IMMACULATE 6 Suite Apartment with extensive renovations and perfectly situated near transit and all amenities. Five – 2 bedroom suites are spacious at 863 s.f plus one – 1 bedroom suite. Full parking with 6 surface stalls with electrical outlets and a storage shed. Situated on a large 75′ x 119′ lot in Renfrew. Fully rented and never vacant with excellent tenants. Property has been completely updated with new doors and vinyl windows, new flooring, new kitchen counters, renewed bathrooms and roof is new in 2002. Laundry with coin operated machines. Hot water boiler is well maintained and updated with new pumps. Potential G.O.I $86,700. N.O.I. $55,301 produces I.R.R. of 11% at 5% cap. Offered at $1,150,000 Current GOI $64,200 well below market rents.
1111 Renfrew Drive Northeast, Calgary, AB T2E 5H9, Canada