2311 16 Street SW, Calgary, Alberta

$1,295,000

1,855 Square Feet

For more information, please click the "More Information" button. Seize the opportunity to own a fully tenanted multifamilyfourplex in one of Calgary’s most desirableinner-city communities. This well-maintained propertyconsists of two self-contained units, both fully leased,generating a combined rental income of $7,450 permonth. Offering reliable cash flow from day one, thisturnkey investment combines immediate returns withexcellent long-term appreciation potential.Located in the vibrant Bankview neighbourhood,just minutes from downtown Calgary, the propertyprovides exceptional convenience for tenants. Itsprime inner-city location ensures quick commutes,excellent transit access, and close proximity tosome of the city’s most popular lifestyle hubs,including Kensington, 17th Avenue SW, and MardaLoop. Bankview is known for its elevated city views,character-filled streets, and walkable communityfeel, making it a highly sought-after area for renters.The location offers quick access to major commuterroutes, public transit, and a wealth of shopping,dining, and recreational amenities. (id:59963)

Listing ID: A2251364
Property Type: Multi-family
Year Built: 1956

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Details

Architectural Style: Bungalow
Amenities Nearby: Park, Playground, Recreation Nearby, Schools, Shopping
Ownership: Freehold
Parking Spaces: 4
Plan: 5228AF
Transaction: For sale
Zoning Description: M-CG d72

Building

Appliances: Washer, Refrigerator, Dishwasher, Stove, Oven, Microwave, Microwave Range Hood Combo, Hood Fan, Washer & Dryer
Architectural Style: Bungalow
BasementType: Full
Constructed Date: 1956
Constructed Material: Wood frame
Cooling: None
Exterior Finish: Stucco
Fireplace Present: False
Flooring: Laminate
Foundation: Poured Concrete
Heating Fuel: Natural gas
Size Interior: 1855 sqft
Stories Total: 1
Total Finished Area: 1855.44 sqft
Type: Multi-Family

Land

Amenities: Park, Playground, Recreation Nearby, Schools, Shopping
Fence: Fence
Size Frontage: 15.24 m
Size Irregular: 4960.00
Size Total: 4960 sqft|4,051 - 7,250 sqft

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2311 16 Street SW in Calgary Alberta. It was last modified on August 25th, 2025. Contact us to schedule a viewing or to discover other Calgary real estate for sale.

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