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$ 3,900,000
Est. payment /mo
Price Dropped by $200K
2526 16 Street SW Calgary, AB T2T4E9
7,600 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 7,600 sqft
Price per Sqft $513
Subdivision Bankview
MLS® Listing ID A2214661
Year Built 2025
Property Sub-Type Freehold
Source Calgary Real Estate Board
Property Description
Investor Alert – Brand New 6-Plex and possibility to be 8 or 10 Plex based on the buyer choice in Prime Calgary SW (Bankview)Seize this rare opportunity to own a brand-new luxury 6-plex in the heart of prestigious Bankview, one of Calgary's most desirable Southwest communities. With over 7,600 sq. ft. of total living space, this purpose-built income property is designed for maximum cash flow, featuring legal basement suites in every unit for enhanced flexibility and rental yield.Each building includes 4 spacious main dwellings, ranging from 1,830 to 1,950 sq. ft., paired with legal one-bedroom basement suites between 400 and 550 sq. ft. The second garage in each unit has been cleverly repurposed to expand the basement, creating more livable space, while still offering a single attached garage and double driveway per unit for ample parking.?? Rental Income Potential:Main units: $3,500 – $4,500/monthBasement suites: $1,500/monthTotal projected rent: $20,000 – $24,000/monthSimilar nearby units rent at $30/sq. ft., underscoring the income potential.Key Investment Highlights:Eligible for CMHC Select Financing – reduce financing costs and increase ROILocated in a high-demand rental area with proven stabilityTurnkey setup—ready for immediate income generationIdeal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside.Hurry—this opportunity won't last long! Contact us today to schedule a viewing or request the investor package. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Flooring Hardwood
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
View Y/N No
Total Parking Spaces 16
Private Pool No
Building
Story 2
Others
Ownership Freehold
Listed by First Place Realty