2925 12 Ave SW
12 Ave SW, Southwest Calgary, Calgary, AB, T3C 3T3
Quick Summary
Quick Summary
- Thoughtfully designed transit-oriented project
- Fully leased at market rents as of 2023
- Rapid rent growth with shrinking vacancies
- Comprised of 10 units in Shaganappi Point
- CMHC assumable financing at 4.47%
- 5 covered parking stalls with street parking
- 2.5 story building on 712 sq.m. site
- 100% occupancy as of listing
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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