Prime Investment Opportunity – Fully Furnished Penthouse with Strong Rental Income
This fully furnished sub-penthouse offers an exceptional investment opportunity with a high rental yield and long-term tenant in place. Located at the bustling intersection of 17th Avenue and Broadway (4th Street), this top-floor unit in an eight-story building ensures privacy with no structure above.
? High Rental Income: Currently leased at $2,200/month (tenant pays utilities & internet). Secure underground parking rented separately for $225/month, making this a high-market-cap property. The tenant has expressed interest in extending the lease, offering stable cash flow.
? Premium Features & Layout:
Bright & Spacious: Large windows provide unobstructed city views and excellent cross-ventilation for year-round comfort.
Well-Designed Bathroom: Dual sinks, a soaking tub, and an option to add a partition for privacy—ideal for shared living or families.
South-Facing Bedrooms: Abundant natural light throughout the day.
Move-In or Rental Ready: Fully furnished, making it an effortless investment or personal residence.
? Urban Convenience:
Secure underground titled parking
In-suite laundry for added comfort
Prime downtown location near cafes, restaurants, and nightlife
With a strong rental return and premium urban appeal, this unit is perfect for investors looking for passive income or homeowners seeking sophisticated city living.
?? Act now—this rare investment opportunity won’t last long!
Property Type:
Residential
Property Sub Type:
Apartment
Condo Type:
Conventional Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Apartment-High-Rise (5+)
Total Living Area:
774 sq. ft.71.9 m2
Condo Fee:
$593.00
Condo Fee Includes:
Common Area Maintenance, Heat, Insurance, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
Front Exposure:
North
Unit Exposure:
North
Floor Location:
Other
Entry Level:
7
Stories Total:
8
Levels:
Single Level Unit
End Unit:
2+ Common Walls
Total Rooms Above Grade:
5
Year built:
1967
(Age: 58)
Bedrooms:
2
(Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Bathrooms:
1.0
(Full:1, Half:0)
Plan:
0714961
Heating:
Baseboard
New Constr.:
No
Construction Material:
Brick, Concrete
Structure Type:
High Rise (5+ stories)
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Laminate
Cooling:
None
Fireplaces:
0
Garage:
0
Parking:
Titled, Underground
Parking Places:
1
Parking Total/Covered:
1 /
-
Laundry Features:
In Kitchen
Condo Fee Frequency:
Monthly
Stratford Towers
Cliff Bungalow
Elevator(s), Laundry
Dishwasher, Electric Stove, European Washer/Dryer Combination, Microwave Hood Fan, Refrigerator
none
Pets Not Allowed
No
Floor
Type
Size
Other
Main Floor
Bedroom
12'10"3.91 m × 8'7"2.62 m
Main Floor
Bedroom - Primary
12'10"3.91 m × 9'4"2.84 m
Main Floor
Kitchen With Eating Area
12'11"3.94 m × 9'11"3.02 m
Main Floor
Living/Dining Room Combination
12'7"3.84 m × 6'8"2.03 m
Main Floor
Dining Room
12'7"3.84 m × 10'2"3.10 m
Floor
Ensuite
Pieces
Other
Main Floor
No
5
7'8" x 9'8"
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
Double Vanity, Granite Counters, No Animal Home, No Smoking Home, See Remarks
Data was last updated February 28, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
4,132
Avg list price:
$587,898
Min list price:
$127,000
Max list price:
$13,888,000
Avg days on market:
27
Min days on market:
1
Max days on market:
581
Avg price per sq.ft.:
$434.99
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
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.