Property Type

Multi-family

Description

Shag 5 combines thoughtful design with a favorable location within the community of Shaganappi Point. The transit-oriented project is comprised of 10 units and is fully leased. Fully leased at market rents as of October 20239.2% increase in the average effective rent Y-O-YRapidly shrinking vacancies and no provincialcontrol on rent increase led to the fastest rent growth the metro has seen since 2008.Total Number of Units 10Year Built 2022Parking: 5 covered stalls with ample street parkingZoning: M-C2Number of Stories: 2.5Occupancy: 100%Financing: CMHC assumable at 4.47% (conditions apply) Site Area: 712 sm (7672 sqft / 0.071 ha)Building Footprint: 424 sm ( 4566 sqft ) (id:6769

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Listing data last updated date: 2024-07-15 23:38:40

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Listing Agent: Talha Niazi

Brokerage: eXp Realty