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$1,399,900

2209 Westmount Road NW, Calgary, AB, T2N 2N5

MLS® # A2278565

Calgary AB, T2N 2N5

MLS® # A2278565

Property Information:

This exceptional investment opportunity is located on one of West Hillhurst’s most desirable streets at 2209 Westmount Road NW. The renovated and updated four-plex is uniquely designed with all suites above grade, featuring two units on the main level and two units on the upper level, maximizing natural light and tenant appeal. The property spans three residential lots with a total frontage of 75 feet, offering excellent long-term holding and redevelopment potential. Each of the four self-contained suites offers two bedrooms and one bathroom and has undergone substantial upgrades. All units feature brand new kitchens and bathrooms, are separately metered, and are equipped with their own new furnaces and hot water tanks. Electrical panels throughout the building have also been updated, ensuring efficient operation and reduced maintenance for years to come. The torch on roof was redone around 2017. The building is fully leased with stable, long-term tenants on fixed-term agreements, providing immediate and reliable rental income. Ample street parking is available directly in front of the property, with additional parking stalls located at the rear. The location is convenient, offering quick access to Crowchild Trail, 14 Street NW and Memorial Drive, and is just minutes from the vibrant Kensington district with its abundance of shops, restaurants and amenities. The Bow River pathway system is also close by, further enhancing the lifestyle appeal for tenants. Being located on a transportation corridor also increases tenant appeal. This is a rare opportunity to acquire a turnkey, low-maintenance multi-family asset in one of Calgary’s most sought-after inner-city neighbourhoods.

Inclusions: stove(x4), Fridge(x4), dishwasher(x4), hoodfan(x4), washer(x4), dryer(x4)

Building Features:

  • Total Finished Area: 3813.72

Property Features:

  • Architectural Style: 2 Storey
  • Built in: 1951
  • Floor Space (approx): 3813.72 Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Heating: Forced Air, Natural Gas
  • Lot Size: 8019.00 Square Feet
  • Parking Features: Stall
  • Zoning: R-CG
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX House of Real Estate

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 2209 Westmount Road NW, Calgary, AB, T2N 2N5

Demographic Information of 2209 Westmount Road NW, Calgary, AB, T2N 2N5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$222,997.45

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.52 %

High school certificate or equivalent

18.03 %

Apprenticeship trade certificate/diploma

2.73 %

College/non-university certificate

14.07 %

University certificate (below bachelor)

0.94 %

University Degree

56.71 %

Commuter

Travel To Work

By Car

71.96 %

By Public Transit

7.41 %

By Walking

13.95 %

By Bicycle

4.49 %

By Other Methods

2.19 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.85 %

Houses

77.15 %

Own Vs. Rent