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Mission - SW Calgary Real Estate


Established in 1900, Mission is a beautiful community which is bordered entirely on its eastern and southern side by the Elbow River --- a rare characteristic for any community in Calgary. The northern border of the community consists of 17th Avenue SW, while the western is formed by 4th Street SW. Home prices generally range in the $600s in this community, which has 3,177 residences in total and a population, declining year over year, of 4,325 as of 2012.

Transit
Bus route 403 handles runs nearby. Easily accessible CTrain routes are located close by as well on 7th Avenue SW.

Parks & Recreation
The history of Mission is much more interesting than most Calgary communities. It was first founded as a Catholic mission, for example -- it's name is not simply given by a builder. The community is located close to Reader Rock Gardens, but parks and other outdoor space isn't the hallmark of Mission; rather, 4th Street, which makes up its western border, is the focal point. This area isn't just popular with community residents, but Calgary as a whole. Also more interestingly, dining -- not shopping -- is the focus of 4th Street, since it has over 35 restaurants.

Schools
● Earl Grey School
● Mount Royal Junior High
● Western Canada High School
● St. Mary's High School

Houses of Worship
● Knox United Church
● Calgary Standard Wesleyan Church
● Cathedral Church of the Redeemer
● First Baptist Church

Mission - SW Calgary MLS® System Listings



111 23 Avenue SW - MLS® # A2110512

111 23 Avenue SW - MLS® # A2110512
  • Property Value $2,500,000
  • Lot Size Area 6501.0 sqft
  • Type Multi Family (Commercial)
  • Year Built 1971

Description

Discover a rare gem in the heart of Mission at 111 23 Ave SW—a meticulously maintained 11-unit building mere steps from the tranquil Elbow River. Boasting a mix of 3 two-bedroom units and 8 one-bedroom units, this property presents a diverse rental income stream, currently yielding $14,535 along with additional laundry income of approximately $200 per month. Nestled in a vibrant community, residents enjoy easy access to an array of amenities, including trendy cafes, boutique shops, and scenic parks. The serene ambiance of the Elbow River pathway offers a peaceful retreat for leisurely strolls or outdoor activities. Experience peace of mind knowing that this building has been lovingly cared for, with all units undergoing renovations during vacancies between tenants. Recent upgrades, including new windows and patio doors installed in 2021, along with parkade enhancements, fresh exterior stucco, and a new roof in 2022, ensure modern comfort and aesthetic appeal. Furthermore, critical infrastructure updates, such as the replacement of the boiler system and hot water heater in 2013, speak to the property's enduring value and reliability. Don't miss this exceptional investment opportunity in one of Calgary's most sought-after neighborhoods. Schedule a viewing today to witness the true potential of this remarkable property.

111 23 Avenue SW, Calgary

Listing Provided By

Hope Street Real Estate Corp.

Last Updated

2024-04-10 09:40

Send us your questions about this property and we'll get back to you right away.

  • Security Code
111 23 Avenue SW - MLS® # A2110512

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** The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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