FOR SALE > Dragon City Mall #202, 328 Centre Street SE, PROPERTY HIGHLIGHTS Calgary, AB > 3 storey office / retail condominium LEIGH KIRNBAUER > Centrally located on the corner of Centre Street 403 298 0408 and 4th Avenue [email protected] > Within 3 blocks of the LRT line > +15 connection across the street in F1RST Tower COLLIERS INTERNATIONAL or Asia Pacific Centre Royal Bank Building, Suite 900 335, 8th Avenue SW, Calgary, AB > Second floor unit (202) available consisting of 403 266 5544 1,476 square feet www.collierscanada.com FOR SALE > #202, 328 Centre Street SE SITE BUILDING DESCRIPTION > 328 Centre Street SE > Legal Description: Condominimum Plan 9711528, Units 31, 32 and 33 > 83,486 square feet total square feet > 27,829 square foot floorplate > 3 storeys BUILDING AMENITIES > 97 underground parking stalls in the building available on a hourly, daily or monthly basis > Numerous services and retailers in the building and immediate area UNIT DETAILS > Second floor unit (202) available consisting of 1,476 square feet > Layout consists of 2 offices, server room, kitchen, washroom and open area for approximately 12 - 14 workstations > Utilities separately metered (approximately $225 per month) > 2015 property taxes $5,145.41 or $429 per month > 2015 condo fees $1,422.75 per month LISTING PRICE $349,000 FOR SALE > #202, 328 Centre Street SE SITE PLAN CENTRE STREET SUITE 202 - 1,476 SQUARE FEET CONDO FINANCIAL - OWN VS LEASE Owning Scenario Leasing Scenario Total SF 1,476 Total SF 1476 Price per SF $236.45 Lease Term 5 years Purchase Price $349,000 Annual Rate Per SF $15.00 Down Payment $104,700 Annual Lease Cost $22,140.00 Mortgage Amount $244,300 Net Savings on Own vs. Lease (5 Year) $65,223.28 Monthly Mortgage Cost (Interest Only) $757.95 Equity Built During Ownership (5 Year) $136,327.48 Annual Mortgage Cost (Interest Only) $9,095.40 Equity Built During Leasing (5 Year) $0.00 Mortgage Cost per SF (Interest Only) $6.16 *30% down payment: 4% interest rate: 25 year amortization: 5 year term Topics Own Lease Growing Equity As you pay down your principal and your property No equity built during lease appreciates, your equity builds Rental Hikes Stable mortgage rates reduce uncertainty The market and landlords decide for you Management Fees As part of a team of cost-conscious owners, you have Your lease and management company determine operating your say on the condo board costs and will charge management fees Tax Breaks Depreciate your unit from its full value annually and write Write off your lease as a business expense off operating and mortgage interest expenses Improving Space Money spent on improvements increases unit value Improvements benefit landlord and may raise renewal rate Long-Term Benefit Unit is an investment that can be rented to a third party or No economic benefit for you sold with business 8 AVENUE NE 8 AVENUE NE 4 STREET NE STREET 4 4A STREET NE STREET 4A 7 AVENUE NW CRESCENT 7 AVENUE NE ROAD CRESCENT ROAD NW CHAPPLE CENTRE STREET CENTRE 7 AVENUE NE HILLHURST COMMUNITY SCHOOL CALGARY NE EET CURLING CLUB 6 AVENUE NE 5 STR 5 4 STREET NE STREET 4 3 STREET NW STREET 3 4A STREET NE STREET 4A 4 STREET NW STREET 4 SUNNYSIDE BANK PARK TRAIL EDMONTON 5 STREET NW STREET 5 6 STREET NW NW STREET 4A 5A STREET NW STREET 5A RILEY PARK SUNVIEWPLACE MEMORIAL DRIVE NW 5 AVENUE NE 4 AVENUE NW HILLHURST BOULEVARD SUNNYSIDE COMMUNITY MANOR CENTRE 7 STREET NW 3 AVENUE NW 4 AVENUE NE 5 AVENUE NW 4 AVENUE NE SUNNYSIDE ELEMENTARY SCHOOL 2 AVENUE NW 8 STREET NW PRINCE' S ISLAND PARK 3 AVENUE NE 3 AVENUE NE 1 AVENUE NW LOUGH INGONISH APTS 2 AVENUE NE DONEGAL MANSIONS APTS ELAINEAPTS ALANNA APTS 3 STREET NE STREET 3 2 STREET NE STREET 2 2 AVENUE NE 9 STREET NW GLENWOODMANOR 12 STREET NW STREET 12 13 STREET NW STREET 13 15 STREET NW STREET 15 BOW RIVER DISCOVERY HILL 310-314 321 NW ST 10 10 ST NW 1 AVENUE NE BROKEN 1 AVENUE NE PLATE RIVER RUN CONDO’S HILL HOUSE GLADSTONE ROAD NW 301 HOLLY 10 ST NW PARK LANGEVIN ELEMENTARY & YARD 14 STREET NW STREET 14 233 MEMORIAL DRIVE NW PRINCE'S ISLAND JR HIGH SCHOOL ESTATES YEOMAN'S MARSH ROAD NE 500 HOLLY EAU CLAIRE POINT PEACE BRIDGE THE 7 STREET NE STREET 7 225-227 10 ST NW ST 10 PRINCETON NE STREET 7A 6 STREET NE STREET 6 CENTRE AVENUE 6A STREET NE STREET 6A 11 STREET NW STREET 11 10 STREET NW STREET 10 WATERFRONT MANOR 10A STREET NW STREET 10A EAU CLAIRE CONDOS 11A STREET NW STREET 11A T HOWIE HELIPOR YMCA MEREDITH BLDG CENTRE STREET BRIDGE STREET CENTRE 4 ST VLADIMIR'S 211 EAU CLAIRE MARKET UKRAINIAN 10 ST NW MEMORIAL DRIVE NE ORTHODOX 130- 148 10 ST NW ST 10 148 130- APTS 3 CHURCH WAAL DE BARCLAY PARADE BARCLAY CAFE FIRE DEPARTMENT EAU CLAIRE AVENUE SW 1886 BOW RIVER BOAT LAUNCH RIVERFRONT AVE SW MEREDITH ROAD NE 1204 NORFOLK MILL ANNAPOLIS BARLEY ROSS KENSINGTON HOUSE CORNER ROYAL ASSOCIATE 1220 APTS KENSINGTON HAYDEN 1126 MILES KENSINGTON MELCOR PLACE CLINIC KENSINGTON 1140 BLOCK BUILDING PLACE 1 AVENUE SW ERNST & YOUNG SIEN LOK PARK 205 CALGARY SHERATON JOEY TOWER CHINATOWN EAU CLAIRE CENTRE SENIOR’S TOMATOES KENSINGTON ROAD NW EAU CLAIRE P RIVERFRONT 106 - 126 10 ST NW ST 10 126 - 106 BOW KENSINGTON TRAIL EDMONTON THEATRE APTS KENSINGTON GATE LA CAILLE CALGARY DOWNTOWNCLAIRE MAP POINT PLAZA 23 BOWSIDE JOE 1131 RESTAURANT ESTATES P OXFORD 1125 BLDG LANE CONN 1127 MANOR PHILLIPS 4 STREET NE STREET 4 CEE BLDG ST JOHN BLDG LA CAILLE 116 N.W. LRT BRIDGE 140 LA CAILLE LA CONDOS CENTRE ELEMENTARY SW AVE 2 CENTRE 2 AVE SW HONG KONG UNITED ON THE PARKE THE ON CHURCH HARMONIOUS 9 SCHOOL INN BROADVIEW 5 STROMBOLI LEGEND PLAZA 1126 2 AVENUE SW 2 AVENUE SW DAQING AVENUE SW 2 DRAGON MCDOUGALL ROAD NE PARKING MEMORIAL 2 AVENUE SW KENSINGTONHOUSE KENSINGTON CRESCENT NW CHOWCITY EAU CLAIRE UNDER CONSTRUCTION THE POINT 735 CENTENNIAL PLACE NG BLOCK 123 119 CILTURAL CENTRE CILTURAL LOOKOUT CHINESE CALGARY REST. EAU CLAIRE MANOR 129 ON THE BOW 2ND ST COLLIERS INTERNATIONAL 46 WAI-KWAN TOWER SAHARA 2 AVE SE AVE 2 MANOR SE AVE 2 WESTMOUNT SHAW CENTRE MALL SE AVE 2 BLDG 12 STREET NW STREET 12 CALGARY KWAN CHINESE BLDG COURT LIVINGSTON CHURCH WEST 900-, 335 - 8TH AVE SW PLACE 207 207 2 STREET SW 12 5 STREET SW CITY FUTURE/POTENTIAL CONSTRUCTION SITE TOWER PENTACOSTAL 1 ST SE WEST 200-218 CENTRE ST CENTRE 13 STREET NW STREET 13 EAU CLAIRE CENTRE TOWER CALGARY, AB T2P 1C0DEVON 22 BRIDGELAND TOWER OFFICE 116 HILLHURSTUNITED EXEC- HOTEL LIVINGSTON WAH RIVERFRONT AVENUE SE COMMUNITY MEWS II MEWS LIBERTE EAU PRINCE'S CROSSING SUITE RESIDENCES TOWER 3 AVE SE ASSOCIATION CHURCH SW 7 STREET PLACE SOUTH YING 114 HILLHURST BRIDGE CLAIRE MALL BARCLAY 100-6 110 6 STREET SW 6 STREET AND POOL 233 COMMERCIAL 23 T +1 403 266 5544 138 EAST MNS NE STREET 8 COURT KENSINGTON BOWNESS ROAD NW TENNIS 40 5 HARVEST 3 AVE SE3 AVE SE 3 AVE SW AVE 3 CENTRE TRINITY TOWER 23 3 AVE SE CHURCH FAR EAST 7A STREET NE STREET 7A PARK SHOPPING PLAZA ST CENTRE 3 LUTHERAN MCPHERSON ROAD NE F +1 403 265 6495 APTS BRIDGELAND 4 AVE FLYOVER PLACE 3RESIDENTIAL AVENUE SW www.colliers.com/calgary 3 AVENUE SW MEMORIAL DRIVE NW 17 302 LIVINGSTON EAU CLAIRE MCDOUGALL PARKADE SUNLIFE 3 AVE SE 8 STREET SW SONOMA PAVILLIONS GOOD HOUSE CHURCHILL POTENTIAL 615 EAU CLAIRE NORTH THE PLACE HOUSE RETIREMENT OF EAU CLAIRE BENTALL PLACE I PARKADE 28 115-119 308 FORTUNE RIVERFRONT RESIDENCE COVERED SURFACE PARKINGESTATES 3rd AVE THE WESTIN 200 CARS LANGEVIN BRIDGE KENNEDY SITE PARKADE 3 AVE SW CITY 310 PLAZA 123 NE COURT MCDOUGALL SW II PLACE 3 PLAZA 119 GOVERNMENT OF CANADA WESTIN 7 3 AVE SE EAU CLAIRE EAU BP 312 RIVERFRONT 403 SHELL SE AVE 3 HARRY HAYS BLDG CENTRE P CENTRE 7 8 POINTE RIVERFRONT 32 P AVE SE + 15 WALKWAY SUNLIFE E NEFF UNITED BIRCHCLIFF 512-528 4 AVE SW PLAZA G LOUISE STATION PLACE ALBERTA REGENCY (RETAIL) THE WESTIN 30 316 - 3 ST SE ID ALTIUS ASIA FIRST 1 STREET SE HOUSING APTS MCFARLANE ENERGY HOTEL 16 38 SUNLIFE (BOOKER’S BBQ R 1 STREET SW MEMORIAL DRIVE NE 10 SERVICES TOWER SUITES13 CENTER SUNLIFE PACIFIC DRAGON CITY MALL STREET B BUILDING JAMIESON WEST STREET CENTRE & CRAB SHACK) R PLACE HOTEL DEVELOPMENT LAND TITLES HOTEL EAST CENTRE PLAZA E OPTIMA 5 REST. 3 18 31 PLACE 34 3 G 11 28 28 10 8 E FUTURE +15 WALKWAY CAESAR’S O INTERNATIONAL INTERNATIONAL R 707 - 5 Street K Y 4 AVENUE SW R 4 AVENUE SW N 4 AVENUE SE E H R E LORRNEL PHILLIPS 24 V AVATAMSAKA CANADIAN LONDON FIFTH AVENUE CECIL O BDG 619 SELKIRK 4TH Y CENTRE PRINCE'S ISLAND HOUSE APTS CALGARY PLACE WEST HOTEL DROP-IN CENTRE L MONASTERY ENMAX 2 621 & 4TH CANADA PLACE APTS 4 AVE SW HOUSE 28 3 F REST. PLACE II SUBSTATION NO 8 12 23 BLDG METROPOLITAN PLACE SE 4 AVE SW PLACE CENTRE 18 DELTA BOW 410 6 ST 7 34 P F1RST VALLEY INN TR 14 STREET NW STREET 14 2 24 N NORTHLAND TOWER PARK PARK JAMES SHORT PARK P YWCA O 28 LAGIN PLACE CECIL T & 16 7 N TOWER O CENTRE BOW RIVER BEER/WINE M THE PARKADE UNDERGROUND D PLACE HERITAGE AQUITAINE 520 TD PLACE EAST 36 E (626 STALLS) CATHOLIC MACDOUGALL PARKADE FIVE FIVE SUNDANCE PRINCE CHEVRON FIFTH AVENUE 35 TRANSCANADA 926 PLACE 640 SE 3 STREET UNDERGROUND TOWER 5TH AVE BANK CALGARY STOCK SCHOOL WEST WEST 800 - 5TH 5TH AVE SW ROYAL SUITES PLAZA 444 (880 STALLS) CENTRE AVE SW 19 PLACE I EXCHANGE LIGHT RAIL TRANSIT HOTEL 22 5 AVE ROSLYN 22 COURTYARD 1040 10 22 16 25 28 TOWER FIRE STATION 6225th 24 WAYNE 5 AVE SW Ave SW 27 BLDG10 5 31 BLDG NUMBER 1 5 AVENUE SW 3 STREET SW 5 AVENUE SW 5 AVENUE SW 5 AVENUE SE 5 AVENUE SE 441 10 18 921 BLDG 933 SNC THE FIFTH & FIFTH 5TH AVE 505 SUNCOR LEBOW ROCC ST.