1/501405 8 Avenue SE, Calgary
1405 8 Avenue SE, Calgary, AB T2G0N1
$2.7M total
11,187 SF
Asset Class
Industrial
Size
11,187 SF
Building class
C
Zoning
IL — Light Industrial
$ / SF
$241
Occupancy
89%
Year Built
1910
Clear height
36 ft
Loading docks
13
About this property
A very unique Church and Rectory available for sale in Inglewood. Sitting on a large 13,664 square foot corner lot, the church portion is 6,716 square feet on the main floor and 2,061 square feet in the upper gallery. The basement is another 4,128 square feet. The connected Rectory is 2,410 square feet above grade with a finished walk up basement of approx. 1205 square feet. Large double garage is also on the property with a private courtyard. The boiler was recently replaced (2025) and there is new flooring upstairs. Please refer to Supplements for compliant RPR. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$12K
Projected NOI
$142K
Annual cash flow
$-8K
Cash-on-cash
-0.95%
DSCR
0.95
Going-in cap
5.26%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Meridian Health Group | 9,912 SF | 2030-01 |
Area demographics
Trade area within 3 miles of the property.
Population
107,315
Households
41,702
Median income
$74,000
Median age
41
Daytime population
138,221
5-yr growth
2.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1405 8 Avenue SE, Calgary.
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.