About This Property
Turnkey Investor Package #2 at First & Park, a premium opportunity to secure a strategic multi-unit portfolio in one of Calgary’s most desirable riverfront communities. Completed in 2024, this boutique concrete development offers strong fundamentals for investors seeking stable long-term rental income and appreciation in a supply-constrained inner-city location.Purpose-built for scalability, this package features a high-performing mix of larger layouts, including 2 Bed, 2 Bed + Den configurations, ideal for maximizing rental income and attracting quality tenants.This package includes:Unit 1302 (E1) – 2 Bed + Den, 2 Bath | North East Exposure | 861 SQFTUnit 713 (D5) – 2 Bed, 2 Bath | North Exposure | 715 SQFTUnit 302 (E1) – 2 Bed + Den, 2 Bath | North East Exposure | 861 SQFTUnit 408 (D2) – 2 Bed + Den, 2 Bath | South West Exposure | 774 SQFTUnit 208 (E1-2) – 2 Bed + Den, 2 Bath | North East Exposure | 861 SQFTThis diverse unit mix provides exposure to higher rental brackets, making it ideal for professionals, roommates, and executive tenants seeking proximity to downtown and lifestyle amenities. Larger floor plans with dens add flexibility for work-from-home tenants, further enhancing rental demand.Currently, the building permits long-term rentals only, creating a stable investment environment with predictable income and reduced turnover risk.Each unit is backed by a 5-Year New Home Warranty, offering peace of mind and reduced maintenance concerns for investors.Located steps from the Bow River pathway system, Prince’s Island Park, and Eau Claire, First & Park delivers unmatched lifestyle appeal. Residents enjoy immediate access to downtown offices, transit, restaurants, and Calgary’s top recreational amenities, a key driver for sustained rental demand.Building features include:Concierge serviceFitness centre & yoga studioOwner’s lounge & co-working spacesHeated underground parking & EV readinessSecure bike storageThis is a rare opportunit y to acquire scale in a prime location, combining larger, high-demand layouts with strong long-term growth fundamentals.Investor Package #2 offers size, versatility, and location, a high-quality addition to any real estate portfolio in Calgary’s core.
Key Features
- Built in 2024
- Multi-Family
- Freehold
- Natural gas, Central heating Heat
- Central air conditioning
Property Details
Size & Land
Building Features
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.
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