Chris Skowron
(403) 247-5171

RE/MAX Real Estate (Mountain View)
403-247-5171

1309 12 Avenue SW
  Calgary , Alberta   T3C0P6
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1309 12 Avenue SW For Sale

$3,200,000
Calgary, Alberta

Transaction Type
For Sale
Days On Market
2
Zoning
CC-MHX
Year Built
1957
Property Type
Commercial
Building Area (Sq. Ft.)
8651.00
Lot Size (Sq. Ft.)
6512

Listing ID: 30861
MLS ID: A2228001
Located in the heart of Calgary’s highly desirable Beltline District, 1309-12th Avenue SW offers a rare multiunit investment with both stability and upside. This is a three-level, eleven-unit apartment building which consists entirely of large one-bedroom suites, ranging between 750 and 800 square feet, as well as one smaller unit—making it an ideal asset for targeting the city’s growing population who desire an urban living environment. This apartment building was constructed in 1957 and has a solid structure, bones and fundamentals. Most units have received various levels of interior renovations over time, however, there remains opportunity for any investor who seeks to update this asset to further drive rental growth. For the ambitious investor this is a rare opportunity to secure an income generating property in a prime location, which offers strong cash flow and incredible long term value. There are 5 total parking stalls. This building is minutes from Kensington, downtown, 17th Avenue, CTrain and bus routes, access to parks and the bow river pathway. 1309-12th Avenue SW stands as a prime value-add opportunity in one of Calgary’s most desirable, walkable and sought-after urban communities.
Transaction Type
For Sale
Days On Market
2
Zoning
CC-MHX
Subdivision
Beltline
Year Built
1957
Structure Type
Other
Property Type
Commercial
Property Sub Type
Multi Family
Legal Plan
A1
Building Area (Sq. Ft.)
8651.00
Building Area (Sq. M.)
803.70
Lot Size (Sq. Ft.)
6512
Lot Size (Acres)
0.15
Inclusions
11 STOVES 11 FRIDGES
Restrictions
See Remarks
Reports
RPR with Compliance

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