This is the sale of 6 rental units at 4534 and 4536 Stanley Road SW. The lower 2 of the 6 units are illegal/unauthorized units. The property is fully rented and sits on a large MC-1 lot in a very good rental location. The current annual income for the 4 legal suites is $81,600.00. The upper 4 units are an excellent size and layout, and the top floor units have a 10 foot ceiling that makes them seem even more spacious. Located just a block from Macleod Trail SW, and the building is walking distance to the 39 Ave LRT Station and close proximity to beautiful Stanley Park. Parkhill/Stanley Park is a very desirable rental location. Offers subject to viewing.
Essential information
MLS® number
A2350262
Status
Active
Price
$1,375,000
Property type
Commercial
Type
Multi Family
Transaction
For Sale
Restrictions
None Known
Building area
6,302 sq ft
Lot size
6,232 sq ft
Year built
1957
Structure
Other
Listing brokerage
Michael Fleming Realty Corp.
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Included
5 Fridges, 5 Stoves, 5 Washer & Dryers and all appliances & window coverings owned by the Seller.
Exterior and construction
Construction
Stucco, Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
City Lot, Near Public Transit, Street Lighting
Frontage
15.28M 50`2"
Zoning
M-C1
Parking
Total parking
4
Services
Utilities
Electricity Connected, Natural Gas Connected, Garbage Collection, Sewer Connected, Water Connected
Sewer
Public Sewer
Water
Public
Community
City
Calgary
Province
AB
Postal code
T2S2P9
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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22 photos$1,575,0002312 1 Street NW, Calgary
