The Beverly

Overview

The Beverly is a newly-constructed and fully stabilized 35-suite 5-storey purpose-built apartment building located in the heart of Mission, Calgary’s most desirable inner-city neighbourhood.

Positioned on a prime 12,065 SF corner lot, the property is just steps away from shops, restaurants and amenities along busting 4th Street and 17th Avenue SW, walking distance to the downtown core and only two blocks to Calgary’s spectacular Elbow River and it’s biking and walking pathway system.

The suite mix comprises beautifully appointed studio, one and two-bedroom suites offering modern design features, in-suite laundry, oversized balconies with main floor units featuring large terraces and private entries.

The building highlights include elevator service, underground parking with bike storage, and a spacious common rooftop patio offering sweeping views of the downtown skyline and the Elbow River.

There is an attractive CMHC mortgage in place that can be assumed in the amount of approximately $10,995,000 at an interest rate of 3.6%, maturing in August 2027.

With limited competing inventory in the immediate area, the Beverly represents a rare opportunity to acquire a new construction rental property in one of Calgary’s premier locations.

Location

The Beverly is situated in one of Calgary’s most desirable communities — Mission. It is a vibrant and trendy area with a unique blend of historic charm and modern amenities.

Located just south of downtown Calgary, Mission is known for its tree-lined streets, beautiful parks, and diverse dining and shopping options. The area is characterized by a mix of historic buildings and contemporary developments, offering a range of housing choices, from quaint heritage homes to stylish condos and apartments.

Residents and visitors alike enjoyed strolling along 4th Street SW, the neighborhood’s main commercial strip, which boasts an array of restaurants, cafes, boutiques, and art galleries. Additionally, the picturesque Elbow River flows through the neighborhood, providing opportunities for outdoor recreation and leisure activities.

With its convenient proximity to downtown and an inviting atmosphere, Mission remained a sought-after destination for young professionals, families, and anyone seeking a dynamic urban lifestyle with a touch of historical character.