Seize a remarkable venture with this 20-unit condominium building, perfectly positioned for a savvy investor looking for a high-potential, large-scale commercial project. Located just a 30-minute drive from downtown Calgary, this development offers the perfect balance of suburban demand and city accessibility.
The building footprint features an excellent asset mix tailored for high-density rental or resale demand, consisting of 13 one-bedroom units and 7 bachelor suites. Construction is approximately 65% complete, offering a unique advantage for the right buyer to step in, customize the final finishes, and realize substantial equity growth.
Please note that this is a court-ordered sale. There are specific disclosure items associated with the property; interested parties and their representatives are requested to contact the listing agent directly to discuss these details. Don't miss out on this exceptional value-add opportunity in a growing market. ** Please note the building is sold as is where is with out representations or warranties**
Essential information
MLS® number
A2349523
Status
Active
Price
$3,400,000
Property type
Commercial
Type
Multi Family
Transaction
For Sale
Restrictions
See Remarks
Building area
10,806 sq ft
Year built
2025
Structure
Low Rise (2-4 stories)
Listing brokerage
REAL BROKER
Source
Pillar 9™ MLS® System
Interior
Included
The current structure
Exterior and construction
Zoning
2 Residential
Community
Subdivision
HREVE
City
High River
Province
AB
Postal code
T1V 1V4
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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10 photos$3,255,000728 14 Avenue SW, Calgary
