*SEE MULTIMEDIA LINK FOR FULL DETAILS!!* Ready in SPRING 2024, this BRAND-NEW side-by side infill features 2-BEDROOM LEGAL BASEMENT SUITES on each side, representing 4 LUXURY UNITS in total. This property is perfect for investors, especially those that are interested in a great property to use for short-term rentals! Situated in the heart of Inglewood, just a block away from all the shops, restaurants, coffee shops and amenities that 9th Ave has to offer, this location is a mere 5 min walk to the river pathways, and less than 30 mins on foot to downtown, Stampede Park, and the Saddledome. Quite simply, you won’t find a better inner-city location than this! Professionally built by Professional Custom Homes, with interior design by Erin Gasparini Interior Design, this property boasts a clean, fresh design throughout. The upper units each feature 4 beds plus a den/flex space, and 3.5 baths over 3 levels, with upscale finishings including wide plank engineered hardwood floors, custom cabinetry, quartz countertops including a 10-ft waterfall island, Jenn-Air appliance package, modern tile, black hardware and plumbing fixtures, lacquered MDF closet shelving, and more. Second floors feature 3 beds/2 full baths PLUS a DEN/FLEX space. Entire 3rd levels are devoted to the PRIMARY SUITES with private balcony, fireplace, and SPA-LIKE ENSUITES. Accessible by a private entrance with its own lower patio, the 2 bedroom, 2-bathroom LEGAL BASEMENT SUITES each feature in floor heat, luxury vinyl plank flooring, custom cabinetry, quartz counters including a waterfall island, Samsung Appliances, and more. A timeless brick and Hardie board exterior, landscaping package, two double detached garages and a 10 year new home warranty complete this property. **Please note that both sides of this project are available to purchase independently or together as a package. **Project is under construction with an estimated completion in Spring 2024. ¬¬¬RMS Measurements have been derived from the builders plans and are subject to change upon completion of the home. Interior details are also subject to change through construction. Interior Photos shown are sample images from another project by the same builder and do not represent the actual (upgraded) finishes and floorplan in this project. ** **VISIT MULTIMEDIA LINK FOR FULL DETAILS!**More details
Listed by Michael Johnston
and Michael Ferianec
of RE/MAX HOUSE OF REAL ESTATE
ATTENTION INVESTORS | FULLY RENTED | EXCELLENT REVENUE GENERATING INNER CITY 4 PLEX | AIRBNB PROFORMA- UPPER SUITES: $155 PER NIGHT & BACK SUITES: $145 PER NIGHT = $9000 PER MONTH ($108,000 PER YEAR) AT 50% OCCUPANCY | 4 SUITES | FULLY RENTED CURRENTLY FOR $61,200 PER YEAR (TENANTS PAY UTILITIES) | CLOSE TO DOWNTOWN & EASY ACCESS TO TRANSIT | This This multi-use offering fourplex is located in one of Calgary’s most sought after inner city communities, Bridgeland, in the heart & centre of Calgary. Resting amongst some of the city’s most prestigious communities such as Crescent Heights, Mount Pleasant, and Rosedale. This opportunity is on a fantastic, quiet residential street with a short walk to public transit, 10 minutes to the Downtown Core, blocks from the iconic Peter’s Drive in, Golfing, Bridgeland Shopping and quick access to Deerfoot Trail, 16th Avenue and Edmonton Trail providing connectivity to all quadrants of the City. All 4 suites each have open floor plans with 2 bedrooms, have private entrances and there is a laundry area (washer & dryer), These suites could be rented out or leased out for either a short time like Airbnb or a full time rental. Currently the asset contributes $60,000 a year but rents could have the potential to be increased to market level. It is very nicely located for both rental income as well as Airbnb. Call to know more about all the opportunities this property has to offer!More details
Listed by Justin Warthe
and Kent Richardson
of RE/MAX HOUSE OF REAL ESTATE
Data was last updated September 30, 2023 at 02:05 AM (UTC)
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