Closing Date: July 2020

Address: 501 40th Avenue NW, Calgary, Alberta

Number of Units: 188 Townhomes

Year Built: 1978

Highlights:

• Rare opportunity to acquire a 41-building community consisting of 188 townhome units, situated on 6.62 acres 
• Well located, tucked into Queens Park Hill with convenient access to major thoroughfares, public transportation, cycling and walking paths, schools, parks, nearby retail and grocery stores
• Property is comprised of spacious, multi-level two and three bedroom townhomes, with an above average unit size of 970 SF, positioned well for families or tenants seeking additional space
• All units are equipped with in-suite storage, in-suite laundry, fireplace, private patios and many units offer covered parking