7,176 SqFt
7,176 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 7176.3
Square Footage 7,176 sqft
Price per Sqft $404
Subdivision Crescent Heights
MLS Listing ID A2234866
Style 3 (or more) Storey
HOA Y/N No
Year Built 2016
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 plex
Property Description
Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value.
Each spacious unit includes:
2300 Square Feet Of Livable Space Over 4 Levels |
4 Large Bedrooms, 4.5 Bathrooms |
Large West Facing Patio |
Spacious Bonus Room With Cozy Fireplace |
Fully Finished Basement With Wet Bar And Single Detached Garage |
Stylish, move-in-ready modern interiors curated for comfort and durability |
The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you're perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views.
Key Highlights:
Fully operational as a high-performing Airbnb short term rental.
All furnishings included.
Managed by professionals for a seamless, turnkey experience.
Outstanding location.
Immediate cash-flow potential with long-term upside.
High-performing income property with 6.05% cap rate
Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning M-CG d72
Interior
Inclusions none
Fireplace No
Appliance Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Exterior
Garage Spaces 4.0
Total Parking Spaces 4
Garage No
Building
Dwelling Type Four Plex
Story 3
Architectural Style 3 (or more) Storey
Level or Stories Three Or More
Others
Restrictions None Known
FEATURED AREAS
NEWLY LISTED IN THE CALGARY AREA
- New NW Single Family Homes HOT
- New NW Townhomes and Condos HOT
- New SW Single Family Homes HOT
- New SW Townhomes and Condos
- New Downtown Single Family Homes
- New Downtown Townhomes and Condos
- New East Side Single Family Homes
- New East Side Townhomes and Condos
- New Calgary Half Duplexes
- New Multi Family Investment Buildings
- New Calgary Area Acreages HOT
- Everything New in Cochrane
- Everything New in Airdrie
- Everything New in Canmore
- Everything Just Listed
- New Homes $100,000 to $400,000
- New Homes $400,000 to $1,000,000
- New Homes Over $1,000,000
HOMES FOR SALE IN NORTHWEST CALGARY
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REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
