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  • 905 Mckinnon Drive NE in Calgary: Mayland Heights Commercial for sale : MLS®# A2123733

    905 Mckinnon Drive NE Mayland Heights Calgary T2E 6A6
    Main Photo: 905 Mckinnon Drive NE in Calgary: Mayland Heights Commercial for sale : MLS®# A2123733
    $2,600,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2123733
    Built in 2010, this is a superior building in both quality and design throughout. Offering 5 premium two-bedroom units and a 6th office/boardroom space of approx. 700 SqFt (that could be converted to a large studio 1 bedroom suite), this corner lot building sides on to an alley and back feeder lane, has dedicated parking stalls, and a garage for the luxury oversized owners suite - which occupies the majority of the top floor. Beautiful aesthetics include stucco finish with stone and wood accents, multi-chambered pvc windows and thoughtful landscaping including a stamped concrete walkway to the covered entrance. Current design allows for top floor owner suite with adjacent private office space, or slight redesign the office to generate more tenant revenue which could easily command an additional $1500/mo. Two walkout units enjoy large windows and generous proportions with 9ft ceilings. The main floor units, with 8ft ceilings, offer slightly higher specifications, with engineered flooring and fireplace(s). The 2nd level 'owners' suite is very well appointed with PRIVATE ELEVATOR to the garage, 2bds and an additional flex room, granite countertops, vaulted ceilings and substantial windows, offering excellent views of the west rear exposure to the mountains. All units have central A/C. Located in the established and stable community of Mayland Heights, near schools, just west of Barlow Trail and 5Kms from the International Airport. With property values and rents increasing due to unprecedented demand, this premium building is both underutilized and could easily benefit from significantly updated rents. Operating expenses of approx. $53000 and total income possible from $145000 to $185000, this is an excellent stable & enduring value for the discerning investor. Proforma attached in supplements along with building drawings, RPR etc. Flexible possession is available with leases assumed. More details
    Listed by: Steven Hill, Sotheby's International Realty Canada
    STEVEN HILL - Senior Vice President, Sales
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Data was last updated November 26, 2024 at 06:05 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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