Multi-Family Apartment Buildings For Sale Alberta, Commercial Real Estate investment Alberta
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Investment opportunity to own a legal four-plex featuring identical 3-bedroom bi-level units, each with 1.5 bathrooms and washer/dryer hook-ups. Conveniently located in the community of Mayland Heights, only a 7-minute drive to Downtown and within walking distance to the grocery store, recreational parks, and tennis courts. Each unit is equipped with its own furnace and hot water tank, with tenants responsible for their utilities. The property is fully leased, with every unit having separate entrances and just over 1200 sqft of rentable space. These generously sized bi-level units offer a spacious upper level comprising a living room, kitchen, dining area, laundry room, and half bath, while the lower-level hosts three bedrooms and a full bathroom. Situated on a M-C1 lot measuring 120 ft. x 50 ft. The property includes rear parking with four stalls and ample street parking.More details
Exciting opportunity to own this full side-by-side duplex on a large lot! Each unit features 1100 sqft of living space with 3 bedrooms and 1 bathroom. Positioned on a M-C1 lot measuring 112 ft. x 68 ft., this property has potential for future redevelopment. Great upside with this duplex to either turn into a legal four-plex by developing the basements into separate legal units or expanding with additional bedrooms and a second bathroom. Currently fully leased, each unit is equipped with its own fireplace, while the basements have washer dryer hookups, furnaces, and hot water tanks; tenants are responsible for their own utilities. Ideally located on a quiet street, just a 10-minute drive to downtown, this property is surrounded by nearby schools, grocery store, recreational parks, and tennis courts. Parking is convenient with 4 stalls in the rear and ample street parking available.More details
Welcome to South Calgary, a vibrant community ripe with development and investment opportunities. Nestled in one of the city’s most sought-after areas, this neighborhood presents an exciting prospect for developers and investors alike. Introducing a prime investment opportunity: a fully tenanted 6-plex spanning on a corner lot, on an impressive 10,914 sq.ft. lot, boasting a sloping grade and zoned for Land Use M-C2. Comprising of four 2 bedroom/1 bath suites and two 1 bedroom/1 bath suites, this 6-plex offers a diverse range of rental options to cater to various tenant needs. Notably, five of the six suites have been tastefully renovated to meet modern standards of comfort and style. Each renovated unit features new kitchens w/ stainless steel appliances, quartz countertops, soft close cabinets/drawers, and vinyl plank flooring. The bathrooms have been upgraded with luxurious soaker tubs, new vanities and fixtures, vinyl plank flooring, enhancing the overall appeal and functionality of living spaces. Convenience is key, with all six units equipped with in-suite laundry, complete with apartment-sized stackable washer/dryer units, ensuring comfort and convenience for the tenants. Unit sizes: 2- beds range from 752-806 sq.ft./unit. 1 bed-704 sq.ft. and the last unrenovated unit is 1 bed-562 sq.ft. In addition to the impressive suite renovations, this property boasts several notable upgrades and improvements. In 2015 the roof, retaining wall, deck, staircase, posts concrete pad were replaced. Commercial-grade hot water tank in 2017 and new fence in 2022. These additional upgrades, combined with the suite renovations, demonstrate a commitment to maintaining and improving the property’s value over time. Parking is ample, with ten parking stalls available on site, enhancing the appeal of the property and adding to its overall value. Furthermore, this property offers a tenant-friendly setup, with each unit being separately metered for power. Don’t miss out on the opportunity to be part of South Calgary’s exciting growth story. With its favorable market conditions, strategic location, and vibrant atmosphere, this community is poised to deliver substantial returns on investment for savvy developers and investors.More details
Investors check this out! Massive potential with this one! This 6 unit row/ townhouse is located in the Town of Claresholm close to the Hospital and Doctor's clinic and backs onto the Claresholm golf course. With plenty of walking paths, there are tons of outdoor areas to enjoy. Each unit is a front/ back split with a total of 1144 sq/ft on all three levels. Each unit has 4 bedrooms, 1.5 bathrooms and the property has had many renovations and upgrades over the years. Five of the units are fully rented and the last unit has been left vacant for showings. Each unit has its own title and are individually metered for utilities. The process for turning these units into a condo has begun if the new owners wanted to convert they could. The units are currently being rented to primarily seniors.More details
Incredible opportunity to acquire 12 condo-titled townhomes on a massive lot in the heart of Bowness! Each of the 12 townhomes boasts identical 2-bedroom bi-level layouts, featuring 1 full bath and washer/dryer hook-ups, with the option to build a second bathroom. These generously sized units are thoughtfully designed, offering a spacious upper level comprising a living room, kitchen, dining area, and laundry room, while the lower-level hosts two bedrooms with walk-in closets and a full bathroom. This condo-titled building has excellent upside potential, conveniently located just one block away from Bowness High School and the Bowness Community Centre. Situated on a sizable M-C1 lot measuring 120 ft. x 150 ft. The property is fully leased, with each townhome having separate entrances and just over 1000 sq ft of rentable space. Additionally, each unit features its own furnace and hot water tank, with tenants responsible for their own utilities. Rear parking has 12 stalls, each equipped with electrical hook- ups, supplemented by plenty of street parking. Bowness is on the rise as an emerging neighborhood with ongoing new development, due to its close proximity to the Bow River, University of Calgary, Market Mall, and easy access to the Trans-Canada Highway.More details
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 may qualify and assume the existing mortgage. (3.04% until 2028). A buyer can save over $20,000 per year on interest by assuming the mortgage when compared to today's CMHC insured rates. Alternatively the Buyer can apply for CMHC MLI Select Financing program. Please refer to the 2 page proforma in the supplements that shows the 2 financing scenarios. OFFERS SUBJECT TO VIEWINGMore details
Corner lot , Investment opportunity 6 plex , located in Altadore , prime location to hold or to build, 9300 sq.ft. of land on a corner lot, Land Use M-C1 5x2 bedrooms 1x1 bedroom , up grades include newer windows, exterior, 1 suites been upgraded with new kitchens , 1 suite is for showings, all suites are large , includes all appliances , newer roof. long term tenants , please do not approach tenants. Monthly gross income $9,700.00 Extra income from laundry at $3600 per year Total revenue $116.400.00per year Investment opportunity 6 plex , located in Altadore , prime location to hold or to build, 9300 sq.ft. of land on a corner lot, 5x2 bedrooms 1x1 bedroom .More details
THIS COULD BE YOUR NEXT HOME!! This is one of the most unique properties you will ever find a half block from historical downtown Didsbury and right across from the post office providing an AMAZING LOCATION FOR BUSINESS AND/OR RESIDENCE. C3 Zoning means you will have LOTS OF VERSATILITY; also this district was created to keep the Central Core Heritage look of the downtown core and ease parking restrictions. So for instance, this would make a lot of sense for anyone interested in a MULTI GENERATIONAL HOME or LIVE IN BUSINESS. Location is definitely important but the GRANDEUR of this building is sure to impress before you enter this EXCEPTIONAL property. The grand lobby is a great place for reception and you will appreciate the curved walls/curved staircases/fluted columns/heritage finishes/hardwood floors/fireplace and open space for a variety of uses. There are EXTRA OFFICE SPACE with plenty of storage/built in cabinetry and AMPLE AREAS FOR STAFF. The UPPER EXECUTIVE SUITE IS TRULY IMPRESSIVE with over 1500 sf of living space with separate private access. It has hardwood floors throughout, 5 stage crown molding, up lighting, sun tubes for extra natural light and it has a large private brick patio with built in Vermont Casting BBQ. The kitchen has custom maple cabinets with Tuscany lacquer finish, custom granite countertops, HUGE island, high end appliances, a large walk in pantry with cabinetry and even a nifty built in wrapping station. The main suite also has 2 bedrooms, 1 bathroom with laundry and built in ironing board, dining room leading out to that brick patio, living room and THERE IS EVEN SPACE TO INSTALL AN ELEVATOR if needed. Head downstairs to the lower level and you will find almost 1300 sf of fully finished space ample for business or it could be remodeled for ADDITIONAL RESIDENTIAL SPACE. It has MORE OFFICES with built in cabinetry, an exercise room with corner storage units, den, sitting/living room, 3 pc bathroom, kitchenette/pantry/coffee center with custom cabinetry, a hidden passage door to 220 sf of cold storage, mechanical room and MORE SPACE TO DEVELOP IF NEEDED. This building is a SOLID ICF construction which is 6X QUIETER than conventional framing. There is also a built in sound system throughout the building, central vac, fiber optics, new metal roof (3 yo), wired for a generator, fire rated stairwells and it is sound rated between floors. There is a heritage carriage building (garage for one) with PAVED LANE for additional parking. This building would be very fitting for a professional business owner and the current owner (an architect) might be willing to revamp the floorplans to provide other options for use of space (plumbing and electrical were plumbed/installed with future use in mind). This is truly a ONE OF A KIND PROPERTY that is complete as it is or could be easily revised to accommodate your family and/or business opportunities. Serious inquiries only please! GST is applicable. Check out the VIDEO in Virtual Tour.More details
Here is a great opportunity to purchase a fully rented 12-plex for sale in Taber! Many recent updates include brand new boiler system, new flooring in common area, some updated kitchens and flooring in half of the units, and a brand new communications front access system. The roof is only 6 years old. The property also has video surveillance, and 2 storage sheds for additional rent. The rents have also been significantly increased in the past few years. Contact your favorite realtor to book a showing.More details
Discover a rare gem in the heart of Mission at 111 23 Ave SW—a meticulously maintained 11-unit building mere steps from the tranquil Elbow River. Boasting a mix of 3 two-bedroom units and 8 one-bedroom units, this property presents a diverse rental income stream, currently yielding $14,535 along with additional laundry income of approximately $200 per month.
Nestled in a vibrant community, residents enjoy easy access to an array of amenities, including trendy cafes, boutique shops, and scenic parks. The serene ambiance of the Elbow River pathway offers a peaceful retreat for leisurely strolls or outdoor activities.
Experience peace of mind knowing that this building has been lovingly cared for, with all units undergoing renovations during vacancies between tenants. Recent upgrades, including new windows and patio doors installed in 2021, along with parkade enhancements, fresh exterior stucco, and a new roof in 2022, ensure modern comfort and aesthetic appeal.
Furthermore, critical infrastructure updates, such as the replacement of the boiler system and hot water heater in 2013, speak to the property's enduring value and reliability. Don't miss this exceptional investment opportunity in one of Calgary's most sought-after neighborhoods. Schedule a viewing today to witness the true potential of this remarkable property.More details
VESPER - 12 suites in Bankview with extensive, quality cosmetic upgrades. All 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, the remaining 11 suites upgraded in 2022/2023. Other improvements - New shingle roof, boiler, spray foam insulation and drywall installed in cantilevered parking. (See supplements for upgrades). VESPER was appraised at $3,200,000 in June 2023. Suite sizes Bach - 502 sf 1 BR - 597 sf 1 BR & den - 688 sf 2 BR - 809 sfMore details
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. SEE proforma and RPR in the supplements.More details
Data was last updated March 29, 2024 at 12:05 PM (UTC)
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