Calgary, AB T2T 4G3,2619 16 ST SW
Calgary, AB T2T 4G3,2619 16 ST SW
Calgary, AB T2T 4G3,2619 16 ST SW
Calgary, AB T2T 4G3,2619 16 ST SW
Calgary, AB T2T 4G3,2619 16 ST SW
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19
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20
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21
Aug
$ 1,449,000
Est. payment | /mo

3,902 SqFt


Save
$ 1,449,000
Est. payment | /mo
Save

3,902 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,902 sqft

Price per Sqft $371

Subdivision Bankview

MLS® Listing ID A2249523

Style 2 Storey,Attached-Up/Down

Year Built 1958

Annual Tax Amount $6,303

Tax Year 2025

Lot Size 5,360 Sqft

Acres 0.12

Property Sub-Type 4 plex

Source Calgary

Property Description

Investment opportunity. Up/down 4 plex, just one block from 26 Ave in Bankview in 16 street. This area is big enough to a brand new condo building units, with maximum floor area ratio of 2.5. Each unit is 820 sq.ft. Mix of 3 -2 beds and 1 - 1 bed. Had recently upgraded to newer kitchen cabinet and flooring, newer bath room vanity. Monthly rent is $7,080.00, gross $84,960, net operating income is $72,196.56 making cap rate 5%. Great cash flow and holding property for redevelopment.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-C2

Rooms

Basement Finished, Full

Interior

Interior Features Separate Entrance

Cooling None

Flooring Laminate, Tile

Inclusions built-in electric range, dishwasher, washer, dryer, refrigerator

Appliance Built-In Electric Range, Dryer, Refrigerator, Washer

Exterior

Parking Features Concrete Driveway, Parking Pad

Garage Description Concrete Driveway, Parking Pad

Community Features Other, Shopping Nearby

Utilities Available See Remarks

Amenities Available None

Roof Type Asphalt

Porch None

Lot Frontage 40.0

Total Parking Spaces 4

Building

Story 2

Foundation See Remarks

Sewer Public Sewer

Water See Remarks

Architectural Style 2 Storey, Attached-Up/Down

Level or Stories Two

Structure Type Brick,Wood Frame

Others

Restrictions Rental

Tax ID 101321860

Ownership Joint Venture

Pets Allowed Yes

Listed by TREC The Real Estate Company

GET MORE INFORMATION

agent

Justin Newman

License ID: 00540392

+1(403) 668-1272

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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.

Gyann Yiu