1353, 5200 44 Avenue Ne, Calgary

$145,000

1 Beds
1 Baths
308 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #A2179822
Price$145,000
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage308
Acres0.00
Year Built2002
TypeResidential
Sub-TypeApartment
StyleApartment
StatusActive
Community Information
Address1353, 5200 44 Avenue Ne
SubdivisionWhitehorn
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT1Y 7L4
Amenities
ParkingNone
Amenities

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

Interior
HeatingBaseboard, Natural Gas
CoolingNone
# of Stories2
Interior Features

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

Appliances

Microwave, Refrigerator, Window Coverings

Exterior
Exterior FeaturesBalcony
Construction

Brick, Vinyl Siding, Wood Frame

Additional Information
ZoningDC
Listing Details
OfficeReal Broker
LISTING MAP

Properties for Sale Similar to 1353, 5200 44 Avenue Ne, Calgary, Alberta

Photo of Listing #A2123428

1240, 5200 44 Avenue Ne, Calgary

$179,997 - 1 Beds, 1 Baths, 519 Sf

MLS® # A2123428

Real Estate Professionals Inc.
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 ServiceĀ® 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.