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 2023
9.2% increase in the average effective rent Y-O-Y
Rapidly shrinking vacancies and no provincial
control on rent increase led to the fastest rent growth the metro has seen since 2008.
Total Number of Units 10
Year Built 2022
Parking: 5 covered stalls with ample street parking
Zoning: M-C2
Number of Stories: 2.5
Occupancy: 100%
Financing: CMHC assumable at 4.47% (conditions apply)
Site Area: 712 sm (7672 sqft / 0.071 ha)
Building Footprint: 424 sm ( 4566 sqft )More details
A rare opportunity to acquire one of the prime Mixed-Use commercial and residential lots in the area. This MU-2 zoned land boasts an FAR of 5.0, H26 allowing for a maximum development of 53,925 SQF.
Positioned on a desirable corner lot, the property features 120 feet of frontage and 90 feet of depth, totaling 10,785 SF. With vehicle access available on three sides, the site offers exceptional visibility, facing a major roadway (17th Ave SW), with exposure to over 21,000 vehicles daily.
Additionally, there is the noteworthy cost savings to development, which include the recent relocation of utility poles, eliminating any associated demolition costs.
The property comes with an approved Development Permit (DP) and available plans for a medical/retail building. However, there is excellent flexibility to pursue a retail/residential development if desired.
DP2020-1250 Approved:
New: Medical Clinic, Retail and Consumer Service, Restaurant: Neighborhood, Accessory Residential Building (garbage enclosure).
- 3 Storey (Main floor retail and upper floors medical offices
- Main Floor: 4 Units retail (5,630 SF)
- 2nd Floor: 2 Units (6,674 SF)
- 3rd Floor: 2 Units (6,092 SF)
- Underground parking 19 stalls.More details
Welcome to custom build home with over 2,800 SF of living space in Shaganappi area. Located close to downtown. 3 MINUTES WALK TO WESTBROOK LRT STATION and 8 minutes to Killarney Recreation Center. This house brightens your mood every time you walk through the doors. Main floor is an OPEN CONCEPT. Abundance of natural light from FLOOR TO CEILING WINDOWS. 10’ CEILING ON THE MAIN FLOOR. Wide plank engineered hardwood floor, pot lights & SOUND SYSTEM throughout the house. Level 5 FLAT CEILING. Cozy up beside the GAS FIREPLACE on the main floor. Modern kitchen with plenty of cabinets. Quartz countertops and raised table to fit 5 people for a quick meal. Build in microwave and oven. Samsung s/s appliances. Wine fridge. Counter depth fridge. Beautiful GLASS RAILING leading to the upper floor. SKYLIGHTS that give you additional natural light. OFFICE SPACE on the second floor. The spacious master bedroom. Soak in the free-standing tub after a long day. Wash off work stress in the glass shower with BODY MASSAGE JETS. In the morning, enjoy getting ready with the HEATED ENSUITE FLOOR. 2 extra bedrooms with built-in closets, 4-piece washroom and laundry complete the top floor. Basement designed for entertainment. Wet bar with wine fridge & sink. Home theater wired for 5.1 surround sound. Beautiful BUILT IN WALL UNIT. Keep your feet warm on lush carpet HEATED FLOOR in the basement. Large 4th bedroom in the basement . Basement washroom with STEAM ROOM. .All windows and skylights are TRIPLE GLASSED. 9 ' ceilings in basement and second floor. VACUUM SYSTEM help you keep the house clean l. Fully insulated drywalled garage with shelves. The home is in the area for Western Canada Highschool. Incredible home!!! Look no more!!!More details
Data was last updated May 13, 2024 at 04:05 AM (UTC)
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 Service® 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.