Property Details

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2311 16 Street SW
Calgary (A2251364)

$1,295,000
1,855 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

For more information, please click the "More Information" button. 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.

Property details

Basic Info

MLS® #
A2251364
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
Bankview
Price
$1,295,000
Sale/Lease:
For Sale
Size:
1,855 sq.ft.
Year Built:
1956 (69 years old)

Building Info

Structure Type:
Four Plex
Building Style:
Attached-Side by Side, Bungalow
Garage:
No
Parking:
Parking Pad, Stall
Fence:
Fenced
Basement:
Full
Features:
Central Vacuum, Kitchen Island, Storage
Inclusions:
n/a
Appliances:
Dishwasher, Electric Stove, Gas Dryer, Microwave, Microwave Hood Fan, Oven, Range Hood, Stove(s), Washer, Washer/Dryer
Patio/Porch Features:
Pergola

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)

Lot / Land Info

Lot Size:
0.11 acres
Lot Features:
Back Yard, Low Maintenance Landscape, Street Lighting
Zoning:
M-CG d72

Materials & Systems

Roof:
Shingle
Exterior:
Stucco,Wood Frame
Floors:
Laminate
Foundation:
Poured Concrete
Heating:
High Efficiency, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)

Listing Info

Possession:
Negotiable
Days on Market:
21
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Grassroots Realty Group Ltd.
1-833-477-6687

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