




This business in Calgary offers a 651 sqft lot. Built in 1958. The property has lot dimensions of 651.00. The home features natural gas heating.
Exceptional investment opportunity in one of Calgary’s most sought-after inner-city communities — Upper Mount Royal.This well-maintained 8-suite apartment building offers a rare chance to acquire a pride-of-ownership asset in a premier location known for long-term stability and strong tenant demand. Positioned minutes to 17th Ave and downtown, this property blends character, functionality, and future upside.The building consists of six spacious two-bedroom units, each thoughtfully designed with both front and rear entrances — a highly desirable feature for tenants seeking privacy and convenience. In addition, there is one additional one-bedroom unit and one bachelor suite, providing a balanced and flexible unit mix.The current owner has carefully maintained the property over the years, with ongoing upkeep and selected updates that reflect true care and stewardship. The mechanical systems and common areas show well, offering confidence for both seasoned investors and those entering the multi-family market.Additional features include coin-operated laundry and secure individual storage lockers for tenants. At the rear of the building, there is parking for up to seven vehicles, complemented by ample street parking — a significant advantage in this high-demand inner-city location.Tenants will appreciate the walkability to the Sunalta LRT station, downtown core, 17th Avenue, parks, shopping, restaurants, and everyday amenities. The location supports consistent occupancy and long-term rental appeal.Whether you are expanding your portfolio or seeking a stable multi-family asset in a blue-chip neighbourhood, this Upper Mount Royal property presents a compelling opportunity with both immediate income and future growth potential.Opportunities like this in established inner-city communities are increasingly rare. (id:60351)
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Listed by Harold Spicer, Real Broker
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Listing represented by Harold Spicer, Real Broker · MLS# A2288532
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.