Listing Details

Rare inner-city income property in the heart of Lower Mount Royal. This 10-unit, 3-storey walk-up sits on a 6,500 SF M-C2 zoned lot in one of Calgary's most established and desirable SW neighbourhoods, steps from 17th Avenue, restaurants, transit, and amenities. Built in 1963 and solidly constructed, the building offers a suite mix of 4 one-bedroom and 6 two-bedroom units, with current rents running meaningfully below the immediate neighbourhood market, representing a clear value-add opportunity. The right buyer is one who can acquire without conventional financing constraints, optimize the rent roll over the near term, and hold a well-located inner-city asset in a submarket with genuine long-term demand fundamentals. Financials and rent roll available upon request.