Shag 5 combines thoughtful design with a favorable location within the community of Shaganappi Point. The transit-oriented project is comprised of 10 units and is fully leased.
Fully leased at market rents as of October 2023
9.2% increase in the average effective rent Y-O-Y
Rapidly shrinking vacancies and no provincial
control on rent increase led to the fastest rent growth the metro has seen since 2008.
Total Number of Units 10
Year Built 2022
Parking: 5 covered stalls with ample street parking
Zoning: M-C2
Number of Stories: 2.5
Occupancy: 100%
Financing: CMHC assumable at 4.47% (conditions apply)
Site Area: 712 sm (7672 sqft / 0.071 ha)
Building Footprint: 424 sm ( 4566 sqft )More details
Prime Investment Opportunity in Winston Heights! Calling all savvy investors! Don't miss out on this golden opportunity to expand your portfolio with this exceptional full duplex on a spacious 50x120 lot. Located in one of Calgary's most promising neighborhoods, this property offers two units, each brimming with rental potential. Unit 210 boasts 3 bedrooms on the upper floor, with an additional bedroom on the main floor, offering multiple entrances for added convenience. Meanwhile, Unit 212 features 3 generously sized bedrooms upstairs and 2 bedrooms on the main floor. Both units offer three separate entrances for ease of access. Adding both units, this property is 4712 sqft. Whether you're a seasoned investor looking to diversify your holdings or a newcomer eager to enter the lucrative world of real estate investment, this full duplex in Winston Heights presents a rare chance to secure your financial future. Take advantage of Calgary's thriving real estate market and arrange a viewing with your preferred realtor today to capitalize on this lucrative opportunity!More details
Data was last updated May 20, 2024 at 12:05 PM (UTC)
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