1353, 5200 44 Avenue NE Whitehorn, Calgary, Alberta, CA

Address: 1353, 5200 44 Avenue NE, Calgary, Alberta

1 Beds1 Baths308 sqftStatus: Buy
Price $150,000

Property Overview


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 excep tional complex offering exceptional services. (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
Apartment
Storeys
2
Square Footage
308.44 sqft
Community Name
Whitehorn
Subdivision Name
Whitehorn
Title
Condominium/Strata
Land Size
Unknown
Built in
2002
Building
Bedrooms
Above Grade
1
Bathrooms
Total
1
Interior Features
Appliances Included
Refrigerator, Microwave
Flooring
Laminate
Basement Type
None
Building Features
Features
See remarks, No Animal Home, No Smoking Home, Parking
Foundation Type
Poured Concrete
Style
Attached
Construction Material
Wood frame
Square Footage
308.44 sqft
Total Finished Area
308.44 sqft
Building Amenities
Exercise Centre, Laundry Facility, Party Room, Recreation Centre
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Golf Course Development, Pets not Allowed, Age Restrictions
Amenities Nearby
Golf Course, Park, Recreation Nearby
Maintenance or Condo Information
Maintenance Fees
$379.59 Monthly
Maintenance Fees Include
Caretaker, Property Management, Reserve Fund Contributions, Security, Other, See Remarks, Sewer, Water
Maintenance Management Company
Origin Active Lifestyles
Land
Other Property Information
Zoning Description
DC (pre 1P2007)
Level Rooms Dimensions
Main level 3pc Bathroom 6.00 Ft x 8.83 Ft
Bedroom 12.08 Ft x 13.83 Ft
Other 6.42 Ft x 10.75 Ft

Features
           See remarks            No Animal Home            No Smoking Home
           Parking            Refrigerator            Microwave
           None            Exercise Centre            Laundry Facility
           Party Room            Recreation Centre
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Your Home Finance Calculation

Property Price CA $150,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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