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No. 1805 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2172876

No. 1805 16 Street SW Calgary T2T 4E3 : Bankview

Main Photo: No. 1805 16 Street SW in Calgary: Bankview Apartment for sale : MLS®# A2172876
$4,300,000
Prop. Type:
Multi-Family
MLS® Num:
A2172876
Status:
Active
Year Built:
1952
Fantastic Investment Opportunity!This solidly built 20-unit complex, ideally located on the corner of 17th Ave SW and 16 St SW, offers a fantastic mix of newly developed suites. The Concrete building features 1 one-bedroom units(774.88sqf), 12 two-bedroom units(801.56sqf/774.88sqf), 5 three-bedroom units(959.32), and 2 bachelor suites—catering to various tenant needs. Common areas include shared coin-operated laundry, ensuring convenience for all residents. Major Repairs & Updates: New Boiler 2024 Aug $53,000,Newer Roof - 2017 ~$67,000,Newer Windows & Doors (90+) - 2012 ~$75,000,new painting, and 18 unit new flooring.The property also offers rear lane access to 4 garage spaces and 4 covered carports, providing valuable parking options. This 120' x 112' lot is zoned MR0201, offering potential for future development in this highly desirable location. Residents enjoy prime accessibility with walking distance to the C-Train station and a bus stop conveniently located right outside the building. With quick access to SAIT, the University of Calgary, Mount Royal University, downtown, and Western Canada High School, the property is perfectly positioned for students and professionals alike. Take advantage of this rare offering in a sought-after area, ideal for investors looking to capitalize on Calgary's growing real estate market. Contact us today to book a viewing!
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
Switch units of measure16,510 sq. ft.
Lower Level Finished Area:
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Above Grade Finished Area:
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Taxes:
Tax Assessed Value:
HOA Fee Includes:
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
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Acres Not Cultivated:
Acres Freehold:
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Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
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Reg. Size Includes:
Stories Total:
3
Levels:
Multi Level Unit
Year built:
1952 (Age: 72)
Bathrooms:
- (Full:-, Half:-)
Plan:
2448O
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Garage:
0
Parking Places:
8.0
Parking Total/Covered:
8 / -
Bankview (Calgary)
Fridge x 20, Stove x 20, Coin Washer x 2, Coin Dryer x 2
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
Oct 19, 2024
Days on Mkt:
Listed by Homecare Realty Ltd.
Data was last updated November 16, 2024 at 10:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.