38 days on Market

5200 44 Ave #1353, Calgary, Alberta T1Y 7L4

In the same building:
-
Condo
1
1
~308.44 sqft
$145,000
Get pre-approvedPowered by Rocket Mortgage
Condo
1
1
~308.44 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$470/sqft

Est. Mortgage$623/mo

Maintenance fees$391/mo

Tax Amount (2024)$804/yr

Days On Market38 days


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.


Property Details

StyleApartment
View-
Age of property2002
SqFt~308.44 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberA2179822
Community NameWhitehorn
Data SourcePILLAR 9
Listing byReal Broker

Features

Heating: Baseboard,Natural Gas

Main Floor

4pc Bathroom

6`0" x 8`10"

Bedroom

12`1" x 13`10"

Other

6`5" x 10`9"


2Story
Amenities

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

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by Real Broker, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 9270
Average household income $104,166

Age (%)

0 to 19
25%
35 to 49
21%
20 to 34
20%
50 to 64
18%
65 and plus
16%

Household composition (%)

Single family
70%
Single person
19%
Multi person
9%
Multi family
3%

Mother tongue (%)

English
55%
Punjabi (Panjabi)
10%
Arabic
6%
Tagalog (Pilipino, Filipino)
6%
Urdu
3%
Yue (Cantonese)
3%
Nepali
3%
Spanish
2%
Vietnamese
2%
Tigrigna
1%
Others
0%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget