1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
1426 23 AVE NW, Calgary, AB T2K 1M5
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$ 18,000,000
Est. payment | /mo

32,507 SqFt


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$ 18,000,000
Est. payment | /mo
Save

32,507 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 32,507 sqft

Price per Sqft $553

Subdivision Capitol Hill

MLS® Listing ID A2284605

Style 2 Storey

Year Built 2020

Annual Tax Amount $77,191

Tax Year 2025

Lot Size 0.746 Acres

Acres 0.75

Property Sub-Type Row/Townhouse

Source Calgary

Property Description

Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary's mature, inner-city Capitol Hill community.
For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile).
Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation.
The Property is being offered with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-CG d89

Rooms

Basement None

Interior

Interior Features Double Vanity, Kitchen Island, Open Floorplan, Quartz Counters, Soaking Tub, Vaulted Ceiling(s)

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile, Vinyl Plank

Fireplaces Number 1

Fireplaces Type Circulating, Gas, Living Room

Inclusions Garage door opener, Window coverings,

Appliance Gas Stove, Refrigerator, Washer/Dryer

Exterior

Parking Features Single Garage Attached

Garage Spaces 24.0

Community Features Park, Playground, Pond, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Roof Type Asphalt Shingle

Total Parking Spaces 24

Garage 1

Building

Lot Description Backs on to Park/Green Space, Environmental Reserve, Greenbelt, Near Golf Course

Story 2

Foundation Poured Concrete

Sewer Sewer

Water Public

Architectural Style 2 Storey

Level or Stories Two

Structure Type Brick,Metal Siding

New Construction Yes

Others

Restrictions None Known

Tax ID 101612544

Ownership Private

Listed by Real Broker

NEARBY SCHOOL & BUSINESS

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1426 23 AVE NW