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Justin Havre

Real Estate Advisor

  • Office 403.217.0003
Questions?

111 23 Avenue Southwest, Calgary, Alberta – $2,350,000

  • $2.4M Price
  • 34 DOM
  • $2.4M Price
  • 34 DOM

111 23 Avenue Southwest

Once in a lifetime opportunity to own this entire 4 story, 11 unit building located in the heart of Mission, just steps away from Elbow River! Hidden amongst the trees and surrounding high-rises, the location of this property is incredibly quiet at the very East end of 23rd Avenue SW. The hustle and bustle of downtown is almost non-existent in this little pocket of the city centre, but restaurants and amenities of Mission and 17th Ave are literally at your doorstep. The building has 3 two bedroom units and 8 one bedroom units. Loved and appreciated by the same owner for the last 20 years and long-term tenants, current rent is below market, but projected monthly rental income is over $12,000. The building sits on a 6501 sqft lot with the potential for redevelopment. Renovations and updates have been made to units on an ongoing basis. The building has also had recent upgrades & improvements to the parkade, and new exterior stucco, windows and patio doors in 2021. The boiler system and Hot water heater were replace in 2013. This property must be seen to realize its true potential and to see how special it really is. Don't miss out on this opportunity - call today! The roll roll and borchure are in the supplements.

Essential Information

  • MLS® #A1238944
  • Price$2,350,000
  • Bathrooms0.00
  • Lot SQFT6,501
  • Year Built1971
  • TypeCommercial
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address111 23 Avenue Southwest
  • SubdivisionMission
  • CityCalgary
  • ProvinceAlberta
  • Postal CodeT2S 0H9

Amenities

  • Parking Spaces11

Interior

  • HeatingBoiler, Natural Gas
  • CoolingNone

Exterior

  • RoofFlat
  • ConstructionBrick, Stucco, Wood Frame
  • FoundationPoured Concrete
  • Frontage Metres15.24M 50`0"

Lot Description

Back Lane, City Lot, Low Maintenance Landscape, Level, Street Lighting, Paved, Treed

Site Influence

Back Lane, City Lot, Low Maintenance Landscape, Level, Street Lighting, Paved, Treed

Additional Information

  • ZoningDC pre 1P2007

Listing Details

  • OfficeHOMECARE REALTY LTD.

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I acknowledge and authorize calgaryhomes.ca and Justin Havre of RE/MAX First to refer me to a suitable agent(s) in a home purchase, sale and/or mortgage approval. In such case, I also acknowledge and authorize that the referred agent(s) may pay a referral fee. (This does not constitute a formal buyers brokerage agreement nor compel me to use the referred agent(s)). My information will not be disclosed to any party in any way not associated with the Privacy Policy.

HOMECARE REALTY LTD..

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Listing information last updated on August 16th, 2022 at 4:15pm MDT.

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