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Serving Calgary and Surrounding Areas!
(403) 256-3888
Listing Presented by Dianne L Brown with RE/MAX Landan Real Estate 
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Contact:Dianne L Brown
RE/MAX Landan Real Estate
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MLS®#: C4143336 $2,350,000 1518, 1520, 1522 16 Avenue CALGARY AB T3C 0Z8
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Description: Tremendous Sunalta opportunity. One-owner assembly of 3 properties. REDEVELOP: ~11,375 sq. ft. (87.5 x 130) MC-2 parcel allows ~28,450 buildable sq. ft. up to 16m high. Ideal for multi-family / townhomes with density rezoning potential. Lot depth allows great surface parking or easy access for underground. HOLD: Both conventional & short-term furnished rentals (AirBNB) generate substantial revenue. Conventional units have zero-vacancy track record w/ long-term tenants in place. Well-appointed short-term spaces provide large-group stay potential and are in high demand w/ income besting conventional rentals. Prime location for tenants and tourists. A block off 17th Ave shopping / entertainment / restaurant corridor. Easy D/T access, close to major driving routes & a short walk to the LRT. Recent upgrades: kitchens, bathrooms, paint, refinished wood floors, laundry for each unit, newer windows with screens on all opening windows, landscaping and more to combine all modern amenities w/ historic charm.
Property Type:
COMMERCIAL
Property Sub-Type:
Multi Unit
Area:
Calgary
Square Feet:
11375
Year Built:
1912
Age:
106
Neighborhood:
SUNALTA
Zoning:
Zone CC
Community Name:
Sunalta
Listing Provided By:
RE/MAX LANDAN REAL ESTATE
Dianne L Brown