502 58th Ave SW - Apartments FOR SALE


Calgary, AB T2V 0H6- Chinook
$8,100,000 CAD
587-332-1100
502 58th Ave SW, Calgary, AB for Sale
$8,100,000 CAD
Apartments - FOR SALE
1/3
null | 4.34% Cap Rate

502 58th Ave SW
Calgary, AB T2V 0H6
Chinook


OVERVIEW

Positioned within Calgary’s highly desirable Windsor Park neighbourhood, Southridge Place offers investors the opportunity to acquire a 32-unit apartment property in one of the city’s most established and transit-connected residential corridors. The property’s strategic location provides immediate access to major transportation routes, employment centres, retail amenities, and public transit, creating long-term appeal for both tenants and investors. Residents benefit from walking-distance access to Chinook Centre, grocery stores, restaurants, medical services, recreation facilities, and the Chinook LRT Station, offering direct connectivity to Downtown Calgary, SAIT, the University of Calgary, and major employment nodes throughout the city. The surrounding area continues to attract a diverse tenant base including young professionals, families, students, and downsizers seeking convenient urban living with access to shopping, employment, and transportation options. Windsor Park’s mature character, established amenities, and central location continue to support strong occupancy levels and stable rental demand.

FOR SALE DETAILS

PRICE

$8,100,000 CAD

PRICE/SF

$275 CAD /SF

# OF UNITS

32

PRICE/UNIT

$253,125

CAP RATE

4.34%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1968

PARKING SPACES

32

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Harvey RussellNAI AdventMore Info
587-332-1100

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Harvey RussellNAI AdventMore Info
587-332-1100

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