New Listing
69 Silverton Glen Gate SW,Calgary, AB T2X5C3
Calgary, AB T2X5C3
Description
A rare chance to acquire a fully operational, fully leased multi-family investment financed through CMHC's MLI Select program, with all of the legwork already done. The application, approvals, costs and lease-up are complete, so an investor steps into a stabilized asset that is cash flow positive every month.The offering consists of four 3-bedroom freehold townhomes on separate titles, each with its own double detached garage and no condo fees. The two end units each include a 2-bedroom basement suite with a private side entrance, for six self-contained rental units and 16 bedrooms in total. Zoned R-Gm.The key advantage is the financing: an MLI Select mortgage with a 50-year amortization, assumable by a qualified buyer subject to lender and CMHC approval. The long amortization keeps monthly payments low and cash flow strong, without the months of paperwork, expense and waiting a new MLI Select application requires.Located in Silverton, one of SW Calgary's newest communities, close to bus routes and schools, with quick access to Macleod Trail and Stoney Trail. A hands-off, income-producing property for the investor who wants the benefits of MLI Select without building it from scratch. (id:374)
Details
| MLS # | A2351812 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 2025 |
| Days On Site | 5 |
| Listing Provided By | Century 21 Bravo Realty | Mark Ferreira |
Features
| SQ Feet | 1,414 |
|---|---|
| Garage | 2 |
| Zoning | R-Gm |
Interior
| Fireplace Yes / No | No |
|---|
Parking
| Parking Features | Detached Garage, Other |
|---|---|
| Parking Total | 2 |
Taxes
| Tax Annual Amount | 17556 |
|---|---|
| Tax Block | 23 |
| Tax Lot | 104 |
| Tax Year | 2026 |
Area Information
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2X5C3 |
| Community Name | Silverado |
| Listing VS Median (in Silverado) | |
Price: $2,800,000 low | high Med: $609,900 sqft: 1,414 low | high Med: 1,539 $ / sqft: $1,980 low | high Med: $397 On site: 5 low | high Med: 96.5 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2X5C3 |
| Community Name | Silverado |
| Listing VS Median (in Silverado) | |
Price: $2,800,000 low | high Med: $609,900 sqft: 1,414 low | high Med: 1,539 $ / sqft: $1,980 low | high Med: $397 On site: 5 low | high Med: 96.5 | |