2925 12 Ave SW
12 Ave SW, Southwest Calgary, Calgary, AB, T3C 3T3
Quick Summary
Quick Summary
- Fully leased 10 unit property
- Built in 2022 with modern design
- Prime Shaganappi Point location
- 9.2% average rent increase
- 5 covered parking stalls
- CMHC financing assumable
- M-C2 mixed use zoning
Shag 5 combines thoughtful design with a favorable location within the community of Shaganappi Point. The transit-oriented project is comprised of 10 units and is fully leased. Fully leased at market rents as of October 20239.2% increase in the average effective rent Y-O-YRapidly shrinking vacancies and no provincialcontrol on rent... Show More
Shag 5 combines thoughtful design with a favorable location within the community of Shaganappi Point. The transit-oriented project is comprised of 10 units and is fully leased. Fully leased at market rents as of October 20239.2% increase in the average effective rent Y-O-YRapidly shrinking vacancies and no provincialcontrol on rent increase led to the fastest rent growth the metro has seen since 2008.Total Number of Units 10Year Built 2022Parking: 5 covered stalls with ample street parkingZoning: M-C2Number of Stories: 2.5Occupancy: 100%Financing: CMHC assumable at 4.47% (conditions apply) Site Area: 712 sm (7672 sqft / 0.071 ha)Building Footprint: 424 sm ( 4566 sqft ) (id:54626)
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