2925 12 Avenue Sw, Calgary, Alberta T3C 3T3

Shag 5 combines thoughtful design with a favorable location within the community of Shaganappi Point. The transit-oriented project is comprised of 10 units and is fully leased. Fully leased at market rents as of October 20239.2% increase in the average effective rent Y-O-YRapidly shrinking vacancies and no provincialcontrol on rent increase led to the fastest rent growth the metro has seen since 2008.Total Number of Units 10Year Built 2022Parking: 5 covered stalls with ample street parkingZoning: M-C2Number of Stories: 2.5Occupancy: 100%Financing: CMHC assumable at 4.47% (conditions apply) Site Area: 712 sm (7672 sqft / 0.071 ha)Building Footprint: 424 sm ( 4566 sqft ) (id:27476)

This property is a Freehold ownership type and offers a total of 5 parking spaces. Situated in the Shaganappi Point community, Shag 5 is a transit-oriented project featuring 10 fully leased units at market rents as of October 2039. The average effective rent has seen a 9.2% year-over-year increase, with rapidly shrinking vacancies and no provincial control on rent increase, resulting in the fastest rent growth the metro has experienced since 2008.

With a total of 10 units and a year built in 2022, the property offers 5 covered stalls for parking, along with ample street parking. It is zoned as M-C2 and consists of 2.5 stories with 100% occupancy. The financing is CMHC assumable at 4.47% with conditions, and the site area spans 712 square meters (7672 square feet / 0.071 hectares) with a building footprint of 424 square meters (4566 square feet).

Currently listed for sale, this property is located at 2925 12 Avenue SW in the city of Calgary, Alberta, with a postal code of T3C3T3. It is situated in the Shaganappi community and features an attached building construction style with 2.00 stories. The property type is classified as Multi-Family.