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1516 29 Avenue SW, Calgary, AB, T2T 1M3

MLS® # A2131438
Investment For Sale In South Calgary, Calgary, Alberta
$1,325,000
1516 29 Avenue Sw, Calgary, AB - Outdoor With Exterior
1516 29 Avenue Sw, Calgary, AB - Indoor
1516 29 Avenue Sw, Calgary, AB - Outdoor
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Living Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Living Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bedroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bedroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bedroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bedroom
1516 29 Avenue Sw, Calgary, AB - Indoor
1516 29 Avenue Sw, Calgary, AB - Indoor
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Outdoor
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bathroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen With Double Sink
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bathroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Outdoor With Exterior
1516 29 Avenue Sw, Calgary, AB - Outdoor
1516 29 Avenue Sw, Calgary, AB - Outdoor With View
1516 29 Avenue Sw, Calgary, AB - Outdoor With View
1516 29 Avenue Sw, Calgary, AB - Outdoor With View
1516 29 Avenue Sw, Calgary, AB - Outdoor With View
1516 29 Avenue Sw, Calgary, AB  - Outdoor With Exterior
1516 29 Avenue Sw, Calgary, AB  - Indoor
1516 29 Avenue Sw, Calgary, AB  - Outdoor
1516 29 Avenue Sw, Calgary, AB  - Indoor Photo Showing Living Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Living Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bedroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bedroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bedroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bedroom
1516 29 Avenue Sw, Calgary, AB - Indoor
1516 29 Avenue Sw, Calgary, AB - Indoor
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Outdoor
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bathroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen With Double Sink
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Kitchen
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Bathroom
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Indoor Photo Showing Other Room
1516 29 Avenue Sw, Calgary, AB - Outdoor With Exterior
1516 29 Avenue Sw, Calgary, AB - Outdoor
1516 29 Avenue Sw, Calgary, AB - Outdoor With View
1516 29 Avenue Sw, Calgary, AB - Outdoor With View
1516 29 Avenue Sw, Calgary, AB - Outdoor With View
1516 29 Avenue Sw, Calgary, AB - Outdoor With View
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ACTIVE
1516 29 Avenue SW, Calgary, AB, T2T 1M3
$1,325,000

Property Information:

INVESTOR 4 plex with prime inner city location for future land appreciation to add to your investment return. Current REVENUE of $73,200/year in a inner city LOCATION with quick access to downtown and the popular Marda loop community. Three 2 bedroom suites plus a 1 bedroom suite. Front entrance main level has two 2 bedroom units, Rear entrance has a walk out basement access for the 2 lower level units. Double garage with lane access. The current increasing demand for rentals offers the opportunity to increase the current income from $73,200/year.

Inclusions: 4 stoves, 4 refrigerators, washer and dryer

Building Features:

  • Total Finished Area: 1650.00

Property Features:

  • Architectural Style: 2 Storey, Up/Down
  • Built in: 1951
  • Floor Space (approx): 1650.00 Square Feet
  • Levels: Two
  • Lot Size: 6275.00 Square Feet
  • Zoning: M-C1 d75

Courtesy of: MaxWell Capital Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 1516 29 Avenue SW, Calgary, AB, T2T 1M3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

29 hot days expected in 2050

Projected Storm Risk: Significant

11 storms expected in 2050

Projected Heat Risk: High

29 hot days expected in 2050

40/100

High

ClimateCheck®

Current data

This property, 1516 29 Avenue SW, experiences 7 hot days per year at around 29.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 33.1 degrees Celsius.

Projected Avg. Temperature

Past
29.1℃
2050
33.1℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

11 storms expected in 2050

22/100

Significant

ClimateCheck®

Current data

This property, 1516 29 Avenue SW, experiences 10 significant 2-day storms per year, with about 201.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 214.6mm of precipitation per year.

Precipitation Per Storm

Past
201.1mm
2050
214.6mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1516 29 Avenue SW, Calgary, AB, T2T 1M3

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$145,312.91

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.78 %

High school certificate or equivalent

22.11 %

Apprenticeship trade certificate/diploma

5.31 %

College/non-university certificate

18.35 %

University certificate (below bachelor)

2.16 %

University Degree

42.29 %

Commuter

Travel To Work

By Car

78.25 %

By Public Transit

10.65 %

By Walking

5.15 %

By Bicycle

0.82 %

By Other Methods

5.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

65.46 %

Houses

34.54 %

Own Vs. Rent