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$ 2,924,400
Est. payment | /mo
4,497 SqFt
$ 2,924,400
Est. payment | /mo
4,497 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 4497
Square Footage 4,497 sqft
Price per Sqft $650
Subdivision Eau Claire
MLS® Listing ID A2304374
Year Built 2024
Property Sub-Type Freehold
Property Description
Turnkey Investor Package #2 at First & Park, a premium opportunity to secure a strategic multi-unit portfolio in one of Calgary's most desirable riverfront communities. Completed in 2024, this boutique concrete development offers strong fundamentals for investors seeking stable long-term rental income and appreciation in a supply-constrained inner-city location.Purpose-built for scalability, this package features a high-performing mix of larger layouts, including 2 Bed, 2 Bed + Den configurations, ideal for maximizing rental income and attracting quality tenants.This package includes:Unit 1301 (D1) – 2 Bed, 1 Bath | North Exposure | 571 SQFTUnit 713 (D5) – 2 Bed, 2 Bath | North Exposure | 715 SQFTUnit 813 (D5) – 2 Bed, 2 Bath | North Exposure | 715 SQFTUnit 302 (E1) – 2 Bed + Den, 2 Bath | North East Exposure | 861 SQFTUnit 408 (D2) – 2 Bed + Den, 2 Bath | South West Exposure | 774 SQFTUnit 208 (E1-2) – 2 Bed + Den, 2 Bath | North East Exposure | 861 SQFTThis diverse unit mix provides exposure to higher rental brackets, making it ideal for professionals, roommates, and executive tenants seeking proximity to downtown and lifestyle amenities. Larger floorplans with dens add flexibility for work-from-home tenants, further enhancing rental demand.Currently, the building permits long-term rentals only, creating a stable investment environment with predictable income and reduced turnover risk.Each unit is backed by a 5-Year New Home Warranty, offering peace of mind and reduced maintenance concerns for investors.Located steps from the Bow River pathway system, Prince's Island Park, and Eau Claire, First & Park delivers unmatched lifestyle appeal. Residents enjoy immediate access to downtown offices, transit, restaurants, and Calgary's top recreational amenities, a key driver for sustained rental demand.Building features include:Concierge serviceFitness centre & yoga studioOwner's lounge & co-working spacesHeated underground parking & EV readiness Secure bike storageThis is a rare opportunity to acquire scale in a prime location, combining larger, high-demand layouts with strong long-term growth fundamentals.Investor Package #2 offers size, versatility, and location, a high-quality addition to any real estate portfolio in Calgary's core. (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Interior
Heating Central heating,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N Yes
View View
Attached Garage No
Garage No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX Complete Realty
Nearby Locations
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