2313 16 St SW - Multi-Family FOR SALE


Calgary, AB T2T 4E6- North Hill/Downtown/Beltline
$1,295,000 CAD
587-328-6805
2313 16 St SW, Calgary, AB for Sale
$1,295,000 CAD
Multi-Family - FOR SALE
1/4
null | Request Cap Rate


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 reduced to $1,295,000, this turnkey asset is ideal for investors seeking stability, location, and future appreciation.

FOR SALE DETAILS

PRICE

$1,295,000 CAD

PRICE/SF

$456 CAD /SF

# OF UNITS

4

PRICE/UNIT

$323,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

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

Jessie LailNAI AdventMore Info
587-328-6805

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Jessie LailNAI AdventMore Info
587-328-6805

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