We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
1324 1 Street SW, CALGARY
2025-12-10
Quick Summary
- Location
- 1324 1 Street SW, CALGARY, Alberta T2R0V7
- Price
- $4,300,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 6340 sqft
- Year of Construction:
- 1909
MLS®#A2270933
Property Description
This heritage building is property tax exempt! You pay NO property tax. A rare opportunity to own a beautiful 22-unit heritage building in the Beltline that has been restored. Built in 1909, it was extensively renovated in 2014 with everything done up to code, it’s turn-key. Major upgrades in 2014 include brand new electrical, plumbing, sprinkler system, 2 boilers that will last decades, 2 hot water tanks, make up air unit, flooring, kitchens, bathrooms. Roof was done in 2017, with metal and bitumen that will also last decades. There are 24 security cameras throughout the building. Common laundry room with Coinmatic washer and dryer. 2 parking stalls at the back. These units are small, roughly 300sqft each, which makes for affordable rents. Under the CMHC MLI Select program there is excellent leverage available, buildings like this would qualify for a borrower to get into a property with as little as 5% down. Unit mix consists of 1 x 2 bed, 18 x 1 bed, and 3 x bachelor units. It’s designated heritage which means there are grants with the City of Calgary for restoration and rehabilitation that will reimburse you up to 50% of the total approved project cost. *There is a government grant contract in place that requires rents to remain 10% below the CMHC benchmark for the Beltline; however, the rents are already well below that threshold. The new owner must get approved to take over this contract; it goes until 2034. This heritage building has lots of character and is easy to rent, tenants appreciate character buildings and the rents are affordable in the heart of downtown. (id:32467)
Property Features
Building
- Exterior Finish: Brick, Concrete
- Fireplace: No
- Interior Size: 6340 sqft
- Building Type: Multi-Family
Land
- Land Size: 5252.79 sqft|4,051 - 7,250 sqft
Ownership
- Type: Freehold
Zoning
- Description: DC
Information entered by Michael Fleming Realty Corp.
Listing information last updated on: 2025-12-10 18:57:33
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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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
22 YRS EXPER, 1300+ SALES, marketing savvy, people savvy. 100'S OF HAPPY CUSTOMERS, DOZENS UPON DOZ ...
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 ...
Full ProfileDabs Fashola Associate
- Phone:
- 403-619-0621
- Email:
- homesbydabs@gmail.com
- Support Area:
- Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds
REAL ESTATE NEGOTIATION EXPERT (RENE)Your Trusted and Experienced Realtor | Turning Real E ...
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