5200 44 AVE NE #1353 new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T1Y 7L4
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
Originating Board Calgary
Year Built 2002
Annual Tax Amount $804
Tax Year 2024
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
State 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
Garage None
Garage Description 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
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
Ownership Equitable Interest
Pets Description No