Homes for sale - 5200 44 AVE Northeast #1353, Calgary, AB T1Y 7L4

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Baljit (Belle) Joshi

baljitkjoshi@gmail.com +1(587) 999-3079

$ 145,000

Est. payment | -/mo

1 Bed

1 Bath

308 SqFt

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$ 145,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

308 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 308 sqft

Price per Sqft $470

Subdivision Whitehorn

MLS® Listing ID A2179822

Style Apartment

Bedrooms 1

Full Baths 1

Condo Fees $390/mo

Year Built 2002

Property 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.

Location

Province AB

County Calgary

Area Cal Zone Ne

Zoning DC

Direction NE

Interior

Interior Features No Animal Home, No Smoking Home, Open Floorplan, See Remarks

Heating Baseboard, Natural Gas

Cooling None

Flooring Laminate

Appliance Microwave, Refrigerator, Window Coverings

Laundry Common Area

Exterior

Exterior Feature Balcony

Parking Features None

Community Features Golf, Park, Playground, Pool, Shopping Nearby, Street Lights, Walking/Bike Paths

Amenities Available Elevator(s), Fitness Center, Laundry, Party Room, Recreation Room, Visitor Parking

Porch None

Exposure NE

Building

Dwelling Type Low Rise (2-4 stories)

Story 2

Architectural Style Apartment

Level or Stories Single Level Unit

Structure Type Brick,Vinyl Siding,Wood Frame

Others

HOA Fee Include Caretaker,Common Area Maintenance,Maintenance Grounds,Professional Management,Reserve Fund Contributions,Residential Manager,Security,See Remarks,Snow Removal

Restrictions Adult Living

Pets Allowed No

Listed by Real Broker

5200 44 AVE Northeast #1353 Calgary, AB T1Y 7L4