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$ 3,995,000
Est. payment | /mo
7,168 SqFt
$ 3,995,000
Est. payment | /mo
7,168 SqFt
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 7168
Square Footage 7,168 sqft
Price per Sqft $557
Subdivision South Calgary
MLS® Listing ID A2336846
Year Built 2025
Lot Size 6,243 Sqft
Acres 0.14332113
Property Sub-Type Freehold
Appx SqFt 7168
Property Description
Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Cooling Fully air conditioned
Exterior
Parking Features Yes
View Y/N No
Attached Garage No
Total Parking Spaces 4
Garage Yes
Private Pool No
Building
Story 3
Others
Ownership Freehold
Listed by The Real Estate District
NEARBY SCHOOL & BUSINESS
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