Calgary, AB T2V0G7,526 & 528 56 AVE SW
Calgary, AB T2V0G7,526 & 528 56 AVE SW
Calgary, AB T2V0G7,526 & 528 56 AVE SW
Calgary, AB T2V0G7,526 & 528 56 AVE SW
Calgary, AB T2V0G7,526 & 528 56 AVE SW
Calgary, AB T2V0G7,526 & 528 56 AVE SW
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$1,755,000

$1,849,000

5.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4,676 SqFt


SOLD DATE : 02/29/2024

Key Details

Sold Price $1,755,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,676 sqft

Price per Sqft $375

Subdivision Windsor Park

MLS® Listing ID A2100191

Sold Date 02/29/24

Style 2 Storey

Originating Board Calgary

Year Built 2004

Annual Tax Amount $7,491

Tax Year 2023

Lot Size 6,006 Sqft

Acres 0.14

Property Description

Step into the heart of Calgary with this impeccably maintained 4Plex, an incredible investment opportunity tailored for those bullish on the thriving Calgary market. Revel in a robust CAP Rate of over 5.25% with potential annual rental income exceeding $110k. Unlock additional potential of this property by exploring the possibility of condominiumization, an avenue to instantly elevate the property’s overall value. Discover the charm of each unit, crafted as an upright 2-storey home with a seamless open-concept living room and kitchen, two master bedrooms boasting their own ensuites, and a fully finished basement. Enjoy the flexibility offered by separate heating systems and electrical meters for each unit allowing for customizable utility payment structures. A parking pad at the rear ensures each unit has a designated spot, with an additional spot for visitors. Street parking in the front adds to the accessibility and convenience. Situated mere steps from Chinook Centre, Calgary's premier mall, and a short stroll to the Chinook train station, this property also offers swift access to the Macleod Trail corridor. Whether you are a seasoned investor or a newcomer to the real estate investors market, seize the opportunity to add to your portfolio with this well-maintained 4-Plex, capturing both cash flow and capital growth potential. Invest with confidence and make a smart move by scheduling a viewing to witness firsthand the investment appeal of this remarkable property!

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning DC (pre 1P2007)

Rooms

Basement Finished, Full

Interior

Heating Fireplace(s), Forced Air, Natural Gas

Flooring Carpet, Laminate

Fireplaces Number 3

Fireplaces Type Basement, Electric, Living Room

Appliance See Remarks

Exterior

Garage Alley Access, Concrete Driveway, Parking Pad, Side By Side

Garage Description Alley Access, Concrete Driveway, Parking Pad, Side By Side

Fence Fenced

Community Features Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Front Porch, Rear Porch

Lot Frontage 50.0

Total Parking Spaces 5

Building

Lot Description Back Lane, Near Shopping Center, Rectangular Lot

Story 2

Foundation Poured Concrete

Architectural Style 2 Storey

Level or Stories Two

Structure Type Vinyl Siding

Others

Restrictions None Known

Tax ID 82809155

Ownership Private

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Listed by eXp Realty

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Andy Katoch

Agent | License ID: LDKATOCAN

+1(587) 323-4499

# 203-503 7th St S, Alberta, T1J, 0V1, Canada

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