Calgary, AB T2T4E9,2526 16 Street
Calgary, AB T2T4E9,2526 16 Street
Calgary, AB T2T4E9,2526 16 Street
Calgary, AB T2T4E9,2526 16 Street
Calgary, AB T2T4E9,2526 16 Street
Calgary, AB T2T4E9,2526 16 Street
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$ 4,100,000
Est. payment | /mo

7,600 SqFt


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$ 4,100,000
Est. payment | /mo
Save

7,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 7,600 sqft

Price per Sqft $539

Subdivision Bankview

MLS® Listing ID A2214661

Originating Board Calgary Real Estate Board

Year Built 2025

Property Sub-Type Freehold

Property Description

Investor Alert – Brand New 8-Plex in Prime Calgary SW (Bankview)Seize this rare opportunity to own a brand-new luxury 8-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

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Listed by First Place Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 952-8241

drake@homesbydrake.com

Calgary, Alberta, T3A 2m4, CAN

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2526 16 Street