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Alberta
Calgary
11203 6 Street SW

$1,300,000

Calgary AB, T2W 0E9

MLS® # A2261330

Property Information:

The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit.

Inclusions: 4 Refrigerators, 4 Stoves, 4 Hoodfans

Building Features:

Total Finished Area: 2582.59

Property Features:

Built in: 1973
Construction Materials: Wood Frame
Floor Space (approx): 2582.59 Square Feet
Heating: Forced Air
Lot Size: 9429.00 Square Feet
Parking Features: Off Street, See Remarks
Roof:
Zoning: M-C1
No. of Parking Spaces: 4

Courtesy of: Town Residential

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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⚠ Potential Investment Performance

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Market Price Trends

Location of 11203 6 Street SW, Calgary, AB, T2W 0E9

Lifestyle
Neighbourhood

Demographic Information of 11203 6 Street SW, Calgary, AB, T2W 0E9

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$91,956.74

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.43 %

High school certificate or equivalent

32.45 %

Apprenticeship trade certificate/diploma

7.78 %

College/non-university certificate

19.09 %

University certificate (below bachelor)

1.99 %

University Degree

16.27 %

Commuter

Travel To Work

By Car

70.88 %

By Public Transit

19.99 %

By Walking

5.45 %

By Bicycle

0.1 %

By Other Methods

3.58 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.58 %

Houses

77.42 %

Own Vs. Rent