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I have sold a property at 808 Memorial DRIVE NW in Calgary

I have sold a property at 808 Memorial DRIVE NW in Calgary. See details here

Welcome to this rare investment opportunity with three income sources that are separately metered in Sunnyside. Situated across from the Bow River, river pathways, the Peace Bridge and downtown Calgary, you are steps away from it all. This amazing property has a lot size of 25’ x 120’ and is zoned M-CG d72 (Multi-Residential - Contextual Ground Oriented). There are three separate furnaces, three separate hot water tanks and the property is fully tenanted. Unit 100 in the illegal basement suite has its own separate entrance and foyer area. There is an expansive living room, large kitchen with dining area, a large 4-piece bathroom, bedroom, ample storage throughout, shared laundry and its own furnace. Unit 200 on the main floor also has its own separate entrance, rear deck access and floor to ceiling windows overlooking the Bow River, river pathways and downtown Calgary. The kitchen was recently renovated and there is a good-sized bedroom, 3-piece bathroom and a bright and inviting living room with office space as well as its own high efficiency furnace and shared laundry. Unit 300 in the upper illegal suite has its own separate entrance leading to an open staircase. The upper illegal suite has a large living room with floor to ceiling windows which also overlooks the Bow River and downtown Calgary. There is an expansive kitchen and dining area which leads to the massive 5-piece bathroom and two good sized bedrooms which allow in plenty of natural light. The upper illegal suite has its own high efficiency furnace, air conditioning and stacked washer and dryer. The property has newer asphalt shingles, two new high efficiency furnaces and two new hot water tanks. There is ample parking for three vehicles on the rear parking pad and street parking is also available. In addition, the sewer main was augured in 2021 and the rear deck was updated recently. It should be noted that this property did NOT flood during the 2013 floods. Don’t miss this opportunity to own a rare investment property as the possibilities are endless.

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