No., 1805 16 Street SW, Calgary, Alberta, T2T 4E3

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$ 4,300,000

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Bed

Full Bath

16510

SqFt

$260

/ SqFt

Neighbourhood:

South West

Type

Multi-Family

MLS® #:

A2172876

Year Built:

1952

Days on Market:

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Schools Near By

Richmond School	2701 22 St SW Calgary, AB T2T 5G5
Mount Royal School	2234 14 St SW Calgary, AB T2T 3T3
Elbow Park School	721 38 Ave SW Calgary, AB T2T 2H8
Earl Grey School	845 Hillcrest Ave SW Calgary, AB T2T 0Z1
Altadore School	4506 16 St SW Calgary, AB T2T 4H9

Description

Fantastic Investment Opportunity!This solidly built 20-unit complex, ideally located on the corner of 17th Ave SW and 16 St SW, offers a fantastic mix of newly developed suites. The Concrete building features 1 one-bedroom units(774.88sqf), 12 two-bedroom units(801.56sqf/774.88sqf), 5 three-bedroom units(959.32), and 2 bachelor suites—catering to various tenant needs. Common areas include shared coin-operated laundry, ensuring convenience for all residents. Major Repairs & Updates: New Boiler 2024 Aug $53,000,Newer Roof - 2017 ~$67,000,Newer Windows & Doors (90+) - 2012 ~$75,000,new painting, and 18 unit new flooring.The property also offers rear lane access to 4 garage spaces and 4 covered carports, providing valuable parking options. This 120' x 112' lot is zoned MR0201, offering potential for future development in this highly desirable location. Residents enjoy prime accessibility with walking distance to the C-Train station and a bus stop conveniently located right outside the building. With quick access to SAIT, the University of Calgary, Mount Royal University, downtown, and Western Canada High School, the property is perfectly positioned for students and professionals alike. Take advantage of this rare offering in a sought-after area, ideal for investors looking to capitalize on Calgary's growing real estate market. Contact us today to book a viewing!

No., 1805 16 Street SW - Subdivision Statistics

Avg. asking price	4,300,000
Price per sq. ft.	260.4482

Essential Information

Listing ID	A2172876
Price	4,300,000
Bedrooms
Full Baths
Half Baths
Lot Features
Lot Size Acres
Year Built
Type	Multi-Family
Sub-Type	Apartment
Status	Active

Community Information

Address	No., 1805 16 Street SW
City	Calgary
Latitude	51.03758450
Longitude	-114.09925650
State or Province	Alberta
Street Dir Prefix
Street Dir Suffix	SW
Zoning	M-CG d72
District	CAL Zone CC
Postal Code	T2T 4E3
Major Change Type	Price Increase
Major Change Timestamp	2024-11-14T09:36:51.060

Amenities

Parking Spaces	8
Parking	8

Interior

Heating
Cooling
Has Basement
Fireplace
Flooring

Exterior

Exterior Features
Roof
Construction
Foundation
Fencing
Pool Features

Additional Information

Listing key Numeric	95946536
Unit Number	No.
Structure Type	Low Rise (2-4 stories)
Direction Faces
Building Area Total
Listing Contract Date	2024-10-19

Room Dimensions

Interior Features
Bathrooms Total
Appliances
Utilities
Suite
Below Grade Finished Area Units	SquareFeet

Additional Information

Days on Market	32
Public Remarks	Fantastic Investment Opportunity!This solidly built 20-unit complex, ideally located on the corner of 17th Ave SW and 16 St SW, offers a fantastic mix of newly developed suites. The Concrete building features 1 one-bedroom units(774.88sqf), 12 two-bedroom units(801.56sqf/774.88sqf), 5 three-bedroom units(959.32), and 2 bachelor suites—catering to various tenant needs. Common areas include shared coin-operated laundry, ensuring convenience for all residents. Major Repairs & Updates: New Boiler 2024 Aug $53,000,Newer Roof - 2017 ~$67,000,Newer Windows & Doors (90+) - 2012 ~$75,000,new painting, and 18 unit new flooring.The property also offers rear lane access to 4 garage spaces and 4 covered carports, providing valuable parking options. This 120' x 112' lot is zoned MR0201, offering potential for future development in this highly desirable location. Residents enjoy prime accessibility with walking distance to the C-Train station and a bus stop conveniently located right outside the building. With quick access to SAIT, the University of Calgary, Mount Royal University, downtown, and Western Canada High School, the property is perfectly positioned for students and professionals alike. Take advantage of this rare offering in a sought-after area, ideal for investors looking to capitalize on Calgary's growing real estate market. Contact us today to book a viewing!
Standard Status	Active
Legalplan	2448O
Levels	Multi Level Unit