1353, 5200 44 Avenue Ne, Calgary, Alberta

$150,000

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1

Bed

1

Bath

308

Square feet

About 1353, 5200 44 Avenue Ne

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.

Features of 1353, 5200 44 Avenue Ne

MLS® # A2110910
Price $150,000
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 308
Acres 0.00
Year Built 2002
Type Residential
Sub-Type Apartment
Style Apartment
Status Active

Community Information

Address 1353, 5200 44 Avenue Ne
Subdivision Whitehorn
City Calgary
County Calgary
Province Alberta
Postal Code T1Y 7L4

Amenities

Amenities Elevator(s), Fitness Center, Laundry, Party Room, Recreation Room, Visitor Parking
Parking Stall
Is Waterfront No
Has Pool No

Interior

Interior Features No Animal Home, No Smoking Home, Open Floorplan, See Remarks
Appliances Microwave, Refrigerator
Heating Natural Gas, Baseboard
Cooling None
Fireplace No
# of Stories 2
Has Basement No
Basement None

Exterior

Exterior Features Balcony
Roof Asphalt Shingle
Construction Brick, Vinyl Siding, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed March 5th, 2024
Days on Market 111
Zoning DC (pre 1P2007)
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker

Listing Map

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