Courtesy Of HOMECARE REALTY LTD.

111 23 Avenue Sw, Calgary

$2,350,000


Once in a lifetime opportunity to own this entire 4 story, 11 unit building located in the heart of Mission, just steps away from Elbow River! Hidden amongst the trees and surrounding high-rises, the location of this property is incredibly quiet at the very East end of 23rd Avenue SW. The hustle and bustle of downtown is almost non-existent in this little pocket of the city centre, but restaurants and amenities of Mission and 17th Ave are literally at your doorstep. The building has 3 two bedroom units and 8 one bedroom units. Loved and appreciated by the same owner for the last 20 years and long-term tenants, current rent is below market, but projected monthly rental income is over $12,000. The building sits on a 6501 sqft lot with the potential for redevelopment. Renovations and updates have been made to units on an ongoing basis. The building has also had recent upgrades & improvements to the parkade, and new exterior stucco, New roof in 2022, windows and patio doors in 2021. The boiler system and Hot water heater were replace in 2013. This property must be seen to realize its true potential and to see how special it really is. Don't miss out on this opportunity - call today! The roll roll and borchure are in the supplements.

Essential Information
MLS® #A1238944
Price$2,350,000
Bathrooms0.00
Acres0.15
Year Built1971
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address111 23 Avenue Sw
SubdivisionMission
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2S 0H9
Amenities
Parking Spaces11
Interior
HeatingNatural Gas, Boiler
CoolingNone
Exterior
RoofFlat
ConstructionStucco, Wood Frame, Brick
FoundationPoured Concrete
Lot Description

Back Lane, Low Maintenance Landscape, City Lot, Level, Paved, Street Lighting, Treed

Additional Information
Date ListedJuly 13th, 2022
Days on Market141
ZoningDC pre 1P2007
Listing Details
Office

Courtesy Of HOMECARE REALTY LTD.

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