111 23 Avenue Sw, Calgary

111 23 Avenue Sw, Calgary, AB T2S0H9 Photo 1

21 Photos

111 23 Avenue Sw, Calgary, AB T2S0H9 Photo 2
111 23 Avenue Sw, Calgary, AB T2S0H9 Photo 3
111 23 Avenue Sw, Calgary, AB T2S0H9 Photo 4
111 23 Avenue Sw, Calgary, AB T2S0H9 Photo 5
111 23 Avenue Sw, Calgary, AB T2S0H9 Photo 6
111 23 Avenue Sw, Calgary, AB T2S0H9 Photo 7
  • Living area: 8219 square feet
  • MLS®: a2110512
  • Added: 65 days ago

Property Details

Discover a rare gem in the heart of Mission at 111 23 Ave SW—a meticulously maintained 11-unit building mere steps from the tranquil Elbow River. Boasting a mix of 3 two-bedroom units and 8 one-bedroom units, this property presents a diverse rental income stream, currently yielding $14,535 along with additional laundry income of approximately $200 per month.Nestled in a vibrant community, residents enjoy easy access to an array of amenities, including trendy cafes, boutique shops, and scenic parks. The serene ambiance of the Elbow River pathway offers a peaceful retreat for leisurely strolls or outdoor activities.Experience peace of mind knowing that this building has been lovingly cared for, with all units undergoing renovations during vacancies between tenants. Recent upgrades, including new windows and patio doors installed in 2021, along with parkade enhancements, fresh exterior stucco, and a new roof in 2022, ensure modern comfort and aesthetic appeal.Furthermore, critical infrastructure updates, such as the replacement of the boiler system and hot water heater in 2013, speak to the property's enduring value and reliability. Don't miss this exceptional investment opportunity in one of Calgary's most sought-after neighborhoods. Schedule a viewing today to witness the true potential of this remarkable property. (id:1945)

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Property Information

  • Tax Lot: 28
  • Cooling: None
  • Heating: Natural gas
  • Tax Year: 2023
  • Tax Block: 37
  • Year Built: 1971
  • Living Area: 8219
  • Photos Count: 21
  • Lot Size Units: square meters
  • Parcel Number: 0018311902
  • Parking Total: 11
  • Structure Type: Multi-Family
  • Street Dir Suffix: Southwest
  • Subdivision Name: Mission
  • Tax Annual Amount: 12749
  • Building Area Total: 8219
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 604.00
  • Number Of Buildings: 1
  • Zoning Description: DC (pre 1P2007)
  • Above Grade Finished Area: 8219
  • Above Grade Finished Area Units: square feet
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Nearby Places

Name Type Address Distance
Mission, Calgary Mission contains the very popular 4th Street with ... 0.3 km
Erlton, Calgary It is bounded by the Elbow River to the north and ... 0.5 km
St. Mary's Parish Hall Mary's Parish Hall is a historic sandstone buildin... 0.5 km
St. Mary's High School (Calgary) Mary's High School is a Canadian secondary school ... 0.5 km
St. Mary's Cathedral (Calgary) Mary's Cathedral in Calgary, Alberta, Canada is a ... 0.6 km
Cliff Bungalow, Calgary Centered along 5 Street SW, it is bordered by Elbo... 0.7 km
Roxboro, Calgary It is bounded to the north and west by the Elbow R... 0.8 km
Calgary Stampede The ten-day event, which bills itself as "The Grea... 0.8 km
Stampede Grandstand It annually hosts the rodeo, the chuckwagon races ... 0.9 km
Stampede Corral The arena was completed in 1950 at a cost of C$1.2... 0.9 km
BMO Centre (Stampede Park) Establishment 1410 Olympic Way Southeast,BMO Centre 0.9 km
Beltline, Calgary The area is located immediately to the south of Ca... 1.0 km
111 23 Avenue Sw mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 111 23 Avenue Sw. The current price of the property is $2,500,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,000,000. This would result in a monthly mortgage payment of $11,691 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 25
Bachelor's degree 190
University / Above bachelor level 10
University / Below bachelor level 10
Certificate of Qualification 25
College 55
Degree in medicine 10
University degree at bachelor level or above 245

Neighbourhood Marital Status Stat

Married 70
Widowed 15
Divorced 45
Separated 30
Never married 230
Living common law 90
Married or living common law 160
Not married and not living common law 320

Neighbourhood Construction Date

1961 to 1980 140
1981 to 1990 55
1991 to 2000 40
2001 to 2005 50
2006 to 2010 20
1960 or before 35
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