Data was last updated 2026-02-10 at 15:30:10 GMT
$18,000,000

1426 23 Avenue NW   Calgary, Alberta

MLS®: A2284605
URL:    
Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary?s mature, inner-city Capitol Hill community.
For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile).
Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation. 
The Property is being offered  with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers.
Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary?s mature, inner-city Capitol Hill community. For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile). Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation. The Property is being offered with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers.

Listing Information

Prop. Type:
Row/Townhouse
Property Style:
2 Storey
Status:
Active
City:
Calgary
Neighbourhood:
Capitol Hill
Area:
Calgary
Province:
Alberta
MLS® Number:
A2284605
Listing Price:
$18,000,000

General Information

Year Built:
2020
Total Square Feet:
32507ft2

Additional Information

Basement Dev:
None
Parking:
Single Garage Attached

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
This property is listed by Real Broker and provided here courtesy of Carmelle Smutko. For more information or to schedule a viewing please contact Carmelle Smutko.
Carmelle Smutko
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.