For Lease · Specialty

18, 1750 120 Avenue NE, Calgary

18, 1750 120 Avenue NE, Calgary, AB T3K2G3

$27.64 Yearly

1,650.01 SF

Asset Class

Specialty

Size

1,650.01 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

98%

Year Built

2017

About this property

Step into a new class of premium commercial space with this exceptional leasing opportunity at The Vaults — Car Condo, where luxury meets functionality in a truly unique setting. This 1,650 sq. ft. unit, located in the highly sought-after Stoney 1 area, is designed for those who demand more than just simple storage. Whether you're a car enthusiast, collector, or entrepreneur seeking a versatile and upscale space, this unit delivers on every level. With the capacity to accommodate up to six vehicles comfortably—or up to eight with a lift system—it offers rare flexibility paired with striking presentation. Inside, the space is thoughtfully finished to blend utility with lifestyle. Enjoy a fully equipped kitchen complete with fridge, dishwasher, microwave, and sink, alongside dedicated living and dining areas -perfect for hosting, relaxing, or working in style. A full bathroom and in-unit laundry with sink add convenience, while epoxy flooring, a unit heater, and an advanced air detection system ensure durability and comfort year-round. One of the standout features is the impressive 23+ foot ceiling clearance, enhancing both storage potential and visual impact. The overhead electric door provides seamless access, and the unit is elevated further by large windows, including a rare exterior-facing window with serene pond views—an exclusive feature not found in all units. Beyond the unit itself, The Vaults offers a secure, gated environment with premium amenities including access to a private clubhouse and a dedicated wash bay—ideal for maintaining your vehicles, a home office or entertaining guests in a refined setting. Available for lease, the property is offered at $27.64 per sq. ft. base rent, plus $8.00 per sq. ft. in operating costs. This is more than just a storage space—it’s a statement. Please note: the property may be used as a home office, for storage, as a man cave, or to showcase your car collection. However, you may not operate an active business with client ele coming in and out of the property due to security reasons, and the property cannot be used as a full-time residence. Don't miss this opportunity! Book a showing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$28
Down payment30% · $8
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$2

Annual cash flow

$0

Cash-on-cash

4.62%

DSCR

1.25

Going-in cap

6.93%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters547 SF2034-04
Prairie Coffee Roasters1,077 SF2034-04

Area demographics

Trade area within 3 miles of the property.

Population

108,562

Households

38,013

Median income

$105,500

Median age

33.2

Daytime population

166,165

5-yr growth

3.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 18, 1750 120 Avenue NE, Calgary.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.