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$2,924,400
Est. payment /mo
4,497 SqFt
Open House
Sat May 02, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,497 sqft
Price per Sqft $650
Subdivision Eau Claire
MLS Listing ID A2304374
Year Built 2024
Property Sub-Type Multi Family
Property Description
Turnkey Investor Package #2 at First & Park,a premium opportunity to secure a strategic multi-unit portfolio in one of Calgary's most desirable riverfront communities. Completed in 2024,this boutique concrete development offers strong fundamentals for investors seeking stable long-term rental income and appreciation in a supply-constrained inner-city location.
Purpose-built for scalability,this package features a high-performing mix of larger layouts,including 2 Bed,2 Bed + Den configurations,ideal for maximizing rental income and attracting quality tenants.
This package includes:
Unit 1301 (D1) – 2 Bed,1 Bath | North Exposure | 571 SQFT
Unit 713 (D5) – 2 Bed,2 Bath | North Exposure | 715 SQFT
Unit 813 (D5) – 2 Bed,2 Bath | North Exposure | 715 SQFT
Unit 302 (E1) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
Unit 408 (D2) – 2 Bed + Den,2 Bath | South West Exposure | 774 SQFT
Unit 208 (E1-2) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
This diverse unit mix provides exposure to higher rental brackets,making it ideal for professionals,roommates,and executive tenants seeking proximity to downtown and lifestyle amenities. Larger floorplans with dens add flexibility for work-from-home tenants,further enhancing rental demand.
Currently,the building permits long-term rentals only,creating a stable investment environment with predictable income and reduced turnover risk.
Each unit is backed by a 5-Year New Home Warranty,offering peace of mind and reduced maintenance concerns for investors.
Located steps from the Bow River pathway system,Prince's Island Park,and Eau Claire,First & Park delivers unmatched lifestyle appeal. Residents enjoy immediate access to downtown offices,transit,restaurants,and Calgary's top recreational amenities,a key driver for sustained rental demand.
Building features include:
Concierge service
Fitness centre & yoga studio
Owner's lounge & co-working spaces
Heated underground parking & EV readiness
Secure bike storage
This is a rare opportunity to acquire scale in a prime location,combining larger,high-demand layouts with strong long-term growth fundamentals.
Investor Package #2 offers size,versatility,and location,a high-quality addition to any real estate portfolio in Calgary's core.
Purpose-built for scalability,this package features a high-performing mix of larger layouts,including 2 Bed,2 Bed + Den configurations,ideal for maximizing rental income and attracting quality tenants.
This package includes:
Unit 1301 (D1) – 2 Bed,1 Bath | North Exposure | 571 SQFT
Unit 713 (D5) – 2 Bed,2 Bath | North Exposure | 715 SQFT
Unit 813 (D5) – 2 Bed,2 Bath | North Exposure | 715 SQFT
Unit 302 (E1) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
Unit 408 (D2) – 2 Bed + Den,2 Bath | South West Exposure | 774 SQFT
Unit 208 (E1-2) – 2 Bed + Den,2 Bath | North East Exposure | 861 SQFT
This diverse unit mix provides exposure to higher rental brackets,making it ideal for professionals,roommates,and executive tenants seeking proximity to downtown and lifestyle amenities. Larger floorplans with dens add flexibility for work-from-home tenants,further enhancing rental demand.
Currently,the building permits long-term rentals only,creating a stable investment environment with predictable income and reduced turnover risk.
Each unit is backed by a 5-Year New Home Warranty,offering peace of mind and reduced maintenance concerns for investors.
Located steps from the Bow River pathway system,Prince's Island Park,and Eau Claire,First & Park delivers unmatched lifestyle appeal. Residents enjoy immediate access to downtown offices,transit,restaurants,and Calgary's top recreational amenities,a key driver for sustained rental demand.
Building features include:
Concierge service
Fitness centre & yoga studio
Owner's lounge & co-working spaces
Heated underground parking & EV readiness
Secure bike storage
This is a rare opportunity to acquire scale in a prime location,combining larger,high-demand layouts with strong long-term growth fundamentals.
Investor Package #2 offers size,versatility,and location,a high-quality addition to any real estate portfolio in Calgary's core.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning DC (pre 1P2007)
Direction SW
Interior
Heating Central, Natural Gas
Cooling Central Air
Inclusions For each unit: Built-In Oven, Dishwasher, Gas Cooktop, Range Hood, Refrigerator, Washer/Dryer, Key Fob(s), Door Key(s)
Fireplace No
Exterior
Roof Type Tar/Gravel
Garage No
Building
Lot Description Near Public Transit, Paved, Views
Dwelling Type High Rise (5+ stories)
Foundation Poured Concrete
Others
Restrictions Utility Right Of Way
Read Less Info
Listed by RE/MAX Complete Realty
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