1-12 inclusive in Condominium Plan 9912029. 12 Units 1-Bach 11 2BR .This is a well maintained building with many cosmetic upgrades to bathrooms kitchens, etc. Roof and mechanical in excellent condition. Professionally managed and very well tenanted. This building is very well situated in Sundre with a waiting list for tenants hoping to live in the building.

OLDS ALBERTA 1 Bach 11 1BR

Sold

5114 46th Ave OLDS ALBERTA. 12 Units 1-Bach (approx 425 sf) 11 2BR (aprox 725 sf). This is a well maintained building with many cosmetic upgrades to bathrooms kitchens, etc. Roof and mechanical are in excellent condition. Professionally managed and very well tenanted. This building is very well located in Olds with a waiting list for tenants hoping to live in the building. Beautiful apartment buildings of this size and unit mix are rare and provide a wonderful opportunity to have outstanding cash flow in the future when the tenants have paid off the mortgage.

GLENBROOK Beautiful 6 plex with 6 bay garage

Sold

2729 38th St SW List Price $1,785,000.00. Excellent renovated 6 plex. This property has had many upgrades over the past 10 years, inside and out. Windows, kitchens, bathrooms, high end appliances, hardwood and tile flooring in each unit, the units have two entry doors and are approximately 750 sq.ft for 1 Br and 1,000 sf for the 2R. The roof on the garage has been redone, boiler and 2 hot water tanks replaced, common area windows replaced,6 car garage heated and insulated with new doors and openers, etc. Very unusual for any 6plex to have these upgrades.

BANKVIEW 12 units recently upgraded

Sold

2310 17A St SW List Price $3,200,000.00. VESPER - 12 suites in Bankview with extensive, quality cosmetic upgrades. All the suites have balconies and are equipped with fridge, stove and ensuite laundry. 11 suites have microwaves, 9 suites have dishwashers. 1 unit was upgraded in 2015 and the remaining 11 were upgraded in 2022/2023. Other improvements - New shingle roof, boiler, spray foam insulation and drywall installed in cantilevered parking. Vesper was appraised at $3,200,000 in June 2023.

LOWER MOUNT ROYAL - 7 storey mixed use Retail, Office Residential

Sold

1235 17th Ave SW ME TOWERS. List Price $14,400,000.00. ME Tower is a 7 storey Residential /Retail/ Office building located on 17th Ave SW in LOWER MOUNT ROYAL, one of Calgary's best rental locations. The street level is 100% retail. The 2nd and 3rd floor have a 100% Office component. The remaining floors have 48 1BR residential suites. There are 28 underground and 26 surfaace parking stalls. @.308% mortgage may be assumed subject to buyer qualifying.

BELTLINE ADAIR 17 condo titled units

Sold

1211 7th St SW - THE ADAIR LIST PRICE $2,885,000.00. This is the sale of all 17 units in Condo Plan 0715587. 11 - Bachelor, 6 1BR. All units have had upgrades over the past 15 years, this is an excellent rental location with excellent occupancy for many years. The owner looks after this property very well and a new owner will enjoy many successful years of building ownership. This is a furnished rental and all furniture owned by the Seller is included in the sale. Tenants pay their own electrical.

MISSION - 16 1BR units $3,360,000

Sold

The NEWPORT in Mission. LIST PRICE $3,360,000.00. This is the sale of all 16 units in Condominium Plan 0810356. Located in one of Calgary's very best rental neigborhoods, with a short walk to great shops and restaurants and beautiful river parks and walk ways. This condo titled building is a very well maintained building with excellent rental upside. The new owner will have a desirable and  easy to rent property for very many years to come. Offers subject to viewing.

Sunnyside 28 suites

Sold

SANDHURST 615 1st AVE NW 17 - 1BR, 11 2BR units. 28 units in Calgary's best rental location Sunnyside. It's a short walk to the trendy Kensington shops. construction , 100% surface parking. Large bright units in a very well maintained building with an excellent torch on roof. This is easy to rent , easy to operate quality building. Please see mortgage details on attached proforma - This mortgage must be assumed.Offers subject to viewing. Please contact Mike re the possibility of viewing common area, mechanical and any suites that may be vacant.MIKE FLEMING