Are you looking for a prime investment opportunity in one of Canada's most bustling cities? Look no further than this multi-family building located in the desirable community of Lower Mount Royal in Calgary, Alberta.
With a freehold title and a land size of 604 m2, this property offers plenty of space for tenants to live comfortably. The building itself was constructed in 1965 and has been well-maintained over the years, ensuring that your investment will remain profitable for years to come.
One of the standout features of this property is its location in Lower Mount Royal, a neighborhood that is known for its trendy cafes, boutique shops, and vibrant nightlife. Your tenants will have easy access to all of the amenities and entertainment options that this area has to offer.
Inside the building, each unit boasts a comfortable square footage of 645.84 sqft, providing ample space for tenants to relax and unwind after a long day. The total finished area of the building is also 645.84 sqft, ensuring that every inch of space is utilized to its fullest potential.
Heating and cooling is provided by baseboard heaters, ensuring that tenants can stay warm and cozy during the long winter months. And with municipal water utilities, you can rest assured that your tenants will have access to clean, safe drinking water.
The exterior of the building is also a standout feature, with a building size of 645.84 sqft that is sure to catch the eye of potential tenants. The property is zoned as M-C2, allowing for a variety of uses and ensuring that your investment will remain flexible and adaptable to the changing needs of the community.
And perhaps the best part of this investment opportunity is the affordable annual property taxes of just $1,826 CAD. This means that you can maximize your profits and enjoy a healthy return on investment without having to worry about excessive tax burdens.
In summary, this multi-family building in Lower Mount Royal is an excellent investment opportunity for anyone looking to capitalize on the booming real estate market in Calgary, Alberta. With a prime location, ample square footage, and affordable taxes, this property is sure to attract high-quality tenants and generate steady income for years to come. Don't miss out on your chance to own a piece of one of Canada's most vibrant and dynamic cities – contact us today to learn more about this incredible investment opportunity.