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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,450,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Some properties are rare. Others are special. And then there’s 14 Major Stewart Lane — a place so unique it almost defies description.Tucked behind the historic Major Stewart House and backing directly onto the Bow River, this is the only residential lot in Calgary where you can hear the calls of exotic animals from your backyard, thanks to its location just across the water from the Calgary Zoo. Set on 1,084 sq m with 50 feet of pristine river frontage, it’s a setting that feels far removed from city life — yet you're only minutes from downtown, Inglewood’s vibrant shops, Harvie Passage, and the Bow River Pathway system.For those with vision, the opportunity here is immense. The previous owner worked with designers to conceptualize a pair of stacked duplexes across both 10 and 14 Major Stewart Lane — four modern, architectural residences that would redefine waterfront living in Calgary. Purchase the adjacent lot and unlock the full half-acre potential with 100 feet of uninterrupted river views.Whether you're dreaming of a legacy build, a multi-unit development, or simply a private retreat in the city’s most eclectic neighbourhood, this is a canvas like no other. (id:39198)
Location
Province
Alberta
City
Calgary
Address
Major Stewart
Postal Code
T2G2Z2
Location Highlights
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Listed by
Century 21 Masters Alberta listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$1,450,000
Asking Price
$1,450,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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