JN REAL ESTATE GROUP

Bowness

FOR SALE

$1,800,000

PURCHASE PRICE

4627 73 Street NW, Calgary · T3B 2N7

MULTI FAMILY · BUILT 1992

MLS A2332521 · 43 DAYS ON MARKET

Interested in this commercial property?

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

Fully renovated six-unit townhouse complex directly across from Bowness High School, now 100% occupied. Each unit is a 3-bedroom townhouse with undeveloped basement. Condo-titled structure. Currently renting at $1,800/month per unit, well below market rate supported by CMHC comps and current listings. With five of six leases expiring or renewing through 2027, there is a clear path to market-rate rents. The property was recently renovated back to the studs with no immediate capital expenditure required. Mortgage assumption at 4.7% fixed through June 2033 is required. Individual units are currently selling for much higher, and buyer could sell off individually at end of mortgage term to realise significant profit. Great buy and hold property. Financials and brochure available on request. Tours with an accepted offer.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Multi Family
YEAR BUILT
1992

COMMUNITY

COMMUNITY
Bowness
ZONING
M-C1
POSTAL CODE
T3B 2N7

UTILITIES & COSTS

ANNUAL TAXES
$12,504

LISTING COURTESY OF ROBIN TUCK · KPLI REAL ESTATE CORPORATION

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