1334-1340 12 Ave SW - Apartments CONDO FOR SALE


Calgary, AB T3C 3R9- North Hill/Downtown/Beltline
$564,000 CAD
403-802-6766
1334-1340 12 Ave SW, Calgary, AB for Sale
$564,000 CAD
Apartments CONDO - FOR SALE
1/15
386-552 SF | 8.5% Cap Rate

1334-1340 12 Ave SW
Calgary, AB T3C 3R9
North Hill/Downtown/Beltline


HIGHLIGHTS

  • • High-visibility frontage along 12 Avenue SW in the Beltline district
  • • Two fully contiguous ground-floor units positioned for retail or service use
  • • Immediate access to multiple bus routes and walking proximity to Sunalta LRT Station
  • • Surrounded by residential density and new mixed-use development projects
  • • Close to dining, retail services, and downtown Calgary core
  • • On-site and additional street parking options available in the vicinity

OVERVIEW

This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.

FOR SALE DETAILS

PRICE

$564,000 CAD

CAP RATE

8.5%

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Ravenwood

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

73,176 SF

STORIES

8

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

CC-X

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Blair MastinAvenue CommercialMore Info
403-802-6766

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Blair MastinAvenue CommercialMore Info
403-802-6766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.