Listing Details

Welcome to the 97 ? an homage to one of the greats made even better with an incredible assumable closed fixed rate mortgage of 1.8%, 40 yr am, ~5.0M balance, ~8 years remaining, which will save the buyer ~$800k of interest vs current commercial rates. Building's location is 10/10 situated on trendy & historic Whyte Avenue with views of the downtown skyline and Millcreek ravine! 24 large residential 2 bedroom units featuring incredible luxury! The 97 has been built to the highest of condominium standards such as - Modern stucco and long board exterior, Huge private balconies with gas line for BBQs, In-suite laundry, Central Air Conditioning, Upgraded cabinetry/plumbing/lighting fixtures, contemporary finishes and Quartz countertops throughout. Underground parking and Future LRT access at your front door! The building was completed fall 2020 is fully leased & professionally managed by Ayre & Oxford. Buyers would consider eventual condominium conversion exit plan with potential ~$10M sellout. Act fast!