Zen Lofts - This is the sale of all 16 units in Condominium Plan 0611694. There are 10 studio units and 6 1BR units. 3 units are currently operating as short term rentals (STR). All furniture, owned by the Seller, is included in the sale of the property. The building had been renovated as a condo conversion and had been operated as a short term rental building. This has an excellent walking score and is within a few minutes of shops, services and restaurants in the Mission area, and 17th Ave SW. All tenants - (other than the 3 STR units) pay for their own electricity. New EPDM roof in 2020. The existing mortgage must be assumed. See Supplements for details. OFFERS SUBJECT TO VIEWING
Essential information
MLS® number
A2352081
Status
Active
Price
$3,200,000
Property type
Commercial
Type
Multi Family
Transaction
For Sale
Restrictions
None Known
Building area
11,652 sq ft
Lot size
6,512 sq ft
Year built
1964
Structure
Low Rise (2-4 stories)
Listing brokerage
Michael Fleming Realty Corp.
Source
Pillar 9™ MLS® System
Interior
Heating
Baseboard, Boiler, Natural Gas
Included
All furniture owned by the Seller
Exterior and construction
Construction
Brick, Wood Frame
Roof
Rolled/Hot Mop
Foundation
Poured Concrete
Lot features
Back Lane, City Lot
Frontage
15.22M 49`11"
Zoning
CC-MH
Parking
Total parking
8
Services
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water
Public
Community
City
Calgary
Province
AB
Postal code
T2R 0R3
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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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10 photos$3,255,000728 14 Avenue SW, Calgary
