Seven stacked townhomes, always fully rented, each with 1 bedroom and their own outside entry door. Each units layout is the same with 4 upper units having wood vaulted ceilings and decks and the 3 lower units with flat ceilings and their own patio. Each unit has a designated parking stall with electricity. Each unit is separately metered for electric. Each unit has 3 closets for extra storage. Common area offers coin operated laundry room and a secured storage space for each unit. City of Calgary Land Use is M-C1 allowing discretion to multi residential development with 148 units per hectare among other uses. Just 350m to the community association, 800m to the local library and a 1.1km walk to the trendy area of Marda Loop with quick access to Crowchild Trail or 14th Street SW. Get into a real estate investment in the community of South Calgary where gentrification is in full swing. Great location! New rental increases for July 1 and September 1 - September 1: 1-$900, 2-$900, 3-$900, 5-$900, 6-$870 - July 1, 4-$800, 7-$800. Measurements are based on gross building area.
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