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5200 44 Avenue NE , #1353

Calgary, AB T1Y 7L4
  • $150,000
  • STATUS: Active
  • ID#: A2110910
UPDATED: 169 min ago
$150,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 308
    SQFT
  • $487
    $/SQFT
Neighbourhood:
Type:
Condo
Built:
2002
Area:

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.

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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. Data last updated: 2024-07-21T19:30:18.86.
www.teamshillington.ca/homes/148289217
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5200 44 Avenue NE , #1353 Calgary, AB T1Y 7L4

  • Price: $150,000
  • Status: Active
  • On Site: Days
  • Updated: 169 min ago
  • ID#: A2110910
1
Beds
1
Baths
0
½ Baths
N/A
Acres
308
SQFT
$487
$/SQFT
2002
Built
Neighbourhood:
Whitehorn
Area:
Calgary
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.
Exterior Features

Architectural Style Apartment Construction Materials BrickVinyl SidingWood Frame Entry Level 2 Exterior Features Balcony Foundation Details Poured Concrete Garage YN No Levels Single Level Unit Parking Features Stall Parking Total 0 Patio And Porch Features Balcony(s) Roof Asphalt Shingle Structure Type Low Rise (2-4 stories) Unit Exposure N

Interior Features

Basement None Bedrooms Above Grade 1 Common Walls 2+ Common Walls Cooling None Ensuite YN No Fireplaces Total 0 Five Piece Bath 0 Five Piece Ensuite Bath 0 Flooring Laminate Four Piece Bath 0 Four Piece Ensuite Bath 0 Heating BaseboardNatural Gas Interior Features No Animal HomeNo Smoking HomeOpen FloorplanSee Remarks Laundry Features Common Area Rooms 3pc Bathroom (Main) Bedroom (Main) Other (Main) Rooms Above Grade 2 Six Piece Bath 0 Six Piece Ensuite Bath 0 Three Piece Bath 1 Three Piece Ensuite Bath 0 Two Piece Bath 0 Two Piece Ensuite Bath 0

Property Features

Additional Parcels YN No Association Amenities Elevator(s)Fitness CenterLaundryParty RoomRecreation RoomVisitor Parking Association Fee 379.59 Association Fee Frequency Monthly Association Fee Includes CaretakerProfessional ManagementReserve Fund ContributionsResidential ManagerSecuritySee RemarksSewerSnow RemovalWater Association YN Yes Association2 YN No Community Features GolfParkPoolShopping NearbyStreet LightsWalking/Bike Paths Condo Type Conventional Direction Faces NE Inclusions Window Coverings New Construction YN No One Piece Bath 0 Parking Plan Type None Pets Allowed No Property Sub Type Apartment Title Land Fee Simple Transaction Type For Sale Zoning DC (pre 1P2007)

Listing provided courtesy of Real Broker. © 2024 Pillar 9™. All Rights Reserved.
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. Data last updated: 2024-07-21T19:30:18.86.
 
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