info@settlersrealty.ca
CONTACT
$18,000,000
 
32507 Sq.Ft.
1426 23 Avenue NW, Capitol Hill, Calgary, Alberta, T2K1M5
MLS® Number: A2284605

Multi-family House for Sale in Avenue NW Capitol Hill Calgary

Property Information

Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary’s mature, inner-city Capitol Hill community.For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile).Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation. The Property is being offered with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers. (id:50315)

Property Summary
Property Type

Multi-family

Building Type

Storey

2

Community Name

Subdivision Name

Capitol Hill

Title

 

Land Size
32507Sq.Ft.
Built in
2020
Annual Property Taxes
$77191
Parking Type
Attached Garage
Published
6 days
Building
Bedrooms
Total
Below Grade
 
Bathrooms
Total
Partial
Interior Features
Appliances Included

Refrigerator, Gas stove(s), Washer & Dryer

Flooring

Tile, Carpeted, Vinyl Plank

Basement Features

None

Basement Type

None

Building Features
Features

Environmental reserve

Foundation Type

Poured Concrete

Architectural Style

Construction Material

Floor Space
32507.00Sq.Ft.
Total Finished Area
32507.00Sq.Ft.
Structures
Brick, Metal
Heating & Cooling
Cooling
Central air conditioning
Fireplace
Heating Type
Forced air, Natural gas
Exterior Features
Exterior Finish
Brick, Metal
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Attached Garage
Total Parking Spaces
24
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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