1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
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$ 4,250,000
Est. payment | /mo

5,995 Sqft Lot


Save
$ 4,250,000
Est. payment | /mo
Save

5,995 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Capitol Hill

MLS® Listing ID A2300913

Year Built 2025

Annual Tax Amount $4,718

Tax Year 2025

Lot Size 5,995 Sqft

Acres 0.14

Property Sub-Type Multi Family

Source Calgary

Property Description

Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol Hill

Exceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal.

The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability.

Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers.

Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.

Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning H-GO

Exterior

Total Parking Spaces 5

Others

Restrictions None Known

Tax ID 101377316

Ownership Private

Listed by The Real Estate District

LOCATION AND NEARBY PROPERTIES

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1224 20 AVE NW

GET MORE INFORMATION

Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

https://cdn.chime.me/image/fs/sitebuild/2022815/3/original_4f84e7d0-9456-495c-a45d-02ade0b6fb37.png

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.

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