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728 14 Avenue SW, Calgary, Alberta T2R 0N1
About This Property
Beautifully maintained 1910-character building offering historic charm, affordable rents, consistently high occupancy, and long-term tenant retention.The property has undergone extensive upgrades, including: • Redecorated suites • New boiler installed circa 2016 • Updated electrical system, including electrical panel • Plumbing upgrades completed in 2012 • Roof replaced circa 2018 2019 • Low-maintenance landscaping with a small outdoor patioThis turnkey investment property offers stable rental income with minimal ongoing maintenance. Potential future upside is possible through acquiring a Heritage property designation and the sale of air rights, both of which require municipal approval.An excellent opportunity to own a well-maintained character property with strong rental demand. The existing mortgage must be assumed - See supplements.
Key Features
- Built in 1910
- Baseboard heaters, Radiant heat, Natural gas
Property Details
Size
Building
Land
Financial
What’s nearby
- Alberta Ballet SchoolGrades 7-12 400 m5 min walk
- Yuzyk AcademyGrades 0-9 400 m5 min walk
- Western Canada High SchoolPublic (CBE) 450 m5 min walk
- Connaught SchoolPublic (CBE) 650 m8 min walk
Distances are straight-line. Catchment areas change, so confirm the designated school with the Calgary Board of Education or Calgary Catholic School District.
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Estimated Monthly Payment
Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.
- Mortgage$13,825
- Property tax$809
- Estimated total$14,634/mo
View on REALTOR.ca
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