Revenue Property For Sale in Calgary, AB
232 20 Avenue Northeast$1,949,900
This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.
Rarely do properties of this calibre come up for sale! BOOK YOUR SHOWING STAT!!
This timeless, vintage themed Heirloom Homes design-build is truly one of kind- built in 2021, the floorplan design includes both a front to back split and an up/ down split. The lower units (units 1 & 2) are both 1,055 square foot loft apartments with 18 ft ceilings and 1.5 baths! They feature radiant heated concrete floors on the lower level, super durable Fusion waterproof laminate on the upper, soaker acrylic tubs, custom kitchens including gas appliances and quartz countertops. Not to mention the gorgeous tile work, beautiful high qulaity fixturing, insuite laundry, and custom textured wallpaper on the ceiling! These beautiful lofts are both leased to professionals at $2,200 & 2,300/ month respectively.
The upper townhouses are just as fantastic, the 3 bed + large den, 2 full bath layout provides a ton of space. These units feature the same vintage design qualities, custom kitchens, tile work, beautiful (and durable) chrome fixturing. Each townhouse also has its own 250 sq ft rooftop patio with downtown views and both units are currently rented at or over $3,000/ month with total rent of almost $11,000/ month for the entire building.
No detail was overlooked is the construcion of the property, the framing is structural steel, the mechanical is top of the line (seperate access from grade on the west side) and super efficient, its wired with fibre optic for the fastest internet available. The exterior is timeless, unique, and extremely durable with brick, standing seam metal, and stucco siding (in high traffic areas), fully automated exterior lighting & irrigation including the gas laterns on the front of the building (they only run Thurs thru Sat for a couple hours at dusk)!
The property is very well located and qualified as a transit orientated development (less that 600m from a future C-train station (Green Line at 16th Ave and Centre St). Two Italian supermarkets are within walking distance, other nearby commercial services include a coffee shop, 7-11, hair stylist, liquor store, cannabis shop, and pizza shop (all within 300m). There is excellent street parking in front of the building as well as a multitiude of transportation options on 16th Ave, several nearby parks and schools, and a very short commute to downtown (5 mins drive, 15 minute bike).
Feel free to email with any questions. Showings can be scheduled for qualified buyers. Please respect the tenants privacy.
Approximate Map Location*
232 20 Avenue Northeast, Calgary, Alberta, Canada T2E 1P9
* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.
Location - Click to Expand
- Address: 232 20 Avenue Northeast
- Neighbourhood: Tuxedo Park
- City: Calgary
- Province/State: Alberta
- Postal/Zip Code: T2E 1P9
- Country: Canada
- Property Type: Revenue Property / 4-Plex
- Ad Type: For Sale
- Ownership: Freehold/Fee Simple
- Listing ID: 547515
Bathroom Types - Click to Expand
- Bathroom 1: 4pc Bathroom
- Bathroom 2: 4pc Bathroom
- Bathroom 3: 4pc Bathroom
- Bathroom 4: 4pc Bathroom
- Bathroom 5: 4pc Bathroom
- Bathroom 6: 4pc Bathroom
- Bathroom 7: 2pc Bathroom
- Bathroom 8: 2pc Bathroom
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