Calgary, AB T2E6A6 905 Mckinnon Drive NE
$2,600,000
33 more
Presented By: Sotheby's International Realty Canada
Home Details
Built in 2010, this is a superior building in both quality and design throughout. Offering 5 premium two-bedroom units and a 6th office/boardroom space of approx. 700 SqFt (that could be converted to a large studio 1 bedroom suite), this corner lot building sides on to an alley and back feeder lane, has dedicated parking stalls, and a garage for the luxury oversized owners suite - which occupies the majority of the top floor. Beautiful aesthetics include stucco finish with stone and wood accents, multi-chambered pvc windows and thoughtful landscaping including a stamped concrete walkway to the covered entrance. Current design allows for top floor owner suite with adjacent private office space, or slight redesign the office to generate more tenant revenue which could easily command an additional $1500/mo. Two walkout units enjoy large windows and generous proportions with 9ft ceilings. The main floor units, with 8ft ceilings, offer slightly higher specifications, with engineered flooring and fireplace(s). The 2nd level 'owners' suite is very well appointed with PRIVATE ELEVATOR to the garage, 2bds and an additional flex room, granite countertops, vaulted ceilings and substantial windows, offering excellent views of the west rear exposure to the mountains. All units have central A/C. Located in the established and stable community of Mayland Heights, near schools, just west of Barlow Trail and 5Kms from the International Airport. With property values and rents increasing due to unprecedented demand, this premium building is both underutilized and could easily benefit from significantly updated rents. Operating expenses of approx. $53000 and total income possible from $145000 to $185000, this is an excellent stable & enduring value for the discerning investor. Proforma attached in supplements along with building drawings, RPR etc. Flexible possession is available with leases assumed. (id:7434)
Presented By: Sotheby's International Realty Canada
Interior Features for 905 Mckinnon Drive NE
Other Interior Features
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Construction MaterialWood frame
General for 905 Mckinnon Drive NE
Building Cooling TypeCentral air conditioning
Building TypeMulti-Family
CommunityNameMayland Heights
Foundation TypePoured Concrete
Ownership TypeFreehold
Parking Space Total8
Property TypeMulti-family
Zoning DescriptionM-C1
Exterior for 905 Mckinnon Drive NE
Exterior FinishStone, Stucco
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty