$3,850,000
$4,199,999
8.3%For more information regarding the value of a property, please contact us for a free consultation.
4,566 SqFt
SOLD DATE : 09/20/2024
Key Details
Sold Price $3,850,000
Property Type Multi-Family
Sub Type Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 4,566 sqft
Price per Sqft $843
Subdivision Shaganappi
MLS® Listing ID A2103420
Sold Date 09/20/24
Style Townhouse
Originating Board Calgary
Year Built 2022
Annual Tax Amount $16,987
Tax Year 2023
Property Sub-Type Row/Townhouse
Property Description
Shag 5 combines thoughtful design with a favorable location within the community of Shaganappi Point. The transit-oriented project is comprised of 10 units and is fully leased.
Fully leased at market rents as of October 2023
9.2% increase in the average effective rent Y-O-Y
Rapidly shrinking vacancies and no provincial
control on rent increase led to the fastest rent growth the metro has seen since 2008.
Total Number of Units 10
Year Built 2022
Parking: 5 covered stalls with ample street parking
Zoning: M-C2
Number of Stories: 2.5
Occupancy: 100%
Financing: CMHC assumable at 4.47% (conditions apply)
Site Area: 712 sm (7672 sqft / 0.071 ha)
Building Footprint: 424 sm ( 4566 sqft )
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C2
Interior
Appliance Range Hood, Refrigerator, Stove(s), Washer/Dryer Stacked
Exterior
Carport Spaces 5
Total Parking Spaces 5
Building
Story 2
Architectural Style Townhouse
Level or Stories 2 and Half Storey
Others
Restrictions Utility Right Of Way
Ownership Joint Venture
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REVIEWS & TESTIMONIALS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
