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122 12 Avenue Ne, Calgary

  • Living area: 2376 square feet
Source: Public Records

Property Details

Prime opportunity to invest in this well maintained 4plex in the heart of Crescent Heights! Original owner for the past 40 years, this unbelievable investment property is situated on a tree canopied street that is close to downtown, easy access to transit, and close to all amenities. Each unit has an open floor plan, natural light, private balcony, spacious laundry room, and 1.5 baths. Units 1-3 all feature 3 bedrooms on the lower level, with Unit 4 converted into a two bedroom with a spacious primary. The units have had several updates over the years that includes furnace/air duct cleaning, new paint and carpet cleaning upon tenancy, appliances upgraded/repaired as needed, and regular professional landscape and annual spring clean-up of the grounds. The main floor consists of the living room with balcony access, 2pc bath, dining room, and kitchen. Fully developed lower is home to the bedrooms, full bathroom and laundry room. Each unit is fully equipped with its own furnace and hot water tank and the long term tenants make this an ideal investment property. Units 1, 2, and 4 are all month to month while Unit 3 is on a year lease until the end of October. Each unit comes with one on-site parking stall. This is an indisputable Inner City location that steps away from Centre Street, a short walk to downtown, and enjoys quick access to SAIT, UofC, Hospitals, and major traffic routes!! (id:1945)

Property Information

  • Tax Lot: 19,20
  • List AOR: Calgary
  • Tax Year: 2023
  • Tax Block: 6
  • Year Built: 1972
  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Living Area: 2376
  • Photos Count: 40
  • Lot Size Units: square meters
  • Parcel Number: 0017851262
  • Parking Total: 1
  • Structure Type: Multi-Family
  • Common Interest: Freehold
  • Street Dir Suffix: Northeast
  • Subdivision Name: Crescent Heights
  • Tax Annual Amount: 6013
  • Lot Size Dimensions: 557.00
  • Zoning Description: M-C1
  • Architectural Style: Bi-level
  • Above Grade Finished Area: 2376
  • Map Coordinate Verified YN: true
  • Above Grade Finished Area Units: square feet

Nearby Places

Name Type Address Distance
Crescent Heights, Calgary It is located in the inner city, immediately north... 0.1 km
CFXL-FM Broadcasting at 103.1 FM, the station plays a clas... 0.3 km
Crescent Heights High School (Calgary, Alberta) The school is part of the Calgary Board of Educati... 0.4 km
Crescent Heights High School School 1019 1 St NW 0.4 km
Diner Deluxe Restaurant 804 Edmonton Trail NE 0.7 km
Prince's Island Park (Calgary) It is developed on an island on the Bow River, imm... 1.0 km
Alice Jamieson Girls' Academy It is the only single gender school run by the Cal... 1.0 km
Rosedale, Calgary It is located south of the Trans-Canada Highway, b... 1.0 km
Prince's Island Park Park 698 Eau Claire Ave SW 1.1 km
Calgary Folk Music Festival July 21–24, 2016 is the Festival’s 37th edition... 1.1 km
Centre Street Bridge (Calgary) The lower deck connects Riverfront Avenue in China... 1.2 km
River Cafe Bar 25 Prince's Island Park 1.2 km
122 12 Avenue Ne mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 122 12 Avenue Ne. The current price of the property is $1,349,000, 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 $1,079,200. This would result in a monthly mortgage payment of $6,308 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 35
Bachelor's degree 140
University / Above bachelor level 10
University / Below bachelor level 25
Certificate of Qualification 20
College 85
University degree at bachelor level or above 195

Neighbourhood Marital Status Stat

Married 205
Widowed 20
Divorced 55
Separated 15
Never married 240
Living common law 110
Married or living common law 310
Not married and not living common law 330

Neighbourhood Construction Date

1961 to 1980 100
1981 to 1990 30
1991 to 2000 70
2001 to 2005 50
2006 to 2010 50
1960 or before 55
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