Active

BOWNESS

4627 73 Street Nw, Calgary, AB

$1,800,000

Commercial ยท MLSยฎ A2332521
9,414Sq Ft
1992Year Built
02 / Overview

PROPERTY OVERVIEW

Fully renovated six-unit townhouse complex directly across from Bowness High School, now 100% occupied. Each unit is a 3-bedroom townhouse with undeveloped basement. Condo-titled structure. Currently renting at $1,800/month per unit, well below market rate supported by CMHC comps and current listings. With five of six leases expiring or renewing through 2027, there is a clear path to market-rate rents. The property was recently renovated back to the studs with no immediate capital expenditure required. Mortgage assumption at 4.7% fixed...

03 / Details

PROPERTY DETAILS

Property TypeCommercial
Building TypeLow Rise (2-4 stories)
Total Finished Area9,414 sq ft
ZoningM-C1
Year Built1992
04 / Commercial

COMMERCIAL METRICS

Commercial properties require specialized analysis. Contact us for cap rate and NOI calculations based on actual lease data.
Price per Sq Ft$1919,414 sq ft building
Building Size9,414 sq ftTotal building area
Property TypeMulti-TenantCommercial classification
ZoningM-C1Use classification
Commercial investment inquiry?Contact us for detailed financial analysis
05 / Location

BOWNESS

Moderate Investment
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Investment Score68/100
Avg Home PriceN/A
Active ListingsN/A
Listed by Robin Tuck ยท KPLI Real Estate Corporation