Townhouse Rental Portfolio 13104 ELBOW DRIVE SW, CALGARY
Located in South-West Calgary, at Canyon Meadows Drive & Elbow Drive SW. 27 units in a townhouse condominium complex of 180 units. Outstanding unit mix of 17 two-bedroom units & 10 three-bedroom units. Within an 8-minute walk to Canyon Meadows LRT station, and right on #3 bus line. Near Southcentre and Shawnessy shopping venues. Great access to Macleod Trail, Elbow Drive, Deerfoot Trail and 14 th Street. Condo has low maintenance, freshly-painted stucco and vinyl siding exterior and aluminum deck rails. All units have balconies or patios, wood-burning fireplaces and wood feature walls. All stacked units (14) have air-conditioning. Most have views of common park area, Fish Creek Park or the Rocky Mountains. All units have fridges and stoves, most units have dishwashers, washers & dryers.
Canyon Creek Heights Condominium sits right at the south end of Elbow Drive, in Calgary, at the top of Fish Creek Park. The portfolio includes 34 townhouse units in a condominium complex of 180 units, allowing an investor to continue to grow the portfolio as additional units become available for sale. The current owners have a resident manager onsite to administer the portfolio.The condominium has just finished replacing all balcony surfaces and installing new powdercoated aluminum deck rails, and painting all of the stucco walls in the complex. The roadway was resurfaced approximately 5 years ago. Unit Style Stacked Upper (2bed) Stacked Lower (2 bed) 2 Bedroom with Patio 3 Bedroom Total
# of Units 11 3 3 10 27
Square Footage Market Rent 1125 900-995 900 895-950 950 950-1195 1100 995-1195 Tenants pay all utilities in addition to rent