South Calgary - SW Calgary Real Estate
South Calgary is served by bus routes 7 and 107, with stops at 17th Avenue and 14th Street, as well as 3rd Avenue S and 20th Street.
Parks & Recreation
What all is there to do in South Calgary? Quite a bit, including enjoying an outdoor swimming pool, the South Calgary Park with its two softball diamonds and tennis courts, and a community hall.
When it comes to shopping in South Calgary, the Marda Loop can't be beat. A collection of unique boutiques makes up this shopping center and distinguishes it from all the big-box shopping malls of the city. Formerly a sleepy and older community, this area is now becoming vibrant, young and hip. It's the place to be, not just the place to shop.
● William Reid School
● Mount Royal Junior High
● Western Canada High
Houses of Worship
● Altadore Baptist Church
● Grace Lutheran
● Bethany Chapel
● Anglican Church of Canada
South Calgary - SW Calgary MLS® System Listings
1610 28 Avenue SW - MLS® # A1025880
- Property Value $1,799,000
- Lot Size Area 10925.0 sqft
- Type Multi Family (Commercial)
- Year Built 1960
5% CAP RATE IN THIS MARKET! SELLER WOULD ENTERTAIN UP TO A 10% VENDOR TAKE BACK. Potential to bump up rents - THIS PROPERTY GENERATES $9630.00/month!! 9 units(6-1beds and 3-2beds) with a massive 1400 square foot unit that used to be the owner's suite. Roof, Windows and Boiler all renovated within the last 8 years. Also great opportunity for redevelopment down the road as it sits on a whopping 87.5 x 125 foot lot with a MC-1 zoning. 9 Parking stalls plus a garage for additional revenue. Opportunities like this rarely come on the market - great cash flow for holding or renovate/flip/bump up cash flow and potential re development. Please see below for breakdown of expenses: $760/month - property taxes $404.37/month - insurance (probably can be lowered, current owner probably paying double what he should) $900/month - main area utilities/Enmax $160/month - waste disposal Total NOI: $7,405.63/month or $88,867.56 Annually
1610 28 Avenue SW, Calgary
Listing Provided By
RE/MAX HOUSE OF REAL ESTATE
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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®.