1426 23 Avenue NW, Calgary, AB T2K1M5
1426 23 Avenue NW, Calgary, AB T2K1M5
1426 23 Avenue NW, Calgary, AB T2K1M5
1426 23 Avenue NW, Calgary, AB T2K1M5
1426 23 Avenue NW, Calgary, AB T2K1M5
1426 23 Avenue NW, Calgary, AB T2K1M5
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Gary Basra

Gary Basra

+1(403) 919-3525
$ 17,250,000
Est. payment | /mo

32,507 SqFt

Save
$ 17,250,000
Est. payment | /mo
Save

32,507 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 32507

Square Footage 32,507 sqft

Price per Sqft $530

Subdivision Capitol Hill

MLS® Listing ID A2284605

Year Built 2020

Lot Size 0.746 Acres

Acres 0.74625826

Property Sub-Type Freehold

Property Description

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:24570)

Location

State AB

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning

Flooring Carpeted, Tile, Vinyl Plank

Fireplaces Number 1

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

View Y/N No

Attached Garage Yes

Total Parking Spaces 24

Garage Yes

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

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Nearby Locations

Gary Basra

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 919-3525

gary@realtyinvestment.ca

1210 20 Ave SE, Calgary, T2G, 3G2, Canada

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1426 23 Avenue NW