1624 26 Av SW - Apartments FOR SALE


Calgary, AB T2T 1C6- North Hill/Downtown/Beltline
$2,200,000 CAD
587-317-4764
1624 26 Av SW, Calgary, AB for Sale
$2,200,000 CAD
Apartments - FOR SALE
1/40
null | Request Cap Rate


HIGHLIGHTS

  • Redevelopment Zoned
  • Newly Renovated
  • Prime Inner City Location
  • Corner Lot
  • AirBnB Approved

OVERVIEW

Multi-Family Investment Opportunity in Prime Bankview | 6 Units | Redevelopment Zoned Welcome to a rare turnkey potential cash-flowing investment in the heart of Bankview — perfectly situated between Downtown Calgary and vibrant Marda Loop. This well-maintained six-unit multi-family building offers incredible flexibility and upside: - 5 spacious two-bedroom suites - 1 well-appointed one-bedroom suite - Airbnb/Short-term rental approved for maximum cash flow potential - Shared onsite laundry - Ample dedicated parking for residents and guests Sitting on a coveted parcel of land, the property is currently zoned for redevelopment up to 5 storeys or 29 units, presenting a unique opportunity to cash flow now and build later as the neighbourhood continues to grow. With its unbeatable location, walkability, transit access and lifestyle amenities at your doorstep, this property appeals to both long-term tenants and short-stay visitors alike. Whether you’re an investor looking to expand your portfolio, a developer seeking your next project, or a buyer searching for dual-use income options — this Bankview gem checks every box. ?? The Location: Bankview – a high-demand inner-city community just minutes from the Core, 17th Ave, and Marda Loop’s restaurants, cafés, and boutique retail. Don’t miss this exceptional investment with present income and future potential — opportunities like this rarely hit the market!

FOR SALE DETAILS

PRICE

$2,200,000 CAD

PRICE/SF

$518 CAD /SF

# OF UNITS

6

PRICE/UNIT

$366,667

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1958

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,697 SF

ZONING

M-C2

APN/PARCEL ID

081064305

ASK ABOUT THIS PROPERTY

Ria MavrikosRE/MAX KeyMore Info
587-317-4764

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Ria MavrikosRE/MAX KeyMore Info
587-317-4764

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.