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Renanza Realty
For sale

2226 Westmount Road NW

Calgary, Alberta

MLS® A2314809

$1,988,000

Status
Active
Property type
Multi-family
MLS® number
A2314809
Bedrooms
Bathrooms
Year built
2022

Listing description

INVESTMENT OPPORTUNITY – WEST HILLHURST | An exceptional opportunity to acquire a distinctive five-unit inner-city property situated on a 5,276 sq. ft. rectangular lot along Westmount Road NW, backing onto Kensington Road and conveniently positioned between 21 Street NW and 22 Street NW.

The property offers a unique combination of residential accommodation, underground parking and quality construction, with approximately 2,483 sq. ft. of living space in the principal three-storey residence, together with four additional self-contained apartment-style units at the rear of the property.

The principal residence extends over three levels and offers a flexible and distinctive floor plan. The second level features a large open area currently designed as a ballroom/dance floor, complete with a two-piece washroom, providing excellent potential for entertainment, studio, recreational or other flexible uses. The third level includes a spacious primary bedroom together with two additional den/flex rooms.

The four rear residential units consist of: Two one-bedroom units of approximately 519 sq. ft. and 555 sq.

ft. | Two two-bedroom units of approximately 693 sq. ft.

and 695 sq. ft. | A significant feature of the property is the approximately 3,334 sq.

ft. underground parkade, providing six parking stalls and storage lockers—a valuable amenity for an inner-city multifamily property. Outdoor amenities include a shared deck area connecting the principal residence with the apartment component, together with a raised wooden deck serving the upper apartment units.

The property has been constructed and finished to a standard consistent with quality inner-city residential development. Notable features include a combination of in-floor heating and high-velocity forced-air systems, enhanced exterior wall construction designed to improve sound attenuation and thermal insulation, and rooftop solar panels with the ability to return generated electricity to the grid. With its desirable inner -city location, diverse unit mix, underground parking and distinctive construction features, this property presents an attractive opportunity for an investor, owner-occupier or purchaser seeking a unique multifamily income-producing asset.

Property summary

MLS® number
A2314809
Property type
Multi-family
Building type
Multi-Family
Square footage
5,276 sq ft
Land size
412 square meters
Built in
2022
Annual property taxes
$12,546.00
Parking
6 spaces
Days on market
114 days

What would this home cost you?

Based on the $1,988,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,250 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Real Broker, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.