$1,120,000
$1,169,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
1,991 SqFt
SOLD DATE : 06/09/2023
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,991 sqft
Price per Sqft $562
Subdivision Rosscarrock
MLS® Listing ID A2050707
Sold Date 06/09/23
Originating Board Calgary
Year Built 1961
Annual Tax Amount $5,855
Tax Year 2022
Lot Size 6,060 Sqft
Acres 0.14
Property Description
This property offers great potential for rentals, featuring two main floor units with three bedrooms each, as well as two lower level units with three bedrooms each. This property is suitable for traditional monthly rentals or can be utilized as an Airbnb, providing flexibility. Numerous renovations have been undertaken over the years, including flooring, plumbing updates, and fresh paint. Each unit is equipped with its own in-suite laundry facilities. At the rear, there is an oversized double garage that has been divided into two spacious single units, which can be rented separately. Total Bedrooms - 13( in all units) Bathrooms - 3 (3 piece) 1 (4 piece). All Units have their own entrances.
The property will serves as an excellent investment while future development plans can be designed. It benefits from its proximity to multiple high-frequency bus routes, Westbrook Mall, and the Westbrook C-Train station. Additionally, its convenient location near 17th Ave and Bow Trail grants easy access to major shopping centers, restaurants, coffee shops. With city approval and permits, there is significant potential for future redevelopment, either as a corner fourplex or by utilizing the higher zoning density of M-C2 to construct even more units. Rosscarrock is undergoing a transformation into an attractive inner city community, with numerous newer buildings being developed in the vicinity.
This corner 4 plex at 1444 that was originally built as a 4 plex and features M-C2 zoning. The 1444 property is not warranted as a legal 4 plex, as the city does not have records for, nor does the seller have permits from original construction back in 1961
Location
Province AB
County Calgary
Area Cal Zone W
Zoning M-C2
Interior
Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer
Exterior
Total Parking Spaces 2
Others
Restrictions None Known
Tax ID 76286343
Ownership Private
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