2311 16 ST SW new

Calgary,AB T2T 4E6

$ 1295000

- Bed

- Bath

1855 SqFt


Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1855.44

Square Footage 1,855 sqft

Price per Sqft $698

Subdivision Bankview

MLS Listing ID A2251364

Style Attached-Side by Side,Bungalow

HOA Y/N No

Year Built 1956

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 4 plex

Property Description

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Seize the opportunity to own a fully tenanted multifamily
fourplex in one of Calgary's most desirable
inner-city communities. This well-maintained property
consists of two self-contained units, both fully leased,
generating a combined rental income of $7,450 per
month. Offering reliable cash flow from day one, this
turnkey investment combines immediate returns with
excellent long-term appreciation potential.
Located in the vibrant Bankview neighbourhood,
just minutes from downtown Calgary, the property
provides exceptional convenience for tenants. Its
prime inner-city location ensures quick commutes,
excellent transit access, and close proximity to
some of the city's most popular lifestyle hubs,
including Kensington, 17th Avenue SW, and Marda
Loop. Bankview is known for its elevated city views,
character-filled streets, and walkable community
feel, making it a highly sought-after area for renters.
The location offers quick access to major commuter
routes, public transit, and a wealth of shopping,
dining, and recreational amenities.

Location

Province AB

County 0046

Community Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(S)

Area Cal Zone Cc

Zoning M-CG d72

Rooms

Basement Full

Interior

Interior Features Central Vacuum,Kitchen Island,Storage

Heating High Efficiency,Natural Gas

Cooling None

Flooring Laminate

Fireplace Yes

Appliance Dishwasher,Electric Stove,Gas Dryer,Microwave,Microwave Hood Fan,Oven,Range Hood,Stove(s),Washer,Washer/Dryer

Exterior

Parking Features Parking Pad,Stall

Fence Fenced

Community Features Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s)

Roof Type Shingle

Porch Pergola

Total Parking Spaces 4

Garage No

Building

Lot Description Back Yard,Low Maintenance Landscape,Street Lighting

Dwelling Type Four Plex

Foundation Poured Concrete

Architectural Style Attached-Side by Side,Bungalow

New Construction No

Others

Restrictions None Known

Virtual Tour https://www.youtube.com/watch?v=z8fsLBg-yuw

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