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526 & 528 56 Avenue SW
Windsor Park Calgary T2V 0G7

$1,755,000
Multi-Family 4,677 sq. ft. built: 2004

Welcome to 526/528 56th Ave SW
Photo 1: 526 & 528 56 Avenue SW, Calgary
Photo 2: 526 & 528 56 Avenue SW, Calgary
Photo 3: 526 & 528 56 Avenue SW, Calgary
Photo 4: 526 & 528 56 Avenue SW, Calgary
Photo 5: 526 & 528 56 Avenue SW, Calgary
Photo 6: 526 & 528 56 Avenue SW, Calgary
Photo 7: 526 & 528 56 Avenue SW, Calgary
Photo 8: 526 & 528 56 Avenue SW, Calgary
Photo 9: 526 & 528 56 Avenue SW, Calgary
Photo 10: 526 & 528 56 Avenue SW, Calgary
Photo 11: 526 & 528 56 Avenue SW, Calgary
Photo 12: 526 & 528 56 Avenue SW, Calgary
Photo 13: 526 & 528 56 Avenue SW, Calgary
Photo 14: 526 & 528 56 Avenue SW, Calgary
Photo 15: 526 & 528 56 Avenue SW, Calgary
Photo 16: 526 & 528 56 Avenue SW, Calgary
Photo 17: 526 & 528 56 Avenue SW, Calgary
Photo 18: 526 & 528 56 Avenue SW, Calgary
Photo 19: 526 & 528 56 Avenue SW, Calgary
Photo 20: 526 & 528 56 Avenue SW, Calgary
Photo 21: 526 & 528 56 Avenue SW, Calgary
Photo 22: 526 & 528 56 Avenue SW, Calgary
Photo 23: 526 & 528 56 Avenue SW, Calgary
Photo 24: 526 & 528 56 Avenue SW, Calgary
Photo 25: 526 & 528 56 Avenue SW, Calgary
Photo 26: 526 & 528 56 Avenue SW, Calgary
Photo 27: 526 & 528 56 Avenue SW, Calgary
Photo 28: 526 & 528 56 Avenue SW, Calgary
Photo 29: 526 & 528 56 Avenue SW, Calgary
Status:
Sold
Sold Date:
Feb 29, 2024
Listed Price:
$1,849,000
Sold Price:
$1,755,000
Sold in:
54 days
Prop. Type:
Multi-Family
MLS® Num:
A2100191
Year Built:
2004
Step into the heart of Calgary with this impeccably maintained 4Plex, an incredible investment opportunity tailored for those bullish on the thriving Calgary market. Revel in a robust CAP Rate of over 5.25% with potential annual rental income exceeding $110k. Unlock additional potential of this property by exploring the possibility of condominiumization, an avenue to instantly elevate the property’s overall value. Discover the charm of each unit, crafted as an upright 2-storey home with a seamless open-concept living room and kitchen, two master bedrooms boasting their own ensuites, and a fully finished basement. Enjoy the flexibility offered by separate heating systems and electrical meters for each unit allowing for customizable utility payment structures. A parking pad at the rear ensures each unit has a designated spot, with an additional spot for visitors. Street parking in the front adds to the accessibility and convenience. Situated mere steps from Chinook Centre, Calgary's premier mall, and a short stroll to the Chinook train station, this property also offers swift access to the Macleod Trail corridor. Whether you are a seasoned investor or a newcomer to the real estate investors market, seize the opportunity to add to your portfolio with this well-maintained 4-Plex, capturing both cash flow and capital growth potential. Invest with confidence and make a smart move by scheduling a viewing to witness firsthand the investment appeal of this remarkable property!
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Negotiable, Subject To Tenancy
Home Style:
2 Storey
Total Living Area:
4,676.88 sq. ft.
Main Level Finished Area:
2,338.44 sq. ft.
Upper Level Finished Area:
2,338.44 sq. ft.
Below Grade Finished Area:
2,324.33 sq. ft.
Taxes:
$7,491 / 2023
Tax Assessed Value:
1140000.0
Lot Area:
6,006 sq. ft.
Lot Frontage:
50'
Stories Total:
2
Levels:
Two
Year built:
2004 (Age: 20)
Bathrooms:
- (Full:-, Half:-)
Plan:
1693AF
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Vinyl Siding
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Laminate
Fireplaces:
3
Fireplace Details:
Basement, Electric, Living Room
Garage:
0
Parking:
Alley Access, Concrete Driveway, Parking Pad, Side By Side
Parking Places:
5.0
Parking Total/Covered:
5 / -
Windsor Park
See Remarks
Dishwasher (x4), Electric Range (x4), Range Hood (x4), Refrigerator (x4), Washer/Dryer (x4)
None Known
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Exterior Features:
Private Entrance
Patio And Porch Features:
Front Porch, Rear Porch
Lot Features:
Back Lane, Near Shopping Center, Rectangular Lot
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC (pre 1P2007)
Listed Date:
Jan 06, 2024
Days on Mkt:
54
  • Photo 1: 526 & 528 56 Avenue SW, Calgary
    Welcome to 526/528 56th Ave SW
  • Photo 2: 526 & 528 56 Avenue SW, Calgary
    Well maintained 4-plex building in Windsor Park
  • Photo 3: 526 & 528 56 Avenue SW, Calgary
    Features four 2-storey upright units
  • Photo 4: 526 & 528 56 Avenue SW, Calgary
    Each unit has its own privacy porch/deck area
  • Photo 5: 526 & 528 56 Avenue SW, Calgary
    5 on-property assigned parking stalls
  • Photo 6: 526 & 528 56 Avenue SW, Calgary
    Welcome to 526 Unit 2. Each unit has an identical floorplan.
  • Photo 7: 526 & 528 56 Avenue SW, Calgary
    Lots of natural light from large windows
  • Photo 8: 526 & 528 56 Avenue SW, Calgary
    Electric fireplaces installed in 3 of the 4 units
  • Photo 9: 526 & 528 56 Avenue SW, Calgary
    Each unit features 2-storeys and finished basements
  • Photo 10: 526 & 528 56 Avenue SW, Calgary
    Open kitchen with plenty of counter space
  • Photo 11: 526 & 528 56 Avenue SW, Calgary
    Each unit includes refrigerator, electric range, and dishwasher
  • Photo 12: 526 & 528 56 Avenue SW, Calgary
    Each unit has a side entry door and closet
  • Photo 13: 526 & 528 56 Avenue SW, Calgary
    Main floor 2-piece powder room
  • Photo 14: 526 & 528 56 Avenue SW, Calgary
    Master Bedroom on 2nd Floor
  • Photo 15: 526 & 528 56 Avenue SW, Calgary
    Master Bedroom includes ensuite bathroom and walk-in closet
  • Photo 16: 526 & 528 56 Avenue SW, Calgary
    4-piece ensuite bathroom for Master Bedroom
  • Photo 17: 526 & 528 56 Avenue SW, Calgary
    Second Bedroom on 2nd Floor
  • Photo 18: 526 & 528 56 Avenue SW, Calgary
    2nd Bedroom also includes ensuite bathroom and walk-in closet
  • Photo 19: 526 & 528 56 Avenue SW, Calgary
    4-piece ensuite bathroom for 2nd Bedroom
  • Photo 20: 526 & 528 56 Avenue SW, Calgary
    Fully finished basement makes for a cozy family or rec room
  • Photo 21: 526 & 528 56 Avenue SW, Calgary
    Large basement windows allow plenty of natural light
  • Photo 22: 526 & 528 56 Avenue SW, Calgary
    Basement flex room can make for a great office or gym
  • Photo 23: 526 & 528 56 Avenue SW, Calgary
    Each unit has its seperate washer/dryer in their respective mechanical rooms.
  • Photo 24: 526 & 528 56 Avenue SW, Calgary
    Located steps away from Chinook Centre
  • Photo 25: 526 & 528 56 Avenue SW, Calgary
    Close to schools and downtown
  • Photo 26: 526 & 528 56 Avenue SW, Calgary
    Fourplex features 4 independent 2-storey units
  • Photo 27: 526 & 528 56 Avenue SW, Calgary
    Floorplan for Unit 526 Unit 2. The other 3 units have similar floorplans.
  • Photo 28: 526 & 528 56 Avenue SW, Calgary
    RPR Stamped with City Compliance
  • Photo 29: 526 & 528 56 Avenue SW, Calgary
    Current and Market Rents
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Listed by eXp Realty
Data was last updated March 3, 2024 at 08:05 AM (UTC)
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™.
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