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Justin Newman

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

$ 3,995,000

Est. payment | -/mo

7,168 SqFt

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$ 3,995,000

Est. payment | -/mo

Save

7,168 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 7168.0

Square Footage 7,168 sqft

Price per Sqft $557

Subdivision South Calgary

MLS Listing ID A2336846

Style 3 (or more) Storey

Year Built 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 4 plex

Property Description

Fully leased investor opportunity in Marda Loop,generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts,4 bedrooms,3.5 bathrooms,and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom,1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal,while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft,while lower units offer 678 sq ft each,appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring,quartz countertops,custom cabinetry,stainless steel appliances,matte black fixtures,two fireplaces (main level and penthouse),oversized kitchen islands,and large windows for plenty of natural light,with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal,minimizing upkeep for ownership. Located steps from downtown,transit,and Marda Loop's vibrant amenities,this fully operational,cash-flowing asset delivers thoughtful design,efficient studio systems,and strong long-term rental demand — a rare,turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property,and please do not disturb the tenants.

Location

Province AB

County 0046

Area Cal Zone Cc

Zoning M-CG d75

Direction SW

Rooms

Basement Separate/Exterior Entry, Full, Finished

Interior

Cooling Full

Fireplaces Type Gas, Living Room, Loft

Inclusions Fridge (8), Dishwasher (4), Gas Stove (4), Microwave OTR (4), Hood Fan (4), Electric stove (4), Washer/Dryer (8), A/C (4), Window Coverings, Garage door opener(s)

Fireplace No

Exterior

Parking Features 220 Volt Wiring, Quad or More Detached

Garage Spaces 4.0

Roof Type Flat Torch Membrane

Porch Rooftop Patio

Total Parking Spaces 4

Garage Yes

Building

Dwelling Type Four Plex

Story Three Or More

Foundation Poured Concrete

Architectural Style 3 (or more) Storey

Level or Stories Three Or More

Others

Restrictions None Known

Listed by The Real Estate District

LOCATION AND NEARBY PROPERTIES

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Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

REVIEWS

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

My husband and I recently purchased a home in Airdrie with Justin Newman and couldn't be happier with our experience! He guided us through the whole process, was incredibly helpful in answering questions, and went above and beyond to make sure the whole process was stress free and seamless. He was always available for phone calls and helped us navigate every aspect of the purchase (showings, home inspection, condo doc read, lawyers etc.). We highly recommend Happy House Hunting and Justin for a realtor in the Calgary area and will definitely be using him again!

1923 26 AVE SW Calgary, AB T2T1E4

Justin Newman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1923 26 AVE SW

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REVIEWS