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New property listed in Bowness, Calgary

New property listed in Bowness, Calgary

I have listed a new property at 8351 34 AVENUE NW in Calgary. See details here

4Unit Multi Family Registered with the City of Calgary. This property was extensively renovated in 2017 in all four Units. It's a very simple complex. Two upper units are 3 bedroom and the 2 lower are two bedrooms. One lower unit has the advantage of the single car garage use for additional cost. Landlord keeps his utility costs down by paying 400 per side towards Utilities and anything over that amount the upper and lower split the difference 2/3-1/3's. So the Landlord costs remains seasonal stable and just has to collect the balance of the utility bill with the monthly rent if there is additional expense. Each unit has a complete appliance package including in suite Washer and Dryer. The upper units have built in Microwave ovens A buyer must qualify to assume the existing mortgage. A very good savings when considering today’s current mortgage rates. The seller is updating the existing RPR to reflect the private yards that were fenced for each individual unit. This is a pet friendly complex and offering a private yard was an important consideration. Next Door 8355 -34 Ave NW is a 10Meter Frontage Vacant lot owned by City of Calgary. Rear 5 meters, length 36 meters. One other nice feature for a landlord to consider and be responsible for is there is only one mid efficient furnace per side and one regular size hot water tank per side. Keeping it simple!

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