Active

5200 44 Avenue NE Unit: 1353

Calgary Alberta, T1Y 7L4

$145,000


$470.78 per sqft

Active

1 Bed

1 Bath

308 sqft

Condos

Built in 2002

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.

A2179822

MLS ID

November 19, 2024

Listed

December 20, 2024

Updated

Map

5200 44 Avenue NE Unit: 1353
Calgary Alberta, T1Y 7L4

Interior Features

Total Stories

2


Bedrooms

1


Total Bathrooms

1


Full Bathrooms

1


Interior Features

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


Appliances

Microwave, Refrigerator, Window Coverings


Laundry Description

Common Area


Floor Description

Laminate


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard, Natural Gas

Exterior/Building Features

Exterior Features

Balcony


Architectual Style

Apartment

Other Property Details

Days on Market

31


Association Fee

$391


Association Amenities

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


Garage

No


Parking

None


Parking Total

0


View

No


County

Calgary


Pool

No


Zoning

DC

Courtesy of Real Broker, Kelly McKelvie

Listing Contact: 403-804-7793 

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. 

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Data last updated 8:10 AM UTC, 12/20/2024

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