502 58 Avenue Southwest
Property Description
Positioned within Calgary’s highly desirable Windsor Park neighbourhood, Southridge Place offers investors the opportunity to acquire a 32-unit apartment property in one of the city’s most established and transit-connected residential corridors. The property’s strategic location provides immediate access to major transportation routes, employment centres, retail amenities, and public transit, creating long-term appeal for both tenants and investors. Residents benefit from walking-distance access to Chinook Centre, grocery stores, restaurants, medical services, recreation facilities, and the Chinook LRT Station, offering direct connectivity to Downtown Calgary, SAIT, the University of Calgary, and major employment nodes throughout the city. The surrounding area continues to attract a diverse tenant base including young professionals, families, students, and downsizers seeking convenient urban living with access to shopping, employment, and transportation options. Windsor Park’s mature character, established amenities, and central location continue to support strong occupancy levels and stable rental demand.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $8,100,000 |
| No. of Units: | 32 |
| Year Built: | 1968 |
| Lot Size: | 0.47 Acres |
| Opportunity Zone: | No |
| Price per unit: | $253,125 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout