Exceptional Buyer Investment Opportunity with Increasing Value! This executive condominium complex is located in the downtown core backing onto the Borealis Park and Pond with beautiful views. The multi use residential condo building contains 21 separate condo units each unit being unique in design all with underground heated parking, decks, fireplaces, and high-end finishings. The building can be described as a exceptional quality built product that is in the top 1% of any residential facility in the city. There are 4 individual titled units offered for sale as a package. These 4 units are 2 Stories and can be leased as one unit or the second story can be locked off from the bottom and rented as a 2nd separate unit, giving you additional rental revenue options. 4 or 8 units you can choose any combination. All 4 units have term leases in place with current rental rates @ $20,000 collected monthly . Units vary in sizes from 2363 sq ft to 2547 sq ft . Further detailed unit information is available in the supplement section of this listing. Listing agent can provide further financials, operating costs, and condominium documentation upon request. Pictures shown are examples of occupied units and may be different than listed units. (id:47423)
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Detailed Information
Total Area
9,909 ft2
Communication Type
High Speed Internet, Cable Internet access
Lease Time
Monthly
Lease Type
Triple Net
Listing Contract Date
2022-09-10
Municipal ID
0032653495
Ownership Type
Condominium/Strata
# of Parking Spaces
8
Plan
Multiple
Property Type
Other
Transaction Type
For sale
Total Buildings
1
Zoning Description
bor1
Building
Constructed Date
2007
Cooling Type
Central air conditioning
Exterior Finish
Stucco
Fire Protection
Alarm system, Smoke Detectors, Full Sprinkler System
Foundation Type
See Remarks, Poured Concrete
Heating Fuel
Natural gas
Heating Type
Central heating, Other, Forced air, In Floor Heating
Size (Exterior)
9909 square feet
Total Finished Area
9909 sqft
Type
Commercial Mix
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Water
At Lot Line
Land
Total Size
15070 square feet
Size of Irregular Land
15070.00
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