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na 1805 16 Street SW
Bankview Calgary T2T 4E3

$4,280,000
Multi-Family 16,510 sq. ft. built: 1952

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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2172876
Year Built:
1952
Fantastic Investment Opportunity!This solidly built 20-unit complex, ideally located on the corner of 17th Ave SW and 16 St SW, offers a fantastic mix of newly developed suites. The Concrete building features 1 one-bedroom units(774.88sqf), 12 two-bedroom units(801.56sqf/774.88sqf), 5 three-bedroom units(959.32), and 2 bachelor suites—catering to various tenant needs. Common areas include shared coin-operated laundry, ensuring convenience for all residents. Major Repairs & Updates: New Boiler 2024 Aug $53,000,Newer Roof - 2017 ~$67,000,Newer Windows & Doors (90+) - 2012 ~$75,000,new painting, and 18 unit new flooring.The property also offers rear lane access to 4 garage spaces and 4 covered carports, providing valuable parking options. This 120' x 112' lot is zoned MR0201, offering potential for future development in this highly desirable location. Residents enjoy prime accessibility with walking distance to the C-Train station and a bus stop conveniently located right outside the building. With quick access to SAIT, the University of Calgary, Mount Royal University, downtown, and Western Canada High School, the property is perfectly positioned for students and professionals alike. Take advantage of this rare offering in a sought-after area, ideal for investors looking to capitalize on Calgary's growing real estate market. Contact us today to book a viewing!
Property Type:
Multi-Family
Property Sub Type:
Apartment
Transaction Type:
For Sale
Total Living Area:
16,510 sq. ft.
Stories Total:
3
Levels:
Multi Level Unit
Year built:
1952 (Age: 72)
Bathrooms:
- (Full:-, Half:-)
Plan:
2448O
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Garage:
0
Parking Places:
8.0
Parking Total/Covered:
8 / -
Bankview (Calgary)
Fridge x 20, Stove x 20, Coin Washer x 2, Coin Dryer x 2
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
Oct 19, 2024
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Listed by Homecare Realty Ltd.
Data was last updated October 23, 2024 at 02:05 PM (UTC)
Jerry Charlton

Bankview Calgary FAQs

What is the history of Bankview?

Bankview is one of Calgary's oldest communities, established in 1908. Originally purchased from the Canadian Pacific Railway by William Nimmons for residential development, the area boasts a rich history that has evolved into a vibrant blend of old and new. Nestled close to the downtown core, Bankview offers a scenic view of the city skyline, which is how it got its name.

What types of housing are available in Bankview?

Bankview is known for its eclectic mix of housing options, reflecting its dynamic and evolving character. The community features a range of properties including vintage homes, renovated heritage buildings, and modern condominiums and townhouses. This diversity attracts a variety of residents, from young professionals to families and retirees.

What are the local amenities and services in Bankview?

Bankview offers a variety of amenities that cater to a wide array of lifestyles. Residents enjoy access to multiple parks, such as Buckmaster Park and Bankview Community Garden, where community events and activities are regularly held. The area is also close to 17th Avenue, known for its boutiques, cafes, and restaurants, providing a perfect blend of leisure and convenience.

What schools are available to residents in Bankview?

Families in Bankview benefit from proximity to several educational institutions. While there are no schools directly within Bankview, nearby options include Richmond School and Mount Royal School, both offering programs from kindergarten through to Grade 6. For older students, Western Canada High School is a short commute away, known for its excellent academic programs.

How is transportation in and around Bankview?

Transportation in Bankview is highly convenient, with easy access to major city routes including 14th Street and Crowchild Trail. The community is also well-serviced by Calgary Transit, offering several bus routes that connect residents to downtown Calgary and surrounding areas. Additionally, Bankview’s walkable design makes it easy for residents to navigate the area on foot or by bicycle.

What parks and recreational facilities does Bankview offer?

Bankview residents enjoy several green spaces and recreational facilities within the community. The Bankview Community Association actively organizes sports and cultural activities, utilizing local facilities like tennis courts and community halls. Moreover, nearby larger parks, such as North Glenmore Park, provide extensive pathways, picnic areas, and water activities.

How does Bankview engage its community members?

The Bankview Community Association is highly active, fostering a strong sense of community among residents. It organizes numerous events throughout the year, including seasonal festivals, movie nights, and craft fairs. These events provide an excellent opportunity for residents to connect and contribute to the vibrant community life in Bankview.

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