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Elements on First 201 1st St SE 32 Unit Apartment Building $12,250,000 CAD ($382,813 CAD/Unit) Calgary, AB T2G 2G3
Executive Summary
Welcome to the ELEMENT on 1ST ST & RIVERFRONT in prime chinatown district of downtown CALGARY, this 9 story concrete building with 30 rental condo units showcasing 1 & 2 bedroom suites . The top 8th floor consists of 3 penthouse units with breathtaking views of the river and downtown skyline , also access to the top floor DOME an outside were everyone can hang out, bbq and enjoy the views . The other 6 floors are all residential units, with the main floor having 2 commercial retail bays currently 1 is leased out to a very successful convenience store and the other bay is currently being used as an office by the management team, which can be leased out for additional revenue. The building features a small but useful underground parkade which is used for additional revenue. This high end brick building was built using high end products and very good quality making it a long lasting revenue producing property with the potential to sub divide as it is all under 1 title . SOO MUCH POTENTIAL !! Please call to arrange a showing or for more information .
Property Facts
| Price | $12,250,000 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $382,813 CAD | Building Class | A |
| Sale Type | Investment NNN | Lot Size | 0.10 AC |
| Sale Condition | Direct Exchange | Building Size | 51,579 SF |
| No. Units | 32 | No. Stories | 9 |
| Property Type | Multifamily | Year Built | 2016 |
| Property Subtype | Apartment | ||
| Zoning | DC - Direct Control District | ||
| Price | $12,250,000 CAD |
| Price Per Unit | $382,813 CAD |
| Sale Type | Investment NNN |
| Sale Condition | Direct Exchange |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.10 AC |
| Building Size | 51,579 SF |
| No. Stories | 9 |
| Year Built | 2016 |
| Zoning | DC - Direct Control District |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Security System
- Crown Molding
- Kitchen
- Granite Countertops
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Framed Mirrors
- Island Kitchen
Site Amenities
- 24 Hour Access
- Business Center
- Controlled Access
- Fitness Center
- Laundry Facilities
- Security System
- Waterfront
- Furnished Units Available
- On-Site Retail
- Smoke Free
- Walking/Biking Trails
- Storage Space
- Bicycle Storage
- Elevator
Exceptionally walkable
100/100
Very drivable
80/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
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Photos
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Map
Presented by
Sidhu Dhillon Team
Elements on First | 201 1st St SE
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