Specializing in investment property since 1975. Apartment Building Sales.

Listings

Highland park 11 Suites $2,299,000

Available

HIGHLAND MANOR 3908 Center St. NE List Price $2,299,000 $209,000/door 10 - 1BR, 1 - 2BR. HIGHLAND MANOR. 11 Suites 10 - 1BR and 1 - 2BR units. 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 deck were recently replaced. The buyer must qualify and assume the existing mortgage. (3.04% until 2028).

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.

BANKVIEW 12 units recently upgraded

Available

2310 17A St SW Calgary 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

Available

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 16 condo titled units

Pending

517 15th AVE SW Zen Lofts in the Beltline - LIST PRICE $2,850,000.00. This is the sale of all 16 units in Condominium Plan 0611694. There are 10 studio units and 6 1BR units. Rent includes tenant electrical . Zen Lofts is a furnished rental. All furniture, owned by the Seller, is included in the sale of the property. This building was renovated to be a condo conversion and the owners decided to turn it into short term rentals. That program was very successful for a number of years. The current owners have gone back to a regular rental program with great success as well.

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

Pending

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.

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.

REGAL TERRACE/RENFREW 10 suites $1,795,000

Sold

10 Suites in Regal Terrrace/Renfrew . 802 4th St NE 2 - Bachelors 8 - 1BR. Excellent location in Renfrew. New boiler and hot water tank August 2022. Easy access to the Downtown core, close to many restaurants and shops. Solid building with great upside after cosmetic repairs. 3 Units have extensive upgrades and other units are waiting to be transformed after any long term tenant moves. This is an MC-2 zoned site and current building is under developed for the zoning. There is an 11th unit in the lower level that can be redecorated and rented.

Highland Park 8 Suites lots of Upgrades

Sold

4416 4th St NW 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 stalls at the rear.

Bowness 4503 73rd St NW 17 Units 17 - 1BR, 2 - 2 BR, SOLD $$2,241,000 Jul 2022

Sold

4503 73rd St NW 17* - 1 BR units in Bowness (originally built as 14 units ). There were 3 units added in the early 1980's. SOLD $2,241,000.00 Jun 2022

BANKVIEW 12 fully renovated 1BR Suites

Sold

STONESET 1821 17 St SW . STONESET is in an excellent location in the SW inner-city community of Bankview. 11- 1 BR suites. 1 Bachelor . Recent (End of MAY 2021) upgrades include new sound proofing, new insulation, new windows, new wiring, new plumbing, new heating system, new kitchens, new bathrooms, new flooring with a very tasteful decor throughout. This is a a must see turn key long term investment
Please check with Mike regarding possibility of viewing common areas, mechanical and any suites that may be vacant
CONTACT

Lower Mount Royal 9 Units $1,575,000

Sold

The KODIAK - 921 19th Ave SW. List Price $1,575,000. Kodiak is a well maintained 9 suite apartment building with a brick exterior. 1 Bachelor, 6 1-BR, 2 -2BR. Great location with a short walk to the shops and services on 17th Ave SW. The current owner has kept the building in excellent condition. The Kodiak can achieve market rents very quickly with a new hands owner . This property, with this quality, in this location can easily achieve the projected rents. Offers subject to viewing.

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.

Mission 20 Units

Sold

329 18 Ave. S.W. Excellent location in Misson SW Calgary, steps away from great entertainment, restauraunts and beautiful walking areas. Many consider Mission to be the best rental area in Calgary. A solid concrete building, wrapped in a brick exterior. This is a well maintained property. There is full surface parking at the rear and 13 units have a balcony. New boiler and hot water as of August 2021. Please make all offers subject to viewing as tenants will not be disturbed until a conditional contract is in place.

Killarney/Glengary 4 rental units

Sold

2430 33rd St SW. 4 Plex with Registered Secondary Suite approval - ref 4286. 3 - 3BR units and 1 -2BR that can easily be converted back to a 3 BR. Tenants pay all utilities. All units have a washer and dryer. The building is within walking distance to 17 Ave SW and the Westbrook LRT station. Offstreet parking for at least 4 vehicles. Recent repairs and upgrades include newer roof, eavestroughs and facia. The exterior has recently been painted and asphalt in the parking area.Please provide adequate lead time to get access to 2 units
CONTACT

MONTGOMERY One of a kind building

Sold

4108 Montgomery View NW . Very unique and rare opportunity to purchase a flexible property just a short walk from the Bow River. Across from Edworhy Park with close proximity to the university of Calgary, Foothills Hospital, Point Mackay and Angel's cafe. 3 levels of office -type improvements plus ancillary building. Please see the attachments. Please contact Mike or Mark regarding viewings

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.

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.

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

BELTLINE- 13 1 BR units

Sold

603 13 Ave SW 13 1 BR apartments in the BELTLINE. All units are above grade on the second and third floor. 15 parking stalls, 12 of which are covered. This is a concrete building with extensive upgrades over the years. There is a laundry room and storage lockers for each unit on the second floor. There is additional building storage rooms on the 2nd and 3rd floors. All units have tile and laminate floor coverings with kitchens and bathrooms upgraded over the past 15 years. This is an excellent, secure inner city building.

Bowness - 4 rental units

Sold

4620 4622 77th St NW is a well maintained 4 rental unit building right across from Bowness High School. The owner has made recent upgrades to the suites in the last few years. There are 3 - 2 BR units and 1 -1BR unit. There is lots of off street parking for your tenants. There is good access to public transportation . The Seller has received City of Calgary designation as "existing nonconforming" (see attachments). 24 hour notice to tenant(s) required for access to a suite. Yearly expenses are approximately $13,400/yr. Please text Phil at 430.465.0047 re viewings.

Pages