Discover an extraordinary opportunity to secure a premier investment property, meticulously crafted by MCA Construction Group and nestled in the vibrant community of Bowness, Calgary. This investment gem stands as a beacon of potential in one of Calgary's most promising locales, offering a seamless blend of quality, location, and strong future returns. Boasting an enviable position, this property places tenants within easy reach of Calgary's key attractions and institutions. It's a mere 6-minute journey from the serene Bowness Park, 8 minutes from the bustling Market Mall, and within a 10-14 minute radius from esteemed educational institutions such as the University of Calgary, Ambrose University, and SAIT. It is also in a 10-14 radius of Alberta Children’s Hospital and Foothills Hospital. This strategic location underscores the unparalleled appeal of this investment. This turnkey property is a rare find, presenting a unique opportunity to invest in a brand-new construction designed to attract premium rental returns. Additionally, the potential to leverage the CMHC Select Financing program offers an enticing avenue to finance your investment under exceptionally attractive terms, enhancing the financial viability of this venture. We're on hand to provide detailed insights into this advantageous financing option upon request. Spanning almost 9,000 sq ft of sophisticated living space, the property comprises eight units split between four expansive 3-bedroom, 2.5-bathroom upper units (each 1,533 sq ft) and four generous 1-bedroom, 1-bath lower units (each 680 sq ft). Each unit is a testament to modern design and convenience, featuring in-suite laundry, with the lower units also offering in-suite bike parking. These units have been thoughtfully designed to cater to the high-end rental market, ensuring a desirable living experience for tenants and a lucrative investment for you. To further streamline your investment, property management services are available at a preferential rate exclusively for this project, should you require them. Embrace the chance to be part of Bowness's growth story with this standout investment property. Your pathway to securing substantial returns in the vibrant heart of Calgary begins here.More details
Attention Developers and Investors! This rare property is now available, offering a prime revenue source or a future development site. Both sides of the duplex, #37 and #41, are being sold simultaneously, each with its own title. Situated on a lot measuring 50 feet wide by 137 feet deep with convenient back lane access, this property presents an excellent investment opportunity. Additionally, the neighboring property, #43, is also available, providing a developer the chance to acquire 100 feet of unobstructed views of downtown and the Stampede grounds – perfect for watching fireworks during Stampede. The first side of the duplex boasts a north-facing living room, allowing residents to soak in the stunning views. It features a cozy gas fireplace, a spacious dining area, and a well-appointed kitchen. The primary bedroom has been extended by removing a wall to a second bedroom, creating a charming nighttime reading area. This floor is completed by a second bedroom, a four-piece bathroom, and a convenient laundry area. The developed basement offers a large family room, an additional bedroom or office space, and ample storage and workspace for the handyman. Whether you choose to keep the basement as is or renovate to suit your personal needs, this area provides significant potential. The backyard features a south-facing deck, ideal for enjoying a glass of wine on summer nights. Additionally, the heated double detached garage provides plenty of space for cars or hobbies. The second side of the duplex is an excellent rental property, featuring a spacious living room, an open kitchen, and three bedrooms all on the main level. A four-piece bathroom completes this floor. The unfinished basement presents an opportunity to design and build according to your needs. Outside, a south-facing deck offers a pleasant space for summer relaxation, and a storage shed provides a place for all your gardening supplies. Don't miss out on this rare opportunity to invest in a property with immense potential. Whether you're looking to generate revenue or develop a site with stunning downtown views, this duplex, along with the adjacent property, offers endless possibilities.More details
Data was last updated June 16, 2024 at 12:05 AM (UTC)
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