Overview

Description

• 10,516.30 sq. ft. site with GFA of 5, may be increased in accordance with the bonus provisions
• Located just south of Calgary’s downtown core
• Level, rectangular site
• Existing cash flow exists from two existing properties (6 Suites) on the site, while you develop
• #314 consists of 4 suites, 3 x 1 bedroom, 1 x 2 bedroom, all with in suite laundries= $37,000 gross rent per year
• #316 consists of 2 suites, 4 bedrooms, 3 x bathrooms, 2 x kitchens, 3 x laundries. Currently occupied by the owner with a potential for another $25,000 gross rent per year.
• 8 x existing parking stalls with potential revenue of $15 per month per stall.
• New roofs in 2016
• New hot water tanks
• Separately metered utilities to all suites

Documents

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