Data was last updated 2024-12-20 at 00:15:04 GMT
$145,000

1353, 5200 44 Avenue NE   Calgary, Alberta

MLS®: A2179822
URL:    
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.

Listing Information

Prop. Type:
Apartment
Property Style:
Apartment
Status:
Active
Condo/HOA Fee:
$390.98
City:
Calgary
Bedrooms:
1
Full Bathrooms:
1
Neighbourhood:
Whitehorn
Area:
Calgary
Province:
Alberta
MLS® Number:
A2179822
Listing Price:
$145,000

General Information

Year Built:
2002
Total Square Feet:
308ft2

Additional Information

Parking:
None

Other Information

Site Influences:
Elevator(s), Fitness Center, Laundry, Party Room, Recreation Room, Visitor Parking

VIP-Only Information

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Location


Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
Office: 403-478-1400
Mobile: 403-478-1400
Fax: 403-592-9201
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.