1, 232 20 Avenue NE Calgary AB T2E 1P9 | A2073202

Welcome to this prized investment opportunity that offers an incredible chance to own an entire building featuring four meticulously designed, like-new luxurious legal suites. Currently, this MLS listing is showcasing one-half of this remarkable property, featuring two legal suites. However, do note that both sides of this exceptional building are available for your consideration. The potential inherent in this investment is boundless, allowing you to explore various avenues of profitability.Picture long-term tenants or AirBNB guests eager to call this exquisite inner-city haven their home. Situated in an unbeatable location, this property is a mere 6 minutes away from Deerfoot Trail, 12 minutes from the airport, and just an 8-minute drive to downtown Calgary. It’s a locale that effortlessly merges accessibility with urban charm.The exterior design of the building is a sight to behold, boasting a stunning Victorian aesthetic complete with authentic gas-lit lanterns, intricate brick patterns, and wrought-iron style railings. These timeless details create an instant curb appeal that’s sure to leave a lasting impression.Upper & lower units within this architectural gem boast a unique interior layout, tailored for comfort and sophistication. The lower unit embodies a commercial loft-style design, showcasing soaring 18′ ceilings, polished and heated concrete flooring, and 1.5 bathrooms. On the other hand, the upper unit offers an efficient layout featuring 3 bedrooms, a generously sized den, and 2 full bathrooms, catering to a harmonious blend of practicality and luxury.A crowning jewel of this property is the rooftop patio on the third floor, where panoramic vistas of the downtown skyline unfold before your eyes. It’s a space destined for unforgettable moments and breathtaking views.Each unit comes equipped with its own in-suite laundry, ensuring ultimate convenience for all residents. The high-end finishes are evident throughout, with quartz countertops gracing both kitchen and bathroom spaces, intricate geometric tile designs adding a touch of artistic elegance, bespoke built-ins enhancing functionality, and two-tone kitchen cabinets coupled with designer lighting amplifying the overall ambiance.Managing the building’s mechanical operations is a breeze, thanks to a dedicated mechanical room with its own entrance. This streamlined approach not only keeps operational costs in check but also minimizes the complexity of maintenance.Rest easy knowing this property comes with a transferable New Home Warranty, providing peace of mind as you step into this exciting investment venture.Don’t miss out on the chance to own a slice of architectural excellence with sizable potential returns and minimal maintenance. Seize the opportunity to elevate your investment portfolio with this remarkable property.