217 25 Avenue NE Calgary

217 25 Avenue NE Calgary

217 25 Avenue NE Calgary

217 25 Avenue NE Calgary

217 25 Avenue NE Calgary

October 24, 2021

$ 700,000.00

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  • Style: ,
  • Post Updated: 2021-11-19 02:06:29
  • MLS ® #: A1153312
  • Bathrooms: 5
  • Type:
  • Bedrooms Above Grade: 6
  • Bedrooms: 8
  • Date added: 10/24/21
  • Baths Half: 2
  • Two Piece Bath: 2
  • Status:
  • Lot size: 2992 sq ft
  • Area: 0.00 sq ft
  • Year built: 1979
  • County Or Parish: Calgary
  • Parking: ,
  • CONDO TYPE: Not a Condo

Description

UNIQUE INVESTMENT OPPORTUNITY!! 3 GRANDFATHERED suites EACH SIDE totalling 6 illegal suites that MUST BE PURCHASED TOGETHER next door but you can FINANCE RESIDENTIALLY. This Multi-family development has 2 separate titles for 217 & 219 sides, giving investors the option to finance residentially! Located in the PRIME area of Tuxedo Park, this development offers 6 UNITS (x3 – 2bedroom units & x3 – 3 bedroom units)!! **See below for detailed unit breakdown** With just short of $70K of NET ANNUAL INCOME and potential to increase rents, this property is perfect for holding & cash flowing or can be re-developed in the future! Well kept, clean & maintained, each of the 2nd & top floor units have a balcony and the rear of the building provides 4 parking stalls for residents! Located 5 minutes from 16th Avenue, 8 minute drive to SAIT, transit routes within walking distance and easily accessible to core downtown Calgary, this development has great appeal to students & working professionals! Unit Breakdown: 217 25 Ave NE (West Side): 217A (Top Floor) – 2 Bedrooms with 1.5 Bathrooms, 217B (2nd Floor) – 3 Bedrooms with 1.5 Bathrooms, 217C (Basement) – 2 Bedrooms with 1 full Bathroom ! 219 25 Ave NE (East Side): 219A (Top Floor) – 3 Bedrooms with 1.5 Bathrooms, 219B (2nd Floor) – 3 Bedrooms with 1.5 Bathrooms, 219C (Basement) – 2 Bedrooms with 1 full Bathroom.

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Property Information

  • Basement: ,
  • Levels:
  • Laundry features:
  • Zoning: R-C2
  • Transaction Type: For Sale
  • List Price Square Foot: $ 333.72
  • Title Land: Fee Simple
  • Photo Count: 26
  • Rooms Above Grade: 12
  • Unit Exposure: N
  • Construction Materials: Brick,See Remarks
  • Suite: Suite - Illegal
  • Foundation: Poured Concrete
  • Frontage Metres: 7.61M 25`0"
  • Appliances: See Remarks
  • Living Area SF: 2097.58
  • Subdivision Name: Tuxedo Park
  • Structure Type: Duplex
  • Lot Size Acres: 0.07
  • Restrictions: None Known

Property Features

  • Total Parking: 4
  • Fireplace: 3
  • Flooring: Laminate,Tile
  • Fireplace Features: Gas
  • Community Features: Park,Schools Nearby,Playground,Sidewalks,Street Lights,Shopping Nearby
  • Exterior Features: Other
  • Fencing: None
  • District: CAL Zone CC
  • Cooling: None
  • Inclusions: All Appliances and Window Coverings Owned by Seller
  • Interior Features: Built-in Features,Chandelier,Open Floorplan,See Remarks,Separate Entrance,Storage
  • Lot Features: Back Lane,Low Maintenance Landscape,Rectangular Lot
  • Roof Type: Asphalt Shingle
  • Heating Type: Forced Air,Natural Gas

Courtesy of

  • Office Name: RE/MAX HOUSE OF REAL ESTATE
This style property is located in Calgary is currently and has been listed on Paul Brinton. This property is listed at $ 700,000.00. It has 8 beds bedrooms, 5 baths bathrooms, and is 0.00 sq ft. The property was built in 1979 year.
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