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Excellent opportunity for investment !!!

Looking for investment? This is a of golden opportunity taking over 8 unit condos just only 5 years old building in NW area. All units has separate title, separate entrance, electrical meter and all units has been rented.   6 units with 2 bedroom & 2 bath -2 units has 3 bedroom & 3 bath. 9 foot ceiling, granite kitchen counter top, all appliances in high end condition, hard wood floor. Underground parking, heated underground parking floor. Monthly income $10,400 or $124,800 annual income. Investor may either invest the whole complex or buying separate per unit. For more information please contact to listing agent. 

 

 

 

Unit #

Address

Sq.ft

M2

Bed

Bath

Rent/ Month

Yearly Income

 Tax 2013 

 Asking Price 

Parking

 

 

 

 

 

 

 

 

 

 

 

3

1 # 7714 Bowness Rd N.W

1153.8

107.2

2

1.5

 $ 1,300.00

 $  15,600.00

 $  1,527.05

 $  293,900.00

1

4

2 # 7714 Bowness Rd N.W

856.9

79.8

2

2

 $ 1,400.00

 $  16,800.00

 $  1,344.76

 $  259,900.00

1

8

3 # 7714 Bowness Rd N.W

1353

125.7

3

2

 $ 1,600.00

 $  19,200.00

 $  1,655.55

 $  319,500.00

2

6

4 # 7714 Bowness Rd N.W

796.5

74

2

1.5

 $ 1,150.00

 $  13,800.00

 $  1,407.51

 $  270,800.00

1

 

 

 

 

 

 

 

 

 

 

 

1

1 # 7716 Bowness Rd N.W

856.9

79.8

2

1.5

 $ 1,050.00

 $  12,600.00

 $  1,344.76

 $  259,000.00

1

2

2 # 7716 Bowness Rd N.W

1153.8

107.2

2

3

 $ 1,300.00

 $  15,600.00

 $  1,527.05

 $  293,900.00

1

7

3 # 7716 Bowness Rd N.W

1353

125.7

3

3

 $ 1,550.00

 $  18,600.00

 $  1,664.51

 $  319,900.00

2

5

4 # 7716 Bowness Rd N.W

796.5

74

2

2

 $ 1,050.00

 $  12,600.00

 $  1,395.56

 $  268,500.00

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

                     8320.4 sq.ft

 

 

 

 $ 10,400.00

 $   124,800.00

 $  11,866.75

 $  2,285,400.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Expenses 

per year

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Wawanesa Insurance

 $3,684.00

 

 

 

 

 

 

 

 

 

Property Management

 $9,471.00

 

 

 

 

 

 

 

 

 

Utilities Common Area

 $16,121.00

 

 

 

 

 

 

 

 

 

Property tax

 $11,866.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total expense

 $ 41,142.00

 

 

 

 

 

 

 

 

 

Net Income:

 $83,658.00

 

 

 

 

 

 

 

 

8 Units Condo in Bowness Road
7714 & 7716 Bowness Rd NW
Calgary- AB T3H 0H1
Asking:
$2,135,400 ( obo)
MLS # C1023586

Soon Thieu
403-650-1488
soonthieu@gmail.com
Discover Real Estate Ltd

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