For sale

1353, 5200 44 Avenue Ne , Calgary, Alberta T1Y 7L4

Description

Discover an unparalleled investment opportunity in the heart of a serene residential area. This unique property offers a Turnkey Investment: Enjoy a completely hands-off experience with professional on-site management, maintenance, and leasing services. As part of the rental pool you receive steady monthly returns, making this an ideal opportunity for both seasoned and novice investors. The unit shown online, #1353, is only one of the entire rental pool, and is already rented out by Origin Property Management. The steady monthly returns derive from the entire pool, rather than just this unit, regardless of if it is rented out or not. This is a seniors assisted living complex with frequent changes in tenants who enjoy the exceptional amenities provided from the Canada-wide management services of Origin Property Management. Origin communities offer independent living, assisted living and memory care services to seniors. Residents benefit from a full suite of amenities designed to enhance their quality of life. The option to be both an investor and an occupant is always possible. Monthly financial and management reporting and an annual AGM keep the investor informed of the status of their investment. A tour of the building can be arranged although the actual units, including #1353, cannot be entered if rented out at the time. Primary for the investor is the sharing of the entire rental pool rather than the current rental status of his or her unit. Hands-off investing allows the satisfaction of positive, rather than the typical negative, monthly returns rental property owners experience. This without the hassle of having to check-up on existing, or secure new tenants; nor the expense of constant upgrades or maintenance of a property. The best of both worlds. The onus is on Origin to provide ongoing tenancy, happy tenants and happy investors. Origin Active Lifestyle communities are located throughout Canada and expanding globally. Whitehorn Village in Calgary is an excep tional complex offering exceptional services. (id:51913)

Key Details

  Apartment
 1
 1
 308.44 sqft

Price

$150,000

Property Features

  • MLS® Number A2110910
  • Price $150,000

    Maintenance, Caretaker, Property Management, Reserve Fund Contributions, Security, Other, See Remarks, Sewer, Water

    $379.59 Monthly
  • Bedrooms: 1
  • Bathrooms: 1
  • Square Footage: 308.44 sqft
  • Property Type: Apartment
  • Community Name: Whitehorn
  • Amenities Near By Golf Course, Park, Recreation Nearby
  • Community Features Golf Course Development, Pets Not Allowed, Age Restrictions
  • Features See Remarks, No Animal Home, No Smoking Home, Parking
  • Plan 0213383

Buildings

Bathroom Total 1 Bedrooms Above Ground 1
Bedrooms Total 1 Amenities Exercise Centre, Laundry Facility, Party Room, Recreation Centre
Appliances Refrigerator, Microwave Basement Type None
Constructed Date 2002 Construction Material Wood Frame
Construction Style Attachment Attached Cooling Type None
Exterior Finish Brick, Vinyl Siding Flooring Type Laminate
Foundation Type Poured Concrete Heating Fuel Natural Gas
Heating Type Baseboard Heaters Stories Total 2
Size Interior 308.44 Sqft Total Finished Area 308.44 Sqft
Type Apartment

Land

Acreage No Land Amenities Golf Course, Park, Recreation Nearby
Size Total Text Unknown Zoning Description Dc (pre 1p2007)

Rooms

Level Type Dimensions
Main Level 3pc Bathroom 6.00 Ft x 8.83 Ft
Main Level Bedroom 12.08 Ft x 13.83 Ft
Main Level Other 6.42 Ft x 10.75 Ft

Agents and Offices

  • Kelly A. McKelvie
  • Ricky Easthope
  • Office: Real Broker
Address

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