2313 16 St SW - Apartments FOR SALE


Calgary, AB T2T 4E6- North Hill/Downtown/Beltline
$1,249,000 CAD
825-305-2773
2313 16 St SW, Calgary, AB for Sale
$1,249,000 CAD
Apartments - FOR SALE
1/4
null | 5.36% Cap Rate


HIGHLIGHTS

  • Prime inner-city location with strong tenant demand.
  • Surrounded by shops, dining, and recreation.
  • Close to downtown Calgary, transit, and major commuter routes.
  • Potential for long-term appreciation in a high-demand area.

OVERVIEW

Offered for sale in Calgary’s vibrant inner-city community of Bankview, 2311 & 2313 16 Street SW presents a rare investment opportunity with immediate cash flow and long-term upside. This fully leased fourplex features four self-contained units generating a combined rental income of $7,450/month. Situated on a 50x99 ft lot (0.11 acres) and zoned M-CGd72, the property offers contextual ground-oriented multi-residential use. Tenants enjoy proximity to downtown, major commuter routes, and lifestyle destinations like 17th Avenue SW, Marda Loop, and Kensington. With elevated city views, walkable streets, and nearby amenities including Buckmaster Park, the Calgary Tennis Club, and local cafés, Bankview continues to attract strong tenant demand. Recently further reduced to $1,249,000, this turnkey asset is ideal for investors seeking stability, location, and future appreciation.

FOR SALE DETAILS

PRICE

$1,249,000 CAD

PRICE/SF

$440 CAD /SF

# OF UNITS

4

PRICE/UNIT

$312,250

CAP RATE

5.36%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

M-CGd72

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Eric StevensonNAI AdventMore Info
825-305-2773

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

Eric StevensonNAI AdventMore Info
825-305-2773

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