For Sale: 1809 5 Street SW, Calgary, AB - REW
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$7,750,000
0 bd • ba • 29968 sf • Multifamily
1809 5 Street SW
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$7,750,000
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1809 5 Street SWCalgary, AB, T2S 2A8

Cliff Bungalow
  • 0 Bed
  • Bath
  • 29968 Sqft
  • Multifamily

About this home

Real Estate is all about location and this building is located in one of the very best rental locations in Calgary. The building is a short walk to all of the amenities in Mission and 17 Ave SW.. Tenants can easily walk to work or their favorite shops and restaurants. The original owner of this concrete and brick building has done an outstanding job of maintaining and upgrading this property over the years. The building is well organized and well operated. There have been numerous upgrades in the property in the past few years, including a new elevator, a new make up air system, plumbing and heating upgrades as well as refreshing units when units were being turned over. The property is currently operated as a building for low income seniors and the owner have decided to move in a different direction and sell the property. The above ground floors have a sitting area for tenants to enjoy at their leisure if they wish to visit amongst themselves. The existing vacant units and any upcoming vacant units will be available to the new owners to rent as they choose. The Villa has a large amount of community activity space in the lower level, for gatherings, plus a games room, a boardroom, and office. There are 6 parking stalls at the rear of the building and 10 more parking stalls (1715 5th St SW) north of the building on a titled lot. The new owner can move the rents to market levels and enjoy this excellent investment for many decades. (id:63626)
Listed by: Mike Fleming, Broker of Record, Michael Fleming Realty Corp.

Home facts and features

Price details
List Price
$7,750,000
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Gross Taxes for 2025
$23,649
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
30 ft x 0 ft (11495 ft²)
Depth
Frontage
30.48 meters
Year Built
Built in 1973 (53 yrs old)
Title
Freehold
Community
Agent details
Primary Agent
Mike Fleming
Primary Broker
Michael Fleming Realty Corp.
Secondary Agent
Phil Haugen
Secondary Broker
Michael Fleming Realty Corp.
Listing details
Days on REW
322 Days
Property Views
266
MLS® Number
A2241961
Source
Canadian Real Estate Association
Board
Calgary Real Estate Board
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25 Years
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3.99%

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Property Insights

Western Canada High School
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Montessori School Of Calgary
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Our Lady Of Lourdes School
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St. Monica School
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St. Mary's High School
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Earl Grey School
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The School Of Alberta Ballet
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Connaught School
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Red Deer Lake School
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Rideau Park School
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Call Agent
Mike Fleming
Phone:
(403) 863-7217
Office:
403-208-3500
Phil Haugen
Phone:
(403) 465-0047
Office:
403-208-3500
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