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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 )
JIM BEATTY
RE/MAX Landan Real Estate
#102, 279 Midpark Way SE
Calgary, Alberta T2X 1M2