For Rent: Large Detached Garage

[cidley69]

Looking to rent out my garage, not sure what to ask for monthly rent.

The garage is heated with a large overhead natural gas furnace, and was once used as an autobody shop, there are chest level outlets every 3 feet on perimeter walls.

Garage is 24 ft x 26 feet. Only downfall is its located in Marlborough. I have lived here for 6 years and never had problem with anyone trying to break into garage.

Anyone interested, and what would a fair price be?

[Abeo]

You should make a point for what type of use of the garage is permitted, if its strictly storage (like most garage rentals) then somewhere around 2-300, if you let people work on their cars, use heat and electricity, then I would ask more on the basis of more risk, wear and tear, and utilities cost. Also might want to check to see what your insurance covers before renting it out.

[cidley69]

I just spoke with my insurance provider. Everything short of acts of god, war or intentional damage is covered by insurance. I asked specifically about car repairs, painting and welding and they said all those activities would not void my insurance.

Use of heat and electricity would be included, although I do have a digital thermostat that I'd want left at 5C unless actually doing something in the garage.

The only things not allowed would be commercial enterprises not permitted due to zoning/bylaw issues.

There's currently shelving on side walls and a large workbench along front walls (these can stay or go dependant on renters preference).

All that said, do you think $500 a month sounds fair?

[90_Shelby]

http://calgary.openfile.ca/calgary/text/bylaw-banning-parking-space-renting-doesnt-make-sense-planner

[cidley69]

From City of Calgary Website:

City of Calgary Media Team

Our Development and Building Approvals folks would like to add that there have been no actual violation tickets so far because we haven’t had any complaints.

[project240]

$500/month seems way too high for just a heated double garage. I suppose if they were in there working full time and the fuel bill was going to cost $150+ then maybe, but truthfully I think around $300/month is much more realistic... IMHO you're dreaming if you think you're going to rent it for that much.

I had a friend who rented an almost 1000sq ft heated triple garage w/220 Power and I think he paid either $400 or $450/month about a year ago.

[cidley69]

Thanks for input, just looking for a fair asking price.

[90_Shelby]

Check kijiji and rentfaster for comparables.

[JZS_147]

I'm renting one in Pineridge for $150/month right now, same size. heated, has a 220 outlet for a welder, and it has water ran in with a sink... :dunno:

If you were down south I would say you could ask more, but realistically 150-200 is about what you could rent it for

[barmanjay]

I've rented garages in the past for storage, working and etc.

I would expect something like you have to be $200-250 including utilities for that area, pending how clean and useable the space is.

If it were closer to DT on the NW side, you could fetch upwards to $475 including utils for it

[swak]

I paid $100 when i had a rented garage, but it wasn't anything special...

So i'd guess for something nice and dbl $200-250?

Just sayin'