- For Sale
- 1 years ago
- 22 views
905 Mckinnon Drive Ne, Calgary, AB, T2E 6A6
$2,600,000
Description
Built in 2010, this is a superior building in both quality and design throughout. Offering 5 premium two-bedroom units and a 6th office/boardroom space of approx. 700 SqFt (that could be converted to a large studio 1 bedroom suite), this corner lot building sides on to an alley and back feeder lane, has dedicated parking stalls, and a garage for the luxury oversized owners suite - which occupies t
he majority of the top floor. Beautiful aesthetics include stucco finish with stone and wood accents, multi-chambered pvc windows and thoughtful landscaping including a stamped concrete walkway to the covered entrance. Current design allows for top floor owner suite with adjacent private office space, or slight redesign the office to generate more tenant revenue which could easily command an additional $1500/mo. Two walkout units enjoy large windows and generous proportions with 9ft ceilings. The main floor units, with 8ft ceilings, offer slightly higher specifications, with engineered flooring and fireplace(s). The 2nd level 'owners' suite is very well appointed with PRIVATE ELEVATOR to the garage, 2bds and an additional flex room, granite countertops, vaulted ceilings and substantial windows, offering excellent views of the west rear exposure to the mountains. All units have central A/C. Located in the established and stable community of Mayland Heights, near schools, just west of Barlow Trail and 5Kms from the International Airport. With property values and rents increasing due to unprecedented demand, this premium building is both underutilized and could easily benefit from significantly updated rents. Operating expenses of approx. $53000 and total income possible from $145000 to $185000, this is an excellent stable & enduring value for the discerning investor. Proforma attached in supplements along with building drawings, RPR etc. Flexible possession is available with leases assumed. (id:25314)
Facts and Features
Type
Multi-family
year built
2010
lot size
677 Sq. Mt
Building Area
7083 sqft
Bedrooms
No Data
bathrooms
No Data
Garage
8
Status
Active
Property Overview
- Property ID
- 38113
- Category
- Residential
- Unit Number
- No Data
- View
- No Data
- Lot Size Area
- 677 Sq. Mt
- Lot Size Dimensions
- 677.00
- Lot Features
- No Data
- Common Interest
- Freehold
Building and Architecture
- Building Type
- Multi-Family
- Architecture Style
- No Data
- Stories
- No Data
- Roof
- No Data
- Foundation Details
- Poured Concrete
- Exterior Features
- Stone, Stucco
- Construction Materials
- Wood frame
Interior Features
- Living Area
- 7083 sqft
- Above Ground Finished Area
- 7083 sqft
- Below Ground Finished Area
- No Data
- Basement
- No Data
- Flooring
- No Data
- Fireplace
- No
- Fireplaces Total
- No Data
- Fireplace Features
- No Data
Parking
- Parking Type
- No Data
- Parking Spaces
- 8
- Additional Parking Type
- No Data
- Additional Parking Spaces
- No Data
- Parking Fee
- No Data
- Parking Fee Frequency
- No Data
Property Features
- Heating
- Natural gas
- Cooling
- Central air conditioning
- Electric
- No Data
- Sewer
- No Data
- Water Source
- No Data
- Utilities
- No Data
- Community
- No Data
- Security
- No Data
Other Information
- Association Name
- No Data
- Association Fee
- No Data
- Association Fee Frequency
- No Data
- Association Fee Includes
- No Data
- Tax Annual Amount
- $6,637.00
- Existing Lease Type
- No Data
- Zoning
- No Data
- Zoning Description
- M-C1
