Description
Exceptional Buyer Investment Opportunity with Increasing Value! This executive condominium complex is located in the downtown core backing onto the Borealis Park and Pond with beautiful views. The multi use residential condo building contains 21 separate condo units each unit being unique in design all with underground heated parking, decks, fireplaces, and high-end finishings. The building can be described as a exceptional quality built product that is in the top 1% of any residential facility in the city. There are 4 individual titled units offered for sale as a package. These 4 units are 2 Stories and can be leased as one unit or the second story can be locked off from the bottom and rented as a 2nd separate unit, giving you additional rental revenue options. 4 or 8 units you can choose any combination. All 4 units have term leases in place with current rental rates @ $20,000 collected monthly . Units vary in sizes from 2363 sq ft to 2547 sq ft . Further detailed unit information is available in the supplement section of this listing. Listing agent can provide further financials, operating costs, and condominium documentation upon request. Pictures shown are examples of occupied units and may be different than listed units.
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0BEDS
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0.35ACRES
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0BATHS
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01/2 BATHS
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9,909SQFT
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$216$/SQFT
Description
Exceptional Buyer Investment Opportunity with Increasing Value! This executive condominium complex is located in the downtown core backing onto the Borealis Park and Pond with beautiful views. The multi use residential condo building contains 21 separate condo units each unit being unique in design all with underground heated parking, decks, fireplaces, and high-end finishings. The building can be described as a exceptional quality built product that is in the top 1% of any residential facility in the city. There are 4 individual titled units offered for sale as a package. These 4 units are 2 Stories and can be leased as one unit or the second story can be locked off from the bottom and rented as a 2nd separate unit, giving you additional rental revenue options. 4 or 8 units you can choose any combination. All 4 units have term leases in place with current rental rates @ $20,000 collected monthly . Units vary in sizes from 2363 sq ft to 2547 sq ft . Further detailed unit information is available in the supplement section of this listing. Listing agent can provide further financials, operating costs, and condominium documentation upon request. Pictures shown are examples of occupied units and may be different than listed units.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2023-03-29T17:58:36.857.