$1,350,000

Commercial For Sale In Bowness, Calgary, Alberta

$1,350,000

Property Information:

5 Unit Multi Family Townhome Building for Sale in Prime Bowness Location A rare opportunity to own a well maintained5 unit townhome building in the heart of Bowness, one of Calgary’s most desirable and vibrant communities. Location is everything when itcomes to a rental property, and this one delivers. Situated within walking distance to transit, shopping, daycare, all levels of public schools,local pubs and parks, including the much loved Bowness Park. It is just a short drive to major shopping centre's of Market Mall andCrowfoot Centre, 6 minutes to WinSport/C.O.P., 18 minutes to Downtown Calgary, and just over an hour to Banff. All tenants are currentlyon month-to-month leases and have been long term occupants, providing stability with the flexibility to adjust rents. There’s strongpotential to increase the cap rate through rental rate adjustments. This is an ideal property for both a first time or seasoned investorslooking for a solid income generating asset in a sought after area with excellent growth potential.

Inclusions: 5 Fridges, 5 Stoves, 5 Washing machines, 5 Dryers

Property Features:

  • Built in: 1978
  • Floor Space (approx): 4451.00 Square Feet
  • Zoning: M-C1
  • No. of Parking Spaces: 5

Courtesy of: CIR Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
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