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905 Mckinnon Drive NE, CALGARY
2024-05-08
Quick Summary
- Location
- 905 Mckinnon Drive NE, CALGARY, Alberta T2E6A6
- Price
- $2,600,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 7083ft2
- Year of Construction:
- 2010
MLS®#A2123733
Property Description
Built in 2010, this is a superior building in both quality and design throughout. Offering 5 premium two-bedroom units and a 6th office/boardroom space of approx. 700 SqFt (that could be converted to a large studio 1 bedroom suite), this corner lot building sides on to an alley and back feeder lane, has dedicated parking stalls, and a garage for the luxury oversized owners suite - which occupies the majority of the top floor. Beautiful aesthetics include stucco finish with stone and wood accents, multi-chambered pvc windows and thoughtful landscaping including a stamped concrete walkway to the covered entrance. Current design allows for top floor owner suite with adjacent private office space, or slight redesign the office to generate more tenant revenue which could easily command an additional $1500/mo. Two walkout units enjoy large windows and generous proportions with 9ft ceilings. The main floor units, with 8ft ceilings, offer slightly higher specifications, with engineered flooring and fireplace(s). The 2nd level 'owners' suite is very well appointed with PRIVATE ELEVATOR to the garage, 2bds and an additional flex room, granite countertops, vaulted ceilings and substantial windows, offering excellent views of the west rear exposure to the mountains. All units have central A/C. Located in the established and stable community of Mayland Heights, near schools, just west of Barlow Trail and 5Kms from the International Airport. With property values and rents increasing due to unprecedented demand, this premium building is both underutilized and could easily benefit from significantly updated rents. Operating expenses of approx. $53000 and total income possible from $145000 to $185000, this is an excellent stable & enduring value for the discerning investor. Proforma attached in supplements along with building drawings, RPR etc. Rents are slowly being increased as they have been under market rates, and are being brought into more appropriate rates. Flexible possessio n is available with leases assumed. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Stone, Stucco
- Fireplace: No
- Interior Size: 7083 sqft
- Building Type: Multi-Family
Land
- Land Size: 677 m2|7,251 - 10,889 sqft
Ownership
- Type: Freehold
Zoning
- Description: M-C1
Information entered by Sotheby's International Realty Canada
Listing information last updated on: 2024-10-24 15:06:46
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April Isaac Associate
- Phone:
- 403-888-4003
- Email:
- aprilonepercent@gmail.com
- Support Area:
- CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON
20 YRS EXPER, 1000+ SALES, marketing savvy, people savvy. 100'S OF HAPPY CUSTOMERS, DOZENS UPON DOZ ...
Full ProfileAimee Wong Associate
- Phone:
- 403-540-6792
- Email:
- aimee@calgaryhomerealty.ca
- Support Area:
- Calgary, Greater Calgary Area, Airdrie, Chestermere, Okotoks, Langdon, Cochrane, Rural Rocky View, Red Deer County, Red Deer, Diamond Valley, Didsbury, Carstairs, Crossfield
My education is in the art of communication, marketing, and design. Before becoming an agent, I sp ...
Full ProfileAnna Madden Associate
- Phone:
- 587-830-2405
- Email:
- anna.madden05@gmail.com
- Support Area:
- Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills
Experienced Residential Realtor serving Calgary and surrounding communities. I have knowledge in buy ...
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