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1334-1340 12 Ave SW - The Ravenwood 386 - 552 SF Condo Units Offered at $564,000 CAD Per Unit in Calgary, AB T3C 3R9



Investment Highlights
- • High-visibility frontage along 12 Avenue SW in the Beltline district
- • Immediate access to multiple bus routes and walking proximity to Sunalta LRT Station
- • Close to dining, retail services, and downtown Calgary core
- • Two fully contiguous ground-floor units positioned for retail or service use
- • Surrounded by residential density and new mixed-use development projects
- • On-site and additional street parking options available in the vicinity
Executive Summary
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 8.50% |
| Sale Type | Investment |
| Cap Rate | 8.50% |
Description
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.
Sale Notes
This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.
| Sale Type | Investment | Cap Rate | 8.50% |
| Sale Type | Investment |
| Cap Rate | 8.50% |
Description
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.
Sale Notes
This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 386 SF | Flex | $564,000 CAD ($1,461.14 CAD/SF) | $47,940 CAD |
| Unit 110 | 552 SF | Retail | $564,000 CAD ($1,021.74 CAD/SF) | $47,940 CAD |
Unit 1
| Unit Size |
| 386 SF |
| Condo Use |
| Flex |
| Price |
| $564,000 CAD ($1,461.14 CAD/SF) |
| NOI |
| $47,940 CAD |
Unit 110
| Unit Size |
| 552 SF |
| Condo Use |
| Retail |
| Price |
| $564,000 CAD ($1,021.74 CAD/SF) |
| NOI |
| $47,940 CAD |
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Unit 1
| Unit Size | 386 SF |
| Condo Use | Flex |
| Price | $564,000 CAD ($1,461.14 CAD/SF) |
| NOI | $47,940 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Description | |
| The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.</li></ul> | |
| Sale Notes | |
| This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 110
| Unit Size | 552 SF |
| Condo Use | Retail |
| Price | $564,000 CAD ($1,021.74 CAD/SF) |
| NOI | $47,940 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Description | |
| The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.</li></ul> | |
| Sale Notes | |
| This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 73,176 SF | Floors | 8 |
| Property Type | Multifamily | Typical Floor Size | 8,049 SF |
| Property Subtype | Apartment | Year Built | 1980 |
| Building Class | B | Lot Size | 0.47 AC |
| Zoning | CC-X - Centre City Mixed Use | ||
| Total Building Size | 73,176 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 8,049 SF |
| Year Built | 1980 |
| Lot Size | 0.47 AC |
| Zoning | CC-X - Centre City Mixed Use |
Amenities
- Smoke Detector
Site Amenities
- Security System
- Wi-Fi
- Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Exceptionally bikeable
90/100
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1334-1340 12 Ave SW - The Ravenwood
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