6
Bedrooms
4
Bathrooms
2,838
Square Feet
4,948 sq ft
Lot Size
1 Storey
$56,733
Annual Taxes
Description
Seize the opportunity to own a fully tenanted multifamily fourplex in one of Calgary’s most desirable inner-city communities.
This well-maintained property features a 4 flex, fully leased and generating a combined rental income of $7,450 per month. With strong, reliable cash flow from day one, this turnkey investment offers immediate returns along with excellent long-term appreciation potential.
Situated in the vibrant Bankview neighbourhood, just minutes from downtown Calgary, the property offers exceptional convenience and appeal for tenants. Its prime inner-city location ensures quick commutes, excellent transit access, and proximity to some of the city’s most popular lifestyle hubs, including Kensington, 17th Avenue SW, and Marda Loop.
Bankview is renowned for its elevated city views, character-filled streets, and walkable community atmosphere, making it one of Calgary’s most sought-after rental areas. Tenants benefit from quick access to major commuter routes, public transit, and a wide range of shopping, dining, and recreational amenities.
This is a rare opportunity to secure a strong-performing investment property in a high-demand inner-city location.
Property Features
Property Type 4-Plex
Ad Type For Sale
Ownership Freehold / Fee Simple
Parking Assigned Parking / Driveway / Visitor Parking
Asking Price $1,249,000
Location
Address 2311 16th Street SW
Neighbourhood Calgary
City Calgary
Province / State Alberta
Postal / ZIP T2T4E6
Country Canada
Bathroom Types
Bathroom 1 4pc Bathroom
Bathroom 2 4pc Bathroom
Bathroom 3 3pc Bathroom
Bathroom 4 3pc Bathroom
Map & Buyer Tools