For Sale · Multifamily

923 Nativity Bay, Rural Rocky View County

923 Nativity Bay, Rural Rocky View County, AB T1X1R1

$495,000 total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

85%

Year Built

2003

Lot Size

0.11983471074380166 ac

About this property

Nestled within a serene and thoughtfully designed community, this home offers ownership without the burden of endless upkeep. With its updated features, move-in-ready condition, and perfect location, it is ready for the next chapter of your life.All-new appliances were added in 2019, flooring was completely redone in 2020, a new backsplash and chairlift were installed in 2022, and a Jacuzzi walk-in shower was installed in 2025. A beautiful and well maintained landscape surrounds this curated home, giving a tranquil, country feel.With an impeccable reputation, Prince of Peace is one of the Calgary area’s most sought-after retirement neighbourhoods. Welcoming and perfectly attuned to a season of life that values both independence and connection. Make this home yours. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$495K
Down payment30% · $149K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$17K

Annual cash flow

$-10K

Cash-on-cash

-6.72%

DSCR

0.64

Going-in cap

3.53%

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.

Area demographics

Trade area within 3 miles of the property.

Population

130,007

Households

56,827

Median income

$78,500

Median age

42

Daytime population

160,503

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for 923 Nativity Bay, Rural Rocky View County.

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.