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