905 Mckinnon Drive Ne, Calgary, Alberta

$2,700,000

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0.17

Acres

About 905 Mckinnon Drive Ne

Built in 2010, this is a superior building in both quality and design throughout. Offering 5 premium two-bedroom units and a 6th office/boardroom space of approx. 700 SqFt (that could be converted to a large studio 1 bedroom suite), this corner lot building sides on to an alley and back feeder lane, has dedicated parking stalls, and a garage for the luxury oversized owners suite - which occupies the majority of the top floor. Beautiful aesthetics include stucco finish with stone and wood accents, multi-chambered pvc windows and thoughtful landscaping including a stamped concrete walkway to the covered entrance. Current design allows for top floor owner suite with adjacent private office space, or slight redesign the office to generate more tenant revenue which could easily command an additional $1500/mo. Two walkout units enjoy large windows and generous proportions with 9ft ceilings. The main floor units, with 8ft ceilings, offer slightly higher specifications, with engineered flooring and fireplace(s). The 2nd level 'owners' suite is very well appointed with PRIVATE ELEVATOR to the garage, 2bds and an additional flex room, granite countertops, vaulted ceilings and substantial windows, offering excellent views of the west rear exposure to the mountains. All units have central A/C. Located in the established and stable community of Mayland Heights, near schools, just west of Barlow Trail and 5Kms from the International Airport. With property values and rents increasing due to unprecedented demand, this premium building is both underutilized and could easily benefit from significantly updated rents. Operating expenses of approx. $53000 and total income possible from $145000 to $185000, this is an excellent stable & enduring value for the discerning investor. Proforma attached in supplements along with building drawings, RPR etc. Flexible possession is available with leases assumed.

Features of 905 Mckinnon Drive Ne

MLS® # A2123733
Price $2,700,000
Bathrooms 0.00
Acres 0.17
Year Built 2010
Type Commercial
Sub-Type Multi Family
Status Active

Community Information

Address 905 Mckinnon Drive Ne
Subdivision Mayland Heights
City Calgary
County Calgary
Province Alberta
Postal Code T2E 6A6

Amenities

Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Fan Coil
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Lot Description Sloped Down
Roof Asphalt Shingle
Construction Stone, Stucco, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed May 8th, 2024
Days on Market 76
Zoning M-C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSotheby's International Realty Canada

Listing Map

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