Solo on Fourth

Overview

Solo on Fourth is a five-storey mixed-use building with 39 purpose-built rental units above one level of ground floor retail space in the heart of Calgary’s trendy Mission District.

Construction is approximately 80% complete and the property has recently gone through a foreclosure process. The building is being offered for sale on an “as is” basis, with the buyer to take over and complete construction. Alternatively, the Seller would consider completing construction for a buyer with a forward sale contract in place.

Building features include an attractive unit mix of 24 one-bedrooms and 15 two-bedrooms; two-levels of underground parking totalling 40 stalls (31 residential, 5 commercial and 4 visitor); secured underground bike storage; and communal outdoor amenity space on fifth floor complete with BBQ facilities.

Residential suites include modern energy efficient appliances including dishwashers and in-suite laundry. The retail units are fronting directly onto 4th Street SW with excellent exposure and signage opportunities.

Location

Solo on Fourth is located in the amenity rich Mission District at the southeast corner of 4th Street SW and 19th Avenue SW. The neighbourhood is well known for its lively mix of restaurants, nightlife, and trendy shops. The property is within 600 m of a major grocery store, fitness studios, coffee shops, and dozens of restaurants.

The location also offers proximity to downtown Calgary and is within a 15-minute walk of an LRT station and two-blocks from Lindsay Park and the extensive trails lining the Elbow River.