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1427 37 Street SW
Rosscarrock Calgary T3C 1S6

$1,148,800
Commercial

Main Photo: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 1: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 2: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 3: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 4: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 5: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 6: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 7: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 8: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 9: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Photo 10: 1427 37 Street SW in Calgary: Rosscarrock Multi Family for sale : MLS®# A2031880
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2031880
Attention smart investors, opportunity is knocking! Two 4-plex buildings shoulder by shoulder, priced at $1,148,800 (1427) and $1,150,000 (1423); 1423 is listed separately, but preferably selling together with 1427. Right across from the Westbrook Mall in the sought-after community of Rosscarrock, Right on 37 Street SW, a block north of 17th Avenue. Near Rosscarock LRT Station and the newly opened library (walking distance), minutes’ drive to downtown. Close to parks, shopping, and all amenities. Great development potential. The combined dimension of these two lots is 30.42 meters wide and 38.11 meters deep, making up an area of 1159 square meters (12475.3 square feet). This area is big enough to build up to 30 plus condo units, with maximum floor area ratio of 2.5 and the maximum building height of 16 meters above grade. Each building has its own title. Each consists of 4 units: three 2-bedroom apartments and one 1-bedroom apartment, with laundry in suite. Currently, all 4 units of each building are rented with combined rent of $4800/month, or with the current market potential of around $6000/month. Tenants would like to stay after ownership changes.
Property Type:
Commercial
Property Sub Type:
Multi Family
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Total Building Area:
6,239.35 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,239 sq. ft.
Lot Frontage:
49'10¾"
Lot Details:
15.21 X 38.11
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1960 (Age: 63)
Bathrooms:
- (Full:-, Half:-)
Plan:
779FO
Heating:
Baseboard
Construction Material:
Asphalt
Structure Type:
Low Rise (2-4 stories)
Roof:
Asphalt Shingle
Ensuite:
No
Garage:
0
Parking Places:
4.0
Parking Total/Covered:
4 / -
Rosscarrock
N/A
None Known
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone W
Zoning:
M-C2
Listed Date:
Mar 13, 2023
Days on Mkt:
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Listed by HOMECARE REALTY LTD.
Data was last updated December 6, 2023 at 04:05 PM (UTC)

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