Property Details

1353, 5200 44 Avenue NE
Calgary (A2179822)

$145,000
1
1
308 ft²
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Description

Discover an unparalleled investment opportunity in the heart of a serene residential area. This unique property offers a Turnkey Investment: Enjoy a completely hands-off experience with professional on-site management, maintenance, and leasing services. As part of the rental pool you receive steady monthly returns, making this an ideal opportunity for both seasoned and novice investors. The unit shown online, #1353, is only one of the entire rental pool, and is already rented out by Origin Property Management. The steady monthly returns derive from the entire pool, rather than just this unit, regardless of if it is rented out or not. This is a seniors assisted living complex with frequent changes in tenants who enjoy the exceptional amenities provided from the Canada-wide management services of Origin Property Management. Origin communities offer independent living, assisted living and memory care services to seniors. Residents benefit from a full suite of amenities designed to enhance their quality of life. The option to be both an investor and an occupant is always possible. Monthly financial and management reporting and an annual AGM keep the investor informed of the status of their investment. A tour of the building can be arranged, although the actual units (including #1353), cannot be entered if rented out at the time. Primary for the investor is the sharing of the entire rental pool rather than the current rental status of his or her unit. Hands-off investing allows the satisfaction of positive, rather than the typical negative, monthly returns rental property owners experience. This without the hassle of having to check-up on existing, or secure new tenants; nor the expense of constant upgrades or maintenance of a property - the best of both worlds. The onus is on Origin to provide ongoing tenancy, happy tenants and happy investors. Origin Active Lifestyle communities are located throughout Canada and expanding globally. Whitehorn Village in Calgary is an exceptional complex offering exceptional services.

Property details

Basic Info

MLS® #
A2179822
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Whitehorn
Price
$145,000
Sale/Lease:
For Sale
Size:
308 sq.ft.
Bedrooms:
1
Bathrooms:
1
Year Built:
2002 (22 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Style:
Apartment
Garage:
No
Parking:
None
Fence:
Basement:
No
Features:
No Animal Home, No Smoking Home, Open Floorplan, See Remarks
Inclusions:
N/A
Appliances:
Microwave, Refrigerator, Window Coverings
Laundry:
Common Area
Exterior Features:
Balcony
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Golf, Park, Playground, Pool, Shopping Nearby, Street Lights, Walking/Bike Paths

Condo/Association Info

Condo Type:
Conventional Condo
Condo Amenities:
Elevator(s), Fitness Center, Laundry, Party Room, Recreation Room, Visitor Parking
Condo Fee:
$391
Condo Fee Includes:
Caretaker, Common Area Maintenance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Residential Manager, Security, See Remarks, Snow Removal
Pets Allowed:
Yes

Lot / Land Info

Zoning:
DC

Materials & Systems

Exterior:
Brick,Vinyl Siding,Wood Frame
Floors:
Laminate
Heating:
Baseboard, Natural Gas
Cooling:
None
Amenities:
Golf, Park, Playground, Pool, Shopping Nearby, Street Lights, Walking/Bike Paths

Listing Info

Possession:
Immediate
Days on Market:
3
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  • Joshua Boyne

    780-978-5674

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    * Amounts are estimates only. Final payment amounts may vary.