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434 Meredith Rd NE 0.16 Acres of Commercial Land Offered at $1,295,000 CAD in Calgary, AB T2E 5A6
INVESTMENT HIGHLIGHTS
- Prime location between major roads (Memorial Dr & 4ST NE)with high visibility
- Potential to build condo high rise building with commercial bay on main floor
EXECUTIVE SUMMARY
Currently there's a house with back addition divided into 2 units A & B both have tenants occupied. Unit A is an older building (about 600sqft) with vaulted ceilings on main floor and a full basement with one bedroom up, one bedroom down, and a full bathroom. Unit B is an addition with no basement but 2 full bathrooms and 5 bedrooms. Total rental income is $3045.00. Please do not disturb tenants without an appointment. Call listing agent for details.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Taxes |
$3,115
|
$19,420.20
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,115
|
$19,420.20
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $3,115 |
| Annual Per AC | $19,420.20 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $3,115 |
| Annual Per AC | $19,420.20 |
PROPERTY FACTS Under Contract
1 LOT AVAILABLE
Lot
| Price | $1,295,000 CAD | Lot Size | 0.16 AC |
| Price Per AC | $8,075,882.11 CAD |
| Price | $1,295,000 CAD |
| Price Per AC | $8,075,882.11 CAD |
| Lot Size | 0.16 AC |
Unlimited potential for this mix use MU-2 50'x140' lot located just off Edmonton trail & memorial Dr, right across river from Downtown East Village! Lot is designed to built commercial & residential mixed building with f 4.0 h34.
DESCRIPTION
Located just off Edmonton trail & memorial Dr, right across river from Downtown East Village! Lot is designed to built commercial & residential mixed building.
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (78)
Bike Score®
Biker's Paradise (90)
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434 Meredith Rd NE
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