215 15th Ave SE - Apartments FOR SALE


Calgary, AB T2G 1G4- North Hill/Downtown/Beltline
$3,750,000 CAD
587-327-0213
215 15th Ave SE, Calgary, AB for Sale
$3,750,000 CAD
Apartments - FOR SALE
1/7
null | 5.17% Cap Rate

215 15th Ave SE
Calgary, AB T2G 1G4
North Hill/Downtown/Beltline


HIGHLIGHTS

  • Beltline Terrace is surrounded by some of Calgary's most significant recent development activity.
  • The W Hotel & Residences brings a flagship luxury hospitality and residential brand to the neighbourhood.
  • irectly across the street, the new Scotiabank Stadium is currently under construction, a major sports and entertainment venue set

OVERVIEW

A fully renovated, turnkey 16-unit residential building in Calgary's Beltline, 215 15 Avenue SE offers in-place income, below-market assumable financing, rent-controlled cash flow under the MLI Select program, and long-term development optionality including potential air rights.

FOR SALE DETAILS

PRICE

$3,750,000 CAD

PRICE/SF

$475 CAD /SF

# OF UNITS

16

PRICE/UNIT

$234,375

CAP RATE

5.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beltline Terrace

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,246 SF

ZONING

CC-X

APN/PARCEL ID

068197003

ASK ABOUT THIS PROPERTY

Robin TuckKPLI Real Estate CorporationMore Info
587-327-0213

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Robin TuckKPLI Real Estate CorporationMore Info
587-327-0213

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