Property Details

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Featured in:

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1832 17 Avenue NW
Calgary (A2236306)

$3,200,000
6,000 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Enhance your real estate portfolio with this premier new construction rental development in Capitol Hill, one of Calgary’s most desirable inner-city communities. Scheduled for completion in the end of 2026, this purpose-built investment property consists of two buildings featuring a total of eight rental suites. Each building includes a spacious upper unit with three bedrooms and 2.5 bathrooms, as well as a well-appointed lower unit offering one bedroom with kitchen and full bathroom. A four-car detached garage with lane access provides added convenience and tenant appeal. Strategically located near downtown Calgary, 17th Avenue, parks, transit, and shopping, the property is ideally positioned to attract quality tenants and command above-average rents. Investors will appreciate the thoughtful design, superior construction, and long-term rental potential of these townhomes.The development is distinguished by its low-maintenance Hardy board exterior, high-efficiency HVAC systems, and durable finishes throughout—ensuring reduced operating costs and long-term durability. These modern, well-designed units are tailor-made for consistent cash flow and minimal upkeep. With estimated rents of $2,850 for upper suites ($2.10/sqft) and $1,450 for lower units ($2.20/sqft)Whether you're a seasoned investor or looking to diversify your holdings, this exceptional income-generating property offers the perfect blend of location, quality, and financial performance. For more information, contact us and take the next step toward securing a high-performing asset in Calgary’s thriving rental market.

Property details

Basic Info

MLS® #
A2236306
Property Type:
Multi-Family
Subtype:
Row/Townhouse
Subdivision:
Capitol Hill
Price
$3,200,000
Sale/Lease:
For Sale
Size:
6,000 sq.ft.
Year Built:
1950 (75 years old)

Building Info

New Construction:
Yes
Structure Type:
Four Plex
Garage:
No
Fence:
Basement:
No
Inclusions:
NA

Lot / Land Info

Lot Size:
0.14 acres
Zoning:
R-CG

Listing Info

Possession:
Negotiable
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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