Homes for sale - 212 32 AVE NE, Calgary, AB T2E 2G7

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Justin Newman

Happy House Hunting

justin@happyhousehunting.ca +1(403) 668-1272

$ 4,700,000

Est. payment | -/mo

12,258 SqFt

Save

$ 4,700,000

Est. payment | -/mo

Save

12,258 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 12,258 sqft

Price per Sqft $383

Subdivision Highland Park

MLS® Listing ID A2234264

Year Built 2025

Annual Tax Amount $4,230

Tax Year 2025

Lot Size 8,632 Sqft

Acres 0.2

Property Sub-Type Row/Townhouse

Source Calgary

Property Description

Brand-New 12-Unit Multifamily Building for Sale | Purpose-Built Rental with Legal Suites | CMHC MLI Select Eligible | Inner-City Calgary. Exceptional opportunity to purchase a newly constructed, purpose-built 12-unit multifamily building located at 212 32 Avenue NE in Calgary, Alberta. This investment property is situated in the highly sought-after inner-city community of Highland Park, just minutes from downtown Calgary, major commuter routes, transit, schools, shopping, and the future Green Line LRT. Designed for maximum income generation, this development features five self-contained townhome-style units above grade and five fully legal one-bedroom basement suites—each with private entry, separate HVAC systems, and in-suite laundry. Professionally designed by John Trinh & Associates, this new construction multifamily property offers investors long-term durability, contemporary architecture, and excellent curb appeal. All units are individually metered and built to the latest Alberta Building Code standards, with sound attenuation and fire separation in place. Tenants enjoy functional, well-laid-out living spaces with high ceilings, full kitchens, spacious bedrooms, and modern finishes throughout. This is a turn-key, low-maintenance income property ideal for long-term holds and passive income. Strategically positioned near Edmonton Trail, Centre Street, and 16 Avenue NW/Trans-Canada Highway, this rental property offers unmatched access to Calgary's downtown core, SAIT, University of Calgary, Foothills Hospital, and major employment hubs. With strong population growth, limited new rental supply, and increasing demand for high-quality inner-city housing, this location ensures sustained rental performance and long-term appreciation. This property is fully eligible for the CMHC MLI Select program, allowing qualified buyers to finance with as little as 5% down and amortizations up to 50 years. This creates unparalleled leverage, optimized monthly cash flow, and superior return on investment. Investors can maximize borrowing power while benefiting from stable, long-term debt at CMHC-insured rates. Whether you're an experienced real estate investor or new to multifamily ownership, this offering presents one of Calgary's best opportunities to secure a high-performing, cash-flowing asset in a growing inner-city market. Full pro forma, floor plans, construction specifications, and financial analysis available upon request.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning R-CG

Interior

Inclusions None

Appliance Dishwasher, Garage Control(s), Gas Range, Humidifier, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked

Exterior

Parking Features Quad or More Detached

Garage Description Quad or More Detached

Total Parking Spaces 6

Building

New Construction Yes

Others

Restrictions None Known

Tax ID 101570937

Ownership Private

Listed by Real Broker

FEATURED AREAS

Downtown East Village

Hounsfield Heights / Briar Hill

Huntington Hills

Inglewood

Killarney / Glengarry

MLS Area "North West"

Winston Heights / Mountview

NEWLY LISTED IN THE CALGARY AREA

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HOMES FOR SALE DOWNTOWN CALGARY

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Justin Newman

License ID: 00540392

+1(403) 668-1272

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.

Gyann Yiu

212 32 AVE NE Calgary, AB T2E 2G7

Justin Newman

Key Details

Location

Interior

Exterior

Building

Others

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212 32 AVE NE

FEATURED AREAS

NEWLY LISTED IN THE CALGARY AREA

HOMES FOR SALE DOWNTOWN CALGARY

HOMES FOR SALE IN NORTHWEST CALGARY

GET MORE INFORMATION

REVIEWS