1,414 sqft
$2,800,000
A rare chance to acquire a fully operational, fully leased multi-family investment financed through CMHC’s MLI Select program, with all of the legwork already done. The application, approvals, costs and lease-up are complete, so an investor steps into a stabilized asset that is cash flow positive every month.The offering consists of four 3-bedroom freehold townhomes on separate titles, each with its own double detached garage and no condo fees. The two end units each include a 2-bedroom basement suite with a private side entrance, for six self-contained rental units and 16 bedrooms in total. Zoned R-Gm.The key advantage is the financing: an MLI Select mortgage with a 50-year amortization, assumable by a qualified buyer subject to lender and CMHC approval. The long amortization keeps monthly payments low and cash flow strong, without the months of paperwork, expense and waiting a new MLI Select application requires.Located in Silverton, one of SW Calgary’s newest communities, close to bus routes and schools, with quick access to Macleod Trail and Stoney Trail. A hands-off, income-producing property for the investor who wants the benefits of MLI Select without building it from scratch. (id:22455)
Property Details
|
MLS® Number
|
A2351812 |
|
Property Type
|
Multi-family |
|
Community Name
|
Silverado |
|
Parking Space Total
|
2 |
|
Plan
|
231092 |
Building
|
Constructed Date
|
2025 |
|
Construction Style Attachment
|
Attached |
|
Size Interior
|
1,414 Sqft |
|
Total Finished Area
|
1414 Sqft |
|
Type
|
Multi-family |
Parking
Land
|
Acreage
|
No |
|
Size Total Text
|
Unknown |
|
Zoning Description
|
R-gm |
https://www.realtor.ca/real-estate/30413284/69-silverton-glen-gate-sw-calgary-silverado