AMAZING INVESTMENT OPPORTUNITY | Multi-family property with 5 units in Cliff Bungalow.
Welcome to the Bird & Squirrel, a truly iconic property on the corner of 5th Street and 23rd Avenue in Cliff Bungalow built in 1931.
Situated on a spacious approx 708 m² corner lot and zoned MC2, this unique property offers an unlimited amount of potential that sets it apart from the rest. Currently structured as a condominium with four titled units plus a lofted cottage unit currently rented out in the common area (please note, the illegal cottage suite is self-contained but not registered and not on a separate title). Also included are two garages (one currently being used as a workshop), 3 carports, and 4 storage units. Ample parking but the amazing location certainly makes cars optional!
The owner had meticulously maintained this property for the past 30 years, ensuring that it remains in impeccable condition. Each unit has undergone extensive renovations, perfectly balancing character preservation and attention to detail, with modern convenience. All units have separate entrances and storage lockers conveniently located along the breezeway on the west side of the property.
Moreover, the basement features a separate access point, ideal for a lower unit office or workshop area that the owner has utilized over the years to take exceptional care of this property.
The property has had extremely low vacancy rates given the amazing indoor and outdoor spaces as well as the prime inner city location in the heart of Cliff Bungalow/Mission.
Data was last updated December 6, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,798,000
Min list price:
$899,000
Max list price:
$4,300,000
Avg days on market:
56
Min days on market:
2
Max days on market:
167
Avg price per sq.ft.:
$610.01
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.