$17,250,000
1426 23 Avenue NW
Capitol Hill, Calgary, Alberta
About this home
Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary’s mature, inner-city Capitol Hill community.For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile).Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation. The Property is being offered with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers. (id:66681)
Facts & features
- Property type
- Row/Townhouse
- Year built
- 2020
- Total living area
- —
- Lot size
- 32,507 sqft
- Basement
- None
- Legal suite
- No
- Garage spaces
- 0
- Community
- Capitol Hill
Location
This listing is sample data for preview purposes and does not reflect a real, currently available property. Once IAMLOVETIGER’s live DDF® feed is connected, listings here will show real MLS® data with full attribution, provided by the listing brokerage and deemed reliable but not guaranteed.
Mortgage estimate
Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
$3,450,000 (20%)
$84,154 / month
First payment: $62,425 interest, $21,729 principal