Paul Ramikie, CCIM
RE/MAX Commercial
Cell: 403-607-7375
ACTIVE
SOLD

Multi-Family Listings

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10-12/62

  • 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880

    1427 37 Street SW Rosscarrock Calgary T3C 1S6
    Main Photo: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880

    1427 37 Street SW Calgary T3C 1S6 Rosscarrock

    $1,148,800
    Commercial
    Status:
    Active
    MLS® Num:
    A2031880
    Attention smart investors, opportunity is knocking! Two 4-plex buildings shoulder by shoulder, priced at $1,148,800 (1427) and $1,150,000 (1423); 1423 is listed separately, but preferably selling together with 1427. Right across from the Westbrook Mall in the sought-after community of Rosscarrock, Right on 37 Street SW, a block north of 17th Avenue. Near Rosscarock LRT Station and the newly opened library (walking distance), minutes’ drive to downtown. Close to parks, shopping, and all amenities. Great development potential. The combined dimension of these two lots is 30.42 meters wide and 38.11 meters deep, making up an area of 1159 square meters (12475.3 square feet). This area is big enough to build up to 30 plus condo units, with maximum floor area ratio of 2.5 and the maximum building height of 16 meters above grade. Each building has its own title. Each consists of 4 units: three 2-bedroom apartments and one 1-bedroom apartment, with laundry in suite. Currently, all 4 units of each building are rented with combined rent of $4800/month, or with the current market potential of around $6000/month. Tenants would like to stay after ownership changes. More details
    Listed by HOMECARE REALTY LTD.
    LISTING DETAILS
    PAUL RAMIKIE, CCIM

  • 1423 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2034876

    1423 37 Street SW Rosscarrock Calgary T3C 1S6
    Main Photo: 1423 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2034876

    1423 37 Street SW Calgary T3C 1S6 Rosscarrock

    $1,150,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2034876
    Build. Type:
    Low Rise (2-4 stories)
    Attention smart investors, opportunity is knocking! Two 4-plex buildings shoulder by shoulder, priced at $1,150,000 (1423) and $1,148,800(1427); 1427 is listed separately, but preferably selling together with 1423. Right across from the Westbrook Mall in the sought-after community of Rosscarrock, Right on 37 Street SW, a block north of 17th Avenue. Near Rosscarock LRT Station and the newly opened library (walking distance), minutes’ drive to downtown. Close to parks, shopping, and all amenities. Great development potential. The combined dimension of these two lots is 30.42 meters wide and 38.11 meters deep, making up an area of 1159 square meters (12475.3 square feet). This area is big enough to build up to 30 plus condo units, with maximum floor area ratio of 2.5 and the maximum building height of 16 meters above grade. Each building has its own title. Each consists of 4 units: three 2-bedroom apartments and one 1-bedroom apartment. All units have laundry in suite. Currently, all 4 units of each building are rented with combined rent of $4800/month, or with the current market potential of around $6000/month. Tenants would like to stay after ownership changes. More details
    Listed by HOMECARE REALTY LTD.
    LISTING DETAILS
    PAUL RAMIKIE, CCIM

  • 15 Units (102-404) 174 North Railway Street: Okotoks Multi Family for sale : MLS®# A2035926

    15 Units (102-404) 174 North Railway Street Okotoks Okotoks T1S 0E2
    Main Photo: 15 Units (102-404) 174 North Railway Street: Okotoks Multi Family for sale : MLS®# A2035926

    15 Units (102-404) 174 North Railway Street Okotoks T1S 0E2 Okotoks

    $3,100,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2035926
    Build. Type:
    Condo Complex
    Welcome to a great investment opportunity in Okotoks, Alberta. Located on North Railway Street, this condo complex is within walking distance to wonderful local Okotoks businesses and is only a short drive to the city limits of Calgary. Now selling a block of 15 residential units (14 - 2 Bedroom units and 1 - 1 bedroom unit) this sale represents half of the total units in the complex 15/30 units. The condo complex has a convenient elevator, underground parking, and sits on a large corner lot. Condo fees are $349/month for the one bedroom unit and up to $552/month for many of the two bedroom units. Owners pay all electricity expenses for their respective units. Condo fees include heat, water, sewer, garbage and lawn maintenance. The current gross monthly revenue for all 15 units is $21,195 a month ($254,340 per annum) but rents are expected to increase to a total gross monthly of $23,795 a month come July 2023 ($285,540 per annum). Monthly expenses are $13,696 ($164,363 per annum). Each of the 15 units are separately titled and the owner would consider selling individually, 2, 4 or 6 unit blocks. More details
    Listed by TOWN RESIDENTIAL
    LISTING DETAILS
    PAUL RAMIKIE, CCIM
10-12/62
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Data was last updated November 28, 2023 at 04:05 PM (UTC)
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.