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Home AB Greater Calgary Calgary Mayland Heights
905 Mckinnon Drive NE
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905 Mckinnon Drive NE $2,850,000
$2,850,000
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905 Mckinnon Drive NE
Calgary, Alberta T2E6A6

MLS® Number: A2123733

Listing Description

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. (28987425)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Mayland Heights
Subdivision Name
Mayland Heights
Title
Freehold
Land Size
677 m2|7,251 - 10,889 sqft
Built in
2010
Annual Property Taxes
$6,637
Total Parking Spaces
8
Time on REALTOR.ca
59 days

Building

Building Features
Foundation Type
Poured Concrete
Construction Material
Wood frame
Heating & Cooling
Cooling
Central air conditioning
Heating Type
(Natural gas)
Exterior Features
Exterior Finish
Stone, Stucco
Parking
Total Parking Spaces
8

Measurements

Square Footage
7083 sqft
Total Finished Area
7083 sqft
Exterior Building Size
7083 sqft

Land

Lot Features
Frontage
34.18 m
Land Depth
19.8 m
Other Property Information
Zoning Description
M-C1
Data provided by: Pillar 9™

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