JN REAL ESTATE GROUP

West Hillhurst

FOR SALE

$1,988,000

PURCHASE PRICE

2226 Westmount Road NW, Calgary · T2N 3N4

MULTI FAMILY · BUILT 2022

MLS A2314809 · 93 DAYS ON MARKET

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JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

INVESTMENT OPPORTUNITY – WEST HILLHURST | An exceptional opportunity to acquire a distinctive five-unit inner-city property situated on a 5,276 sq. ft. rectangular lot along Westmount Road NW, backing onto Kensington Road and conveniently positioned between 21 Street NW and 22 Street NW. The property offers a unique combination of residential accommodation, underground parking and quality construction, with approximately 2,483 sq. ft. of living space in the principal three-storey residence, together with four additional self-contained apartment-style units at the rear of the property. The principal residence extends over three levels and offers a flexible and distinctive floor plan. The second level features a large open area currently designed as a ballroom/dance floor, complete with a two-piece washroom, providing excellent potential for entertainment, studio, recreational or other flexible uses. The third level includes a spacious primary bedroom together with two additional den/flex rooms. The four rear residential units consist of: Two one-bedroom units of approximately 519 sq. ft. and 555 sq. ft. | Two two-bedroom units of approximately 693 sq. ft. and 695 sq. ft. | A significant feature of the property is the approximately 3,334 sq. ft. underground parkade, providing six parking stalls and storage lockers—a valuable amenity for an inner-city multifamily property. Outdoor amenities include a shared deck area connecting the principal residence with the apartment component, together with a raised wooden deck serving the upper apartment units. The property has been constructed and finished to a standard consistent with quality inner-city residential development. Notable features include a combination of in-floor heating and high-velocity forced-air systems, enhanced exterior wall construction designed to improve sound attenuation and thermal insulation, and rooftop solar panels with the ability to return generated electricity to the grid. With its desirable inner-city location, diverse unit mix, underground parking and distinctive construction features, this property presents an attractive opportunity for an investor, owner-occupier or purchaser seeking a unique multifamily income-producing asset.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Multi Family
YEAR BUILT
2022

PARKING

TOTAL PARKING
6

LOT & EXTERIOR

LOT SIZE (SQFT)
4,434
LOT SIZE (ACRES)
0.1

COMMUNITY

COMMUNITY
West Hillhurst
ZONING
M-C1
POSTAL CODE
T2N 3N4

UTILITIES & COSTS

ANNUAL TAXES
$12,546

LISTING COURTESY OF PAUL RAMIKIE · REAL BROKER

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.